Asset Management One Co. Ltd. Sells 3,337 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Asset Management One Co. Ltd. trimmed its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 0.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 548,175 shares of the real estate investment trust’s stock after selling 3,337 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Healthcare Realty Trust were worth $9,949,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Van ECK Associates Corp lifted its holdings in Healthcare Realty Trust by 8.9% during the third quarter. Van ECK Associates Corp now owns 166,676 shares of the real estate investment trust’s stock valued at $3,040,000 after purchasing an additional 13,592 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new position in Healthcare Realty Trust during the third quarter valued at approximately $89,000. US Bancorp DE lifted its holdings in shares of Healthcare Realty Trust by 15.1% in the third quarter. US Bancorp DE now owns 18,899 shares of the real estate investment trust’s stock worth $343,000 after buying an additional 2,475 shares in the last quarter. abrdn plc lifted its holdings in shares of Healthcare Realty Trust by 2.6% in the third quarter. abrdn plc now owns 252,889 shares of the real estate investment trust’s stock worth $4,590,000 after buying an additional 6,419 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Healthcare Realty Trust by 5.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 44,034 shares of the real estate investment trust’s stock worth $799,000 after buying an additional 2,446 shares in the last quarter.

Insider Activity

In other news, Director Thomas N. Bohjalian bought 9,000 shares of Healthcare Realty Trust stock in a transaction dated Monday, August 12th. The shares were acquired at an average price of $17.39 per share, with a total value of $156,510.00. Following the completion of the purchase, the director now owns 22,252 shares in the company, valued at $386,962.28. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director Thomas N. Bohjalian purchased 9,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Monday, August 12th. The shares were bought at an average price of $17.39 per share, with a total value of $156,510.00. Following the purchase, the director now directly owns 22,252 shares of the company’s stock, valued at approximately $386,962.28. This represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Knox Singleton bought 6,500 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were acquired at an average cost of $18.24 per share, for a total transaction of $118,560.00. Following the transaction, the director now directly owns 57,082 shares in the company, valued at approximately $1,041,175.68. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 15,728 shares of company stock valued at $279,069. 0.56% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Scotiabank boosted their target price on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 7th. Wells Fargo & Company reissued an “underweight” rating and issued a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Finally, Wedbush boosted their target price on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $17.17.

Healthcare Realty Trust Stock Up 2.6 %

Healthcare Realty Trust stock opened at $17.55 on Friday. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $18.90. The company has a market cap of $6.37 billion, a price-to-earnings ratio of -11.11 and a beta of 0.91. The firm’s fifty day moving average is $17.85 and its 200 day moving average is $17.01.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.07%. The ex-dividend date of this dividend is Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio is currently -78.48%.

About Healthcare Realty Trust

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.