Harbor Capital Advisors Inc. Makes New Investment in Healthcare Realty Trust Incorporated (NYSE:HR)

Harbor Capital Advisors Inc. acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 4,924 shares of the real estate investment trust’s stock, valued at approximately $89,000.

Several other large investors have also modified their holdings of HR. Centersquare Investment Management LLC acquired a new position in Healthcare Realty Trust in the first quarter valued at $1,246,000. SG Americas Securities LLC lifted its holdings in shares of Healthcare Realty Trust by 394.9% in the 1st quarter. SG Americas Securities LLC now owns 388,015 shares of the real estate investment trust’s stock valued at $5,490,000 after purchasing an additional 309,609 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Healthcare Realty Trust by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust’s stock valued at $767,585,000 after purchasing an additional 723,197 shares during the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Healthcare Realty Trust in the 1st quarter valued at about $719,000. Finally, Tidal Investments LLC purchased a new position in Healthcare Realty Trust during the 1st quarter worth approximately $1,360,000.

Healthcare Realty Trust Stock Performance

HR stock opened at $17.78 on Friday. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90. The company has a fifty day moving average of $17.85 and a 200-day moving average of $17.03. The stock has a market capitalization of $6.45 billion, a PE ratio of -11.25 and a beta of 0.91.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 6.97%. The ex-dividend date is Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio is presently -78.48%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HR. Scotiabank boosted their price objective on Healthcare Realty Trust from $17.00 to $18.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 7th. Wedbush upped their price target on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. Finally, Wells Fargo & Company reissued an “underweight” rating and set a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $17.17.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director John Knox Singleton purchased 6,500 shares of Healthcare Realty Trust stock in a transaction dated Thursday, September 5th. The stock was acquired at an average cost of $18.24 per share, with a total value of $118,560.00. Following the acquisition, the director now directly owns 57,082 shares of the company’s stock, valued at $1,041,175.68. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director John Knox Singleton purchased 6,500 shares of the business’s stock in a transaction dated Thursday, September 5th. The stock was acquired at an average price of $18.24 per share, for a total transaction of $118,560.00. Following the acquisition, the director now directly owns 57,082 shares of the company’s stock, valued at $1,041,175.68. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Thomas N. Bohjalian acquired 9,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Monday, August 12th. The stock was 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 trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 15,728 shares of company stock worth $279,069. Company insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Company Profile

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.