Pacer Advisors Inc. Boosts Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Pacer Advisors Inc. raised its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 1.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 70,776 shares of the real estate investment trust’s stock after buying an additional 786 shares during the quarter. Pacer Advisors Inc.’s holdings in Healthcare Realty Trust were worth $1,200,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Blue Trust Inc. grew its stake in Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 925 shares during the last quarter. Point72 Hong Kong Ltd acquired a new position in Healthcare Realty Trust in the 3rd quarter worth about $65,000. Wilmington Savings Fund Society FSB purchased a new position in Healthcare Realty Trust during the third quarter valued at $78,000. Harbor Capital Advisors Inc. purchased a new position in Healthcare Realty Trust in the 3rd quarter valued at about $89,000. Finally, GAMMA Investing LLC raised its stake in Healthcare Realty Trust by 33.7% in the 3rd quarter. GAMMA Investing LLC now owns 7,444 shares of the real estate investment trust’s stock valued at $135,000 after purchasing an additional 1,875 shares during the last quarter.

Insider Activity at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian purchased 7,750 shares of the stock in a transaction on Friday, November 22nd. The stock was bought at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the acquisition, the director now directly owns 50,002 shares of the company’s stock, valued at approximately $869,534.78. The trade was a 18.34 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Robert E. Hull sold 10,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total transaction of $174,800.00. Following the completion of the sale, the chief operating officer now owns 171,400 shares in the company, valued at $2,996,072. The trade was a 5.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders purchased 18,750 shares of company stock worth $323,723. Insiders own 0.56% of the company’s stock.

Analysts Set New Price Targets

HR has been the topic of a number of research reports. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their target price for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wedbush lowered shares of Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $18.00 to $16.00 in a report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. cut shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective for the company. in a research report on Friday, December 20th. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $17.00.

Healthcare Realty Trust Price Performance

Shares of HR stock opened at $16.76 on Monday. The company has a 50-day moving average of $17.11 and a two-hundred day moving average of $17.52. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The firm has a market cap of $5.94 billion, a PE ratio of -10.60 and a beta of 0.94.

Healthcare Realty Trust Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.