Healthcare Realty Trust Incorporated (NYSE:HR) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 6.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,784,186 shares of the real estate investment trust’s stock after purchasing an additional 301,747 shares during the period. Thrivent Financial for Lutherans owned about 1.26% of Healthcare Realty Trust worth $78,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HR. Centersquare Investment Management LLC purchased a new position in shares of Healthcare Realty Trust during the 1st quarter valued at about $1,246,000. SG Americas Securities LLC grew its position in Healthcare Realty Trust by 394.9% during the first quarter. SG Americas Securities LLC now owns 388,015 shares of the real estate investment trust’s stock valued at $5,490,000 after buying an additional 309,609 shares during the period. Vanguard Group Inc. increased its holdings in Healthcare Realty Trust by 1.4% in the first quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust’s stock valued at $767,585,000 after buying an additional 723,197 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of Healthcare Realty Trust in the first quarter worth about $719,000. Finally, Tidal Investments LLC purchased a new stake in shares of Healthcare Realty Trust during the 1st quarter worth about $1,360,000.

Insider Buying and Selling at Healthcare Realty Trust

In other 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. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, Director Thomas N. Bohjalian acquired 9,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Monday, August 12th. The shares were purchased at an average cost of $17.39 per share, for a total transaction of $156,510.00. Following the acquisition, the director now owns 22,252 shares in the company, valued at $386,962.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Knox Singleton bought 6,500 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was bought 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 of the company’s stock, valued at $1,041,175.68. The disclosure for this purchase can be found here. Insiders have bought 15,728 shares of company stock worth $279,069 in the last ninety days. 0.56% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on HR shares. Scotiabank lifted their price target 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 boosted their price objective on 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 lowered Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $17.00 to $16.00 in a research report on Tuesday, July 30th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Healthcare Realty Trust currently has an average rating of “Hold” and an average target price of $17.00.

Healthcare Realty Trust Stock Performance

Shares of Healthcare Realty Trust stock opened at $17.94 on Friday. The business’s 50 day moving average price is $17.81 and its 200 day moving average price is $16.08. The company has a market cap of $6.79 billion, a price-to-earnings ratio of -13.49 and a beta of 0.91. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results on Friday, August 2nd. The real estate investment trust reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.77). The company had revenue of $316.30 million during the quarter, compared to analyst estimates of $317.90 million. Healthcare Realty Trust had a negative return on equity of 8.50% and a negative net margin of 42.79%. The firm’s revenue was down 6.4% compared to the same quarter last year. During the same period last year, the business earned $0.39 earnings per share. On average, analysts predict that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were issued a $0.31 dividend. The ex-dividend date was Monday, August 12th. This represents a $1.24 annualized dividend and a yield of 6.91%. Healthcare Realty Trust’s payout ratio is -93.23%.

Healthcare Realty Trust 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.