Vanguard Personalized Indexing Management LLC Buys 929 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Vanguard Personalized Indexing Management LLC lifted its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 1.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 66,654 shares of the real estate investment trust’s stock after purchasing an additional 929 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Healthcare Realty Trust were worth $1,098,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Muzinich & Co. Inc. raised its position in Healthcare Realty Trust by 98.1% during the 4th quarter. Muzinich & Co. Inc. now owns 2,179 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 1,079 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Healthcare Realty Trust by 38.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 628 shares during the period. Quarry LP purchased a new stake in Healthcare Realty Trust in the fourth quarter worth $39,000. Creekmur Asset Management LLC bought a new stake in Healthcare Realty Trust in the fourth quarter valued at $85,000. Finally, Parallel Advisors LLC increased its position in Healthcare Realty Trust by 149.4% during the 4th quarter. Parallel Advisors LLC now owns 5,424 shares of the real estate investment trust’s stock valued at $93,000 after purchasing an additional 3,249 shares during the period.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian purchased 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 completion of the transaction, the director now directly owns 22,252 shares of the company’s stock, valued at $386,962.28. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director John Knox Singleton bought 6,500 shares of the stock in a transaction on Thursday, September 5th. The shares were acquired at an average price of $18.24 per share, for a total transaction of $118,560.00. Following the purchase, the director now owns 57,082 shares of the company’s stock, valued at $1,041,175.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Thomas N. Bohjalian purchased 9,000 shares of Healthcare Realty Trust stock in a transaction dated 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 completion of the purchase, the director now directly owns 22,252 shares of the company’s stock, valued at $386,962.28. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 15,728 shares of company stock valued at $279,069. Insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Stock Performance

HR stock opened at $18.17 on Tuesday. The firm has a 50 day moving average price of $17.82 and a 200-day moving average price of $16.13. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $18.90. The firm has a market capitalization of $6.88 billion, a price-to-earnings ratio of -13.66 and a beta of 0.91.

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

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.24 dividend on an annualized basis and a yield of 6.82%. Healthcare Realty Trust’s dividend payout ratio is currently -93.23%.

Wall Street Analysts Forecast Growth

HR has been the subject of several research analyst reports. Wedbush raised their target price on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Wells Fargo & Company lowered shares of Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and lowered their price objective for the stock from $17.00 to $16.00 in a report on Tuesday, July 30th. Finally, Scotiabank upped their target price on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 7th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Healthcare Realty Trust currently has a consensus rating of “Hold” and an average target price of $17.00.

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.