Victory Capital Management Inc. Has $1.29 Million Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Victory Capital Management Inc. cut its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 12.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 71,156 shares of the real estate investment trust’s stock after selling 10,442 shares during the quarter. Victory Capital Management Inc.’s holdings in Healthcare Realty Trust were worth $1,291,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. 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 worth $38,000 after purchasing an additional 628 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Healthcare Realty Trust by 260.6% during the second quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 2,030 shares during the period. Harbor Capital Advisors Inc. bought a new stake in shares of Healthcare Realty Trust during the 3rd quarter valued at about $89,000. GAMMA Investing LLC increased its stake in Healthcare Realty Trust by 67.2% in the second quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust’s stock valued at $92,000 after purchasing an additional 2,238 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Healthcare Realty Trust in the 1st quarter worth $152,000.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director John Knox Singleton bought 6,500 shares of the company’s stock in a transaction on Thursday, September 5th. The shares were bought at an average cost of $18.24 per share, for a total transaction of $118,560.00. Following the acquisition, the director now directly owns 57,082 shares in the company, valued at approximately $1,041,175.68. The trade was a 12.85 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas N. Bohjalian purchased 7,750 shares of the business’s stock in a transaction dated 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 completion of the acquisition, the director now directly owns 50,002 shares in the company, valued at approximately $869,534.78. This trade represents a 18.34 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 14,478 shares of company stock valued at $257,332 in the last quarter. 0.56% of the stock is currently owned by insiders.

Healthcare Realty Trust Price Performance

HR opened at $18.53 on Wednesday. The firm has a market cap of $6.57 billion, a P/E ratio of -11.73 and a beta of 0.91. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The company has a 50 day simple moving average of $17.71 and a two-hundred day simple moving average of $17.29.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 6.69%. The ex-dividend date of this dividend is Tuesday, November 12th. Healthcare Realty Trust’s payout ratio is presently -78.48%.

Analysts Set New Price Targets

HR has been the topic of several recent analyst reports. Wells Fargo & Company reissued an “underweight” rating and set a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. Wedbush raised their price target 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, Scotiabank boosted their target price 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. 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 stock. According to MarketBeat, Healthcare Realty Trust currently has an average rating of “Hold” and an average price target of $17.17.

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.