Cerity Partners LLC Increases Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Cerity Partners LLC raised its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 106.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 77,545 shares of the real estate investment trust’s stock after acquiring an additional 39,975 shares during the quarter. Cerity Partners LLC’s holdings in Healthcare Realty Trust were worth $1,407,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HR. Allspring Global Investments Holdings LLC lifted its position in shares of Healthcare Realty Trust by 38.1% during the 2nd 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 in the last quarter. Signaturefd LLC lifted its holdings in shares of Healthcare Realty Trust by 3.4% in the third quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust’s stock worth $452,000 after buying an additional 823 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Healthcare Realty Trust by 1.1% during the second quarter. Victory Capital Management Inc. now owns 81,598 shares of the real estate investment trust’s stock worth $1,345,000 after acquiring an additional 848 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in Healthcare Realty Trust by 1.4% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust’s stock valued at $1,098,000 after acquiring an additional 929 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of Healthcare Realty Trust by 3.6% during the 3rd quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock worth $551,000 after acquiring an additional 1,062 shares in the last quarter.

Healthcare Realty Trust Price Performance

Shares of HR stock opened at $18.12 on Wednesday. The firm has a market cap of $6.42 billion, a price-to-earnings ratio of -11.47 and a beta of 0.93. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90. The stock’s fifty day simple moving average is $17.75 and its 200 day simple moving average is $17.38.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were paid a $0.31 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.24 annualized dividend and a yield of 6.84%. Healthcare Realty Trust’s payout ratio is currently -78.48%.

Insider Activity at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director John Knox Singleton acquired 6,500 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The stock was bought at an average cost of $18.24 per share, with a total value of $118,560.00. Following the acquisition, the director now owns 57,082 shares in the company, valued at approximately $1,041,175.68. This represents a 12.85 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Thomas N. Bohjalian bought 7,750 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was bought at an average price of $17.39 per share, with a total value of $134,772.50. Following the completion of the transaction, the director now directly owns 50,002 shares of the company’s stock, valued at $869,534.78. This represents a 18.34 % increase in their position. The disclosure for this purchase can be found here. 0.56% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

HR has been the topic of several research reports. Wells Fargo & Company restated an “underweight” rating and set a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. 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. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $17.17.

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.