MML Investors Services LLC Grows Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

MML Investors Services LLC raised its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 6.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,487 shares of the real estate investment trust’s stock after buying an additional 1,416 shares during the period. MML Investors Services LLC’s holdings in Healthcare Realty Trust were worth $444,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of HR. Bank of New York Mellon Corp boosted its stake in shares of Healthcare Realty Trust by 5.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,492,116 shares of the real estate investment trust’s stock valued at $74,030,000 after buying an additional 216,662 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in 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 acquiring an additional 628 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Healthcare Realty Trust by 6.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 211,989 shares of the real estate investment trust’s stock worth $3,494,000 after acquiring an additional 12,071 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in shares of Healthcare Realty Trust by 0.5% in the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,059,223 shares of the real estate investment trust’s stock worth $17,456,000 after purchasing an additional 5,441 shares during the last quarter. Finally, Signaturefd LLC increased its position in shares of Healthcare Realty Trust by 39.4% in the 2nd quarter. Signaturefd LLC now owns 24,089 shares of the real estate investment trust’s stock worth $397,000 after purchasing an additional 6,810 shares during the last quarter.

Insider Buying and Selling

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 7,750 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were purchased at an average cost of $17.39 per share, for a total transaction of $134,772.50. Following the transaction, the director now directly owns 50,002 shares in the company, valued at $869,534.78. The trade was a 18.34 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Robert E. Hull sold 10,000 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total value of $174,800.00. Following the transaction, the chief operating officer now owns 171,400 shares of the company’s stock, valued at $2,996,072. This trade represents a 5.51 % decrease in their position. The disclosure for this sale can be found here. Insiders purchased a total of 18,750 shares of company stock worth $323,723 in the last three months. 0.56% of the stock is owned by insiders.

Healthcare Realty Trust Stock Up 0.1 %

Shares of NYSE HR opened at $16.89 on Tuesday. The stock has a market capitalization of $5.99 billion, a P/E ratio of -10.69 and a beta of 0.93. The firm’s 50-day moving average price is $17.72 and its two-hundred day moving average price is $17.54. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $18.90.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a yield of 7.34%. Healthcare Realty Trust’s dividend payout ratio is currently -78.48%.

Wall Street Analysts Forecast Growth

HR has been the subject of a number of research reports. Wells Fargo & Company reiterated an “underweight” rating and issued a $17.00 price target (up from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a research report on Friday. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $17.50.

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.