Sanctuary Advisors LLC Invests $194,000 in Healthcare Realty Trust Incorporated (NYSE:HR)

Sanctuary Advisors LLC acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 11,187 shares of the real estate investment trust’s stock, valued at approximately $194,000.

Several other institutional investors have also modified their holdings of the stock. 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 worth $38,000 after purchasing an additional 628 shares during the period. Signaturefd LLC boosted its holdings in 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 valued at $397,000 after purchasing an additional 6,810 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Healthcare Realty Trust by 11.9% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 69,152 shares of the real estate investment trust’s stock worth $1,140,000 after buying an additional 7,345 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Healthcare Realty Trust during the second quarter worth about $309,000. Finally, Consolidated Portfolio Review Corp increased its stake in Healthcare Realty Trust by 20.6% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 54,029 shares of the real estate investment trust’s stock valued at $890,000 after purchasing an additional 9,227 shares in the last quarter.

Insider Transactions at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian bought 7,750 shares of Healthcare Realty Trust stock in a transaction dated Friday, November 22nd. The shares were acquired at an average cost of $17.39 per share, with a total value of $134,772.50. Following the completion of the transaction, the director now owns 50,002 shares in the company, valued at approximately $869,534.78. This trade represents a 18.34 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was purchased at an average cost of $17.21 per share, with a total value of $172,100.00. Following the completion of the transaction, the director now owns 26,576 shares in the company, valued at $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought a total of 18,750 shares of company stock worth $323,723 in the last three months. 0.56% of the stock is currently owned by company insiders.

Healthcare Realty Trust Stock Down 0.9 %

NYSE:HR opened at $16.86 on Monday. The company has a market cap of $5.97 billion, a P/E ratio of -10.67 and a beta of 0.93. The firm’s 50 day moving average is $17.62 and its two-hundred day moving average is $17.55. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -78.48%.

Analyst Upgrades and Downgrades

HR has been the topic of several recent research reports. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.50.

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.