Harbor Capital Advisors Inc. Sells 674 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Harbor Capital Advisors Inc. decreased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 13.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,250 shares of the real estate investment trust’s stock after selling 674 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Healthcare Realty Trust were worth $72,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Deerfield Management Company L.P. Series C bought a new position in shares of Healthcare Realty Trust during the second quarter valued at $471,000. Thrivent Financial for Lutherans lifted its stake in Healthcare Realty Trust by 6.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust’s stock valued at $78,843,000 after acquiring an additional 301,747 shares during the period. Cerity Partners LLC boosted its holdings in shares of Healthcare Realty Trust by 106.4% during the 3rd quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust’s stock valued at $1,407,000 after acquiring an additional 39,975 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Healthcare Realty Trust in the third quarter worth approximately $849,000. Finally, Weiss Asset Management LP purchased a new position in shares of Healthcare Realty Trust during the third quarter valued at approximately $1,471,000.

Healthcare Realty Trust Trading Down 0.6 %

NYSE HR opened at $16.22 on Thursday. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $18.90. The stock has a market cap of $5.75 billion, a PE ratio of -10.27 and a beta of 0.94. The stock’s 50 day moving average is $17.33 and its 200 day moving average is $17.57.

Healthcare Realty Trust Announces Dividend

The business 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. This represents a $1.24 annualized dividend and a yield of 7.64%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust’s payout ratio is currently -78.48%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. cut shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price on the stock. in a report on Friday, December 20th. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their target price for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Wedbush cut Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $18.00 to $16.00 in a research report on Thursday, January 2nd. Finally, Wells Fargo & Company reiterated an “underweight” rating and set a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. Two research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $17.14.

Insider Buying and Selling at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 7,750 shares of Healthcare Realty Trust stock in a transaction that occurred on Friday, November 22nd. The shares were bought at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the completion of the transaction, the director now owns 50,002 shares of the company’s stock, valued at approximately $869,534.78. This trade represents a 18.34 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of the stock in a transaction on Friday, December 13th. The shares were acquired at an average price of $17.21 per share, with a total value of $172,100.00. Following the transaction, the director now directly owns 26,576 shares of the company’s stock, 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 purchased 18,750 shares of company stock valued at $323,723 in the last 90 days. Insiders own 0.56% of the company’s stock.

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.