Fmr LLC Has $925,000 Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Fmr LLC lessened its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 77.3% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 50,946 shares of the real estate investment trust’s stock after selling 173,083 shares during the quarter. Fmr LLC’s holdings in Healthcare Realty Trust were worth $925,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC lifted its position in 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 acquiring an additional 628 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Healthcare Realty Trust by 260.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 2,030 shares during the last quarter. Harbor Capital Advisors Inc. bought a new stake in Healthcare Realty Trust in the 3rd quarter valued at $89,000. GAMMA Investing LLC boosted its stake in Healthcare Realty Trust by 33.7% in the 3rd quarter. GAMMA Investing LLC now owns 7,444 shares of the real estate investment trust’s stock valued at $135,000 after purchasing an additional 1,875 shares during the period. Finally, Trust Point Inc. bought a new position in Healthcare Realty Trust during the 3rd quarter worth $182,000.

Analyst Ratings Changes

Separately, Wells Fargo & Company reissued an “underweight” rating and issued a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Healthcare Realty Trust currently has a consensus rating of “Hold” and an average target price of $17.17.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director Peter F. Sr Lyle, Sr. bought 10,000 shares of the stock in a transaction on Friday, December 13th. The stock was purchased at an average price of $17.21 per share, with a total value of $172,100.00. Following the completion of the purchase, 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 purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Thomas N. Bohjalian purchased 7,750 shares of Healthcare Realty Trust 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 purchase, the director now owns 50,002 shares in the company, valued at $869,534.78. This represents a 18.34 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Stock Performance

NYSE:HR opened at $17.34 on Tuesday. The company has a market cap of $6.15 billion, a price-to-earnings ratio of -10.97 and a beta of 0.93. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90. The stock has a fifty day moving average price of $17.73 and a 200-day moving average price of $17.52.

Healthcare Realty Trust Announces Dividend

The company 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 was Tuesday, November 12th. This represents a $1.24 annualized dividend and a yield of 7.15%. Healthcare Realty Trust’s dividend payout ratio is -78.48%.

Healthcare Realty Trust 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.