11,762 Shares in Healthcare Realty Trust Incorporated (NYSE:HR) Bought by CreativeOne Wealth LLC

CreativeOne Wealth LLC bought a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,762 shares of the real estate investment trust’s stock, valued at approximately $213,000.

Other hedge funds have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC raised its stake in shares of Healthcare Realty Trust by 38.1% in the second 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 during the period. EverSource Wealth Advisors LLC raised its stake in shares of Healthcare Realty Trust by 260.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 2,030 shares during the period. Harbor Capital Advisors Inc. bought a new stake in shares of Healthcare Realty Trust in the third quarter valued at $89,000. GAMMA Investing LLC raised its stake in shares of Healthcare Realty Trust by 67.2% in the second quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust’s stock valued at $92,000 after buying an additional 2,238 shares during the period. Finally, Virtu Financial LLC bought a new stake in shares of Healthcare Realty Trust in the first quarter valued at $152,000.

Insider Buying and Selling

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

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $18.12 on Wednesday. The stock has a market cap of $6.42 billion, a PE ratio of -11.47 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 of $17.75 and a 200-day moving average of $17.38.

Healthcare Realty Trust Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Scotiabank boosted their target price on Healthcare Realty Trust from $17.00 to $18.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 7th. 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 report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and a consensus target price of $17.17.

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.