First National Bank of Omaha acquired a new position in Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 461,032 shares of the real estate investment trust’s stock, valued at approximately $7,879,000. First National Bank of Omaha owned about 0.13% of Healthcare Realty Trust as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently made changes to their positions in HR. PGGM Investments acquired a new position in shares of Healthcare Realty Trust in the 4th quarter worth approximately $113,389,000. Invesco Ltd. lifted its holdings in shares of Healthcare Realty Trust by 233.8% in the 3rd quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock worth $138,845,000 after acquiring an additional 5,393,651 shares during the last quarter. Norges Bank acquired a new position in shares of Healthcare Realty Trust in the 4th quarter worth approximately $62,154,000. Jupiter Asset Management Ltd. acquired a new position in shares of Healthcare Realty Trust in the 4th quarter worth approximately $31,810,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Healthcare Realty Trust by 68.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,392,815 shares of the real estate investment trust’s stock worth $79,201,000 after acquiring an additional 1,789,111 shares during the last quarter.
Healthcare Realty Trust Stock Up 0.9%
Healthcare Realty Trust stock opened at $20.68 on Friday. The firm has a market cap of $7.17 billion, a PE ratio of -35.66 and a beta of 0.98. Healthcare Realty Trust Incorporated has a 52-week low of $14.69 and a 52-week high of $20.90. The company’s 50 day moving average is $19.26 and its two-hundred day moving average is $18.10.
Healthcare Realty Trust Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were paid a dividend of $0.24 per share. The ex-dividend date was Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.6%. Healthcare Realty Trust’s payout ratio is presently -165.52%.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on HR. UBS Group upped their price objective on shares of Healthcare Realty Trust from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Royal Bank Of Canada increased their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “sector perform” rating in a report on Thursday, May 14th. Weiss Ratings lowered shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Scotiabank increased their target price on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, Cantor Fitzgerald increased their target price on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $20.75.
View Our Latest Stock Analysis on Healthcare Realty Trust
Healthcare Realty Trust Profile
Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.
The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.
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