Thomas N. Bohjalian Buys 7,750 Shares of Healthcare Realty Trust Incorporated (NYSE:HR) Stock

Healthcare Realty Trust Incorporated (NYSE:HR) Director Thomas N. Bohjalian bought 7,750 shares of Healthcare Realty Trust stock in a transaction 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 acquisition, the director now owns 50,002 shares of the company’s stock, valued at approximately $869,534.78. The trade was a 18.34 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Healthcare Realty Trust Stock Down 2.8 %

NYSE:HR opened at $17.30 on Friday. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90. The stock’s 50 day moving average price is $17.73 and its two-hundred day moving average price is $17.25.

Healthcare Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 7.17%. The ex-dividend date is Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is -78.48%.

Analyst Upgrades and Downgrades

HR has been the topic of a number of recent analyst reports. Wells Fargo & Company restated an “underweight” rating and set a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Scotiabank raised their price target on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 7th. Finally, Wedbush raised their price target on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $17.17.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HR. Vanguard Group Inc. boosted its stake in shares of Healthcare Realty Trust by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust’s stock worth $767,585,000 after acquiring an additional 723,197 shares during the period. MQS Management LLC bought a new stake in Healthcare Realty Trust in the 1st quarter valued at $172,000. CreativeOne Wealth LLC bought a new stake in Healthcare Realty Trust in the 1st quarter valued at $174,000. Advisors Asset Management Inc. boosted its stake in Healthcare Realty Trust by 25.1% in the 1st quarter. Advisors Asset Management Inc. now owns 112,787 shares of the real estate investment trust’s stock valued at $1,596,000 after purchasing an additional 22,612 shares during the period. Finally, Canada Pension Plan Investment Board boosted its stake in Healthcare Realty Trust by 52.3% in the 1st quarter. Canada Pension Plan Investment Board now owns 10,942,261 shares of the real estate investment trust’s stock valued at $154,833,000 after purchasing an additional 3,758,040 shares during the period.

About Healthcare Realty Trust

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.