Healthcare Realty Trust Incorporated (NYSE:HR) Director Jay P. Leupp Acquires 1,000 Shares of Stock

Healthcare Realty Trust Incorporated (NYSE:HR) Director Jay P. Leupp bought 1,000 shares of the business’s stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of $16.85 per share, with a total value of $16,850.00. Following the transaction, the director now owns 33,830 shares in the company, valued at approximately $570,035.50. The trade was a 3.05 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.

Healthcare Realty Trust Trading Up 1.1 %

HR opened at $16.88 on Friday. The stock’s 50 day simple moving average is $17.72 and its 200-day simple moving average is $17.52. The stock has a market cap of $5.98 billion, a PE ratio of -10.68 and a beta of 0.93. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust’s payout ratio is -78.48%.

Institutional Trading of Healthcare Realty Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC boosted its stake in shares of Healthcare Realty Trust by 38.1% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 628 shares in the last quarter. Signaturefd LLC grew its stake in Healthcare Realty Trust by 3.4% during the third quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust’s stock worth $452,000 after buying an additional 823 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of Healthcare Realty Trust by 1.1% in the second quarter. Victory Capital Management Inc. now owns 81,598 shares of the real estate investment trust’s stock valued at $1,345,000 after acquiring an additional 848 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Healthcare Realty Trust by 1.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust’s stock worth $1,098,000 after acquiring an additional 929 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of Healthcare Realty Trust by 3.6% in the third quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock valued at $551,000 after buying an additional 1,062 shares during the last quarter.

Analysts Set New Price Targets

A number of equities analysts have recently commented on HR shares. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research note on Friday. Wells Fargo & Company reiterated an “underweight” rating and set a $17.00 price target (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $17.50.

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.