Geode Capital Management LLC raised its stake in Healthcare Realty Trust Inc. (NYSE:HR) by 2.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 815,281 shares of the real estate investment trust’s stock after buying an additional 21,340 shares during the period. Geode Capital Management LLC owned about 0.80% of Healthcare Realty Trust worth $25,184,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Driehaus Capital Management LLC raised its position in Healthcare Realty Trust by 44.9% in the fourth quarter. Driehaus Capital Management LLC now owns 151,718 shares of the real estate investment trust’s stock valued at $4,297,000 after buying an additional 47,000 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in Healthcare Realty Trust by 80.4% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,211,327 shares of the real estate investment trust’s stock valued at $34,305,000 after buying an additional 539,723 shares during the last quarter. State of Tennessee Treasury Department purchased a new position in Healthcare Realty Trust during the fourth quarter valued at about $2,195,000. Deere & Co. raised its position in Healthcare Realty Trust by 280.7% in the fourth quarter. Deere & Co. now owns 38,389 shares of the real estate investment trust’s stock valued at $1,087,000 after buying an additional 28,305 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in Healthcare Realty Trust by 4.7% in the fourth quarter. Principal Financial Group Inc. now owns 682,899 shares of the real estate investment trust’s stock valued at $19,340,000 after buying an additional 30,572 shares during the last quarter.
Shares of Healthcare Realty Trust Inc. (NYSE:HR) traded up 1.55% during midday trading on Thursday, reaching $35.93. 766,032 shares of the company’s stock were exchanged. The stock has a market capitalization of $3.77 billion and a P/E ratio of 49.22. The firm has a 50-day moving average of $34.72 and a 200-day moving average of $31.19. Healthcare Realty Trust Inc. has a 12-month low of $22.01 and a 12-month high of $36.12.
Several equities analysts have recently weighed in on HR shares. Zacks Investment Research lowered shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, April 7th. Stifel Nicolaus upped their price objective on shares of Healthcare Realty Trust from $31.00 to $34.00 and gave the company a “buy” rating in a report on Thursday, May 5th. JMP Securities lowered shares of Healthcare Realty Trust from a “market perform” rating to an “underperform” rating and set a $29.00 price objective on the stock. in a report on Wednesday, June 22nd. Finally, Cantor Fitzgerald started coverage on shares of Healthcare Realty Trust in a report on Thursday, June 23rd. They set a “hold” rating and a $37.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $31.25.
In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 1,173 shares of the firm’s stock in a transaction on Wednesday, June 15th. The shares were sold at an average price of $33.50, for a total value of $39,295.50. Following the sale, the chief accounting officer now owns 4,733 shares of the company’s stock, valued at approximately $158,555.50. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Healthcare Realty Trust Incorporated (Healthcare Realty) is a self-managed and self-administered real estate investment trust. The Company owns, manages, finances and develops income-producing real estate properties associated with the delivery of outpatient healthcare services throughout the United States.
