Universal Beteiligungs und Servicegesellschaft mbH lowered its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 44.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 673,740 shares of the real estate investment trust’s stock after selling 542,992 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.19% of Healthcare Realty Trust worth $12,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of HR. CWM LLC grew its stake in Healthcare Realty Trust by 4.1% during the second quarter. CWM LLC now owns 21,991 shares of the real estate investment trust’s stock valued at $349,000 after acquiring an additional 868 shares in the last quarter. State Board of Administration of Florida Retirement System grew its position in shares of Healthcare Realty Trust by 0.4% during the second quarter. State Board of Administration of Florida Retirement System now owns 273,831 shares of the real estate investment trust’s stock valued at $4,343,000 after purchasing an additional 1,090 shares in the last quarter. GC Wealth Management RIA LLC grew its position in shares of Healthcare Realty Trust by 5.8% during the second quarter. GC Wealth Management RIA LLC now owns 26,102 shares of the real estate investment trust’s stock valued at $414,000 after purchasing an additional 1,434 shares in the last quarter. Journey Strategic Wealth LLC increased its holdings in shares of Healthcare Realty Trust by 6.3% in the second quarter. Journey Strategic Wealth LLC now owns 27,391 shares of the real estate investment trust’s stock worth $434,000 after purchasing an additional 1,630 shares during the last quarter. Finally, Taylor Frigon Capital Management LLC lifted its position in shares of Healthcare Realty Trust by 1.8% in the third quarter. Taylor Frigon Capital Management LLC now owns 99,241 shares of the real estate investment trust’s stock worth $1,789,000 after buying an additional 1,716 shares in the last quarter.
Healthcare Realty Trust Stock Up 0.7%
NYSE HR opened at $17.09 on Friday. The company has a fifty day moving average of $17.34 and a two-hundred day moving average of $17.38. The firm has a market capitalization of $6.01 billion, a price-to-earnings ratio of -16.12 and a beta of 0.96. Healthcare Realty Trust Incorporated has a 52 week low of $14.09 and a 52 week high of $18.97.
Healthcare Realty Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th were paid a $0.24 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $0.96 annualized dividend and a yield of 5.6%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -90.57%.
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. Wall Street Zen cut shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Friday. Cantor Fitzgerald started coverage on shares of Healthcare Realty Trust in a research report on Wednesday, October 1st. They set an “overweight” rating and a $23.00 price objective for the company. Citigroup lifted their price objective on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. Finally, Royal Bank Of Canada initiated coverage on shares of Healthcare Realty Trust in a research report on Wednesday, October 8th. They set a “sector perform” rating and a $19.00 target price on the stock. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $19.13.
Get Our Latest Report 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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