Allianz Asset Management GmbH Grows Stock Holdings in Healthcare Realty Trust Incorporated $HR

Allianz Asset Management GmbH increased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 36.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 527,024 shares of the real estate investment trust’s stock after purchasing an additional 140,396 shares during the period. Allianz Asset Management GmbH’s holdings in Healthcare Realty Trust were worth $9,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. CWM LLC grew its position in Healthcare Realty Trust by 4.1% during the 2nd quarter. CWM LLC now owns 21,991 shares of the real estate investment trust’s stock worth $349,000 after purchasing an additional 868 shares during the period. State Board of Administration of Florida Retirement System boosted its stake in shares of Healthcare Realty Trust by 0.4% in the second quarter. State Board of Administration of Florida Retirement System now owns 273,831 shares of the real estate investment trust’s stock worth $4,343,000 after buying an additional 1,090 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of Healthcare Realty Trust by 1.5% in the third quarter. Arizona State Retirement System now owns 98,791 shares of the real estate investment trust’s stock worth $1,781,000 after buying an additional 1,478 shares during the last quarter. Journey Strategic Wealth LLC grew its holdings in Healthcare Realty Trust by 6.3% during the second quarter. Journey Strategic Wealth LLC now owns 27,391 shares of the real estate investment trust’s stock worth $434,000 after acquiring an additional 1,630 shares during the period. Finally, Taylor Frigon Capital Management LLC raised its position in Healthcare Realty Trust by 1.8% during the third quarter. Taylor Frigon Capital Management LLC now owns 99,241 shares of the real estate investment trust’s stock valued at $1,789,000 after acquiring an additional 1,716 shares in the last quarter.

Analyst Ratings Changes

Several research firms have commented on HR. Wells Fargo & Company upped their price objective on Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Citigroup increased their price target on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and an average target price of $19.13.

Healthcare Realty Trust Price Performance

NYSE HR opened at $16.95 on Monday. The stock’s 50 day simple moving average is $17.07 and its 200-day simple moving average is $17.42. The company has a market cap of $5.96 billion, a PE ratio of -15.99 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 1-year low of $14.09 and a 1-year high of $18.97.

Healthcare Realty Trust Company 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.