Prudential Financial Inc. decreased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 95.9% during the third quarter, Holdings Channel reports. The institutional investor owned 74,418 shares of the real estate investment trust’s stock after selling 1,742,719 shares during the period. Prudential Financial Inc. owned about 0.06% of Healthcare Realty Trust worth $2,535,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of HR. Aberdeen Asset Management PLC UK raised its position in shares of Healthcare Realty Trust by 48.9% in the second quarter. Aberdeen Asset Management PLC UK now owns 566,943 shares of the real estate investment trust’s stock worth $19,837,000 after buying an additional 186,299 shares in the last quarter. Retirement Systems of Alabama raised its position in shares of Healthcare Realty Trust by 2.7% in the third quarter. Retirement Systems of Alabama now owns 149,305 shares of the real estate investment trust’s stock worth $5,085,000 after buying an additional 3,959 shares in the last quarter. Duff & Phelps Investment Management Co. bought a new position in shares of Healthcare Realty Trust during the second quarter worth approximately $35,011,000. PGGM Investments raised its position in shares of Healthcare Realty Trust by 9.3% in the second quarter. PGGM Investments now owns 2,773,000 shares of the real estate investment trust’s stock worth $97,027,000 after buying an additional 234,930 shares in the last quarter. Finally, Channing Capital Management LLC raised its position in shares of Healthcare Realty Trust by 8.6% in the second quarter. Channing Capital Management LLC now owns 1,560,840 shares of the real estate investment trust’s stock worth $54,614,000 after buying an additional 124,175 shares in the last quarter.

Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

Healthcare Realty Trust Incorporated (NYSE:HR) traded down 0.75% during trading on Friday, hitting $30.35. The company had a trading volume of 145,859 shares. The stock has a 50-day moving average of $29.94 and a 200 day moving average of $32.74. Healthcare Realty Trust Incorporated has a one year low of $26.66 and a one year high of $36.60. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 62.19 and a beta of 0.34.

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A number of analysts have issued reports on HR shares. Zacks Investment Research lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, October 11th. JMP Securities raised Healthcare Realty Trust from an “underperform” rating to a “market perform” rating in a report on Friday, November 4th. They noted that the move was a valuation call. KeyCorp lowered Healthcare Realty Trust from a “sector weight” rating to an “underweight” rating in a report on Thursday, December 15th. Jefferies Group started coverage on Healthcare Realty Trust in a report on Friday, December 16th. They issued a “buy” rating on the stock. Finally, Wells Fargo & Company raised Healthcare Realty Trust from a “market perform” rating to an “outperform” rating in a report on Tuesday, December 13th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $31.86.

In other news, CEO David R. Emery bought 68,000 shares of the firm’s stock in a transaction dated Wednesday, November 9th. The shares were bought at an average price of $28.84 per share, with a total value of $1,961,120.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO David R. Emery bought 72,000 shares of the firm’s stock in a transaction dated Thursday, November 10th. The stock was purchased at an average cost of $27.66 per share, for a total transaction of $1,991,520.00. The disclosure for this purchase can be found here. 1.65% of the stock is owned by company insiders.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust (REIT). The Company owns, acquires, manages, finances and develops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States. It provides property management services for approximately 140 healthcare-related properties, totaling over 9.8 million square feet.

5 Day Chart for NYSE:HR

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