SG Americas Securities LLC grew its stake in Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 152.5% during the 4th quarter, HoldingsChannel reports. The firm owned 211,666 shares of the real estate investment trust’s stock after acquiring an additional 127,828 shares during the quarter. SG Americas Securities LLC’s holdings in Healthcare Realty Trust were worth $3,588,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of HR. Dynamic Technology Lab Private Ltd acquired a new stake in Healthcare Realty Trust in the 1st quarter valued at $205,000. Empowered Funds LLC acquired a new position in Healthcare Realty Trust during the first quarter worth $202,000. Cetera Investment Advisers raised its stake in Healthcare Realty Trust by 11.0% during the second quarter. Cetera Investment Advisers now owns 71,765 shares of the real estate investment trust’s stock worth $1,138,000 after acquiring an additional 7,089 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its holdings 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 acquiring an additional 1,090 shares during the period. Finally, Norges Bank acquired a new stake in shares of Healthcare Realty Trust in the 2nd quarter valued at $66,085,000.
Healthcare Realty Trust Stock Performance
Healthcare Realty Trust stock opened at $17.41 on Friday. The business’s fifty day moving average is $17.64 and its two-hundred day moving average is $17.67. The firm has a market cap of $6.07 billion, a P/E ratio of -24.51 and a beta of 0.97. 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 business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, February 24th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 5.5%. The ex-dividend date was Tuesday, February 24th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -135.21%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on HR shares. Cantor Fitzgerald upped their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a research report on Friday, March 27th. Finally, Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Healthcare Realty Trust currently has a consensus rating of “Hold” and an average target price of $18.88.
Check Out Our Latest Report on Healthcare Realty Trust
Insider Buying and Selling at Healthcare Realty Trust
In related news, Director Thomas N. Bohjalian bought 10,000 shares of the company’s stock in a transaction on Friday, March 6th. The stock was bought at an average cost of $18.09 per share, with a total value of $180,900.00. Following the completion of the purchase, the director owned 85,520 shares in the company, valued at approximately $1,547,056.80. The trade was a 13.24% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.37% of the company’s stock.
About Healthcare Realty Trust
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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