GSA Capital Partners LLP acquired a new position in Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 60,982 shares of the real estate investment trust’s stock, valued at approximately $1,107,000.
A number of other institutional investors have also recently bought and sold shares of HR. Vanguard Group Inc. grew its position in Healthcare Realty Trust by 1.4% during the first quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust’s stock worth $767,585,000 after buying an additional 723,197 shares in the last quarter. Canada Pension Plan Investment Board increased its position in shares of Healthcare Realty Trust by 52.3% in the first quarter. Canada Pension Plan Investment Board now owns 10,942,261 shares of the real estate investment trust’s stock worth $154,833,000 after purchasing an additional 3,758,040 shares during the period. Dimensional Fund Advisors LP raised its stake in Healthcare Realty Trust by 7.2% in the second quarter. Dimensional Fund Advisors LP now owns 5,856,286 shares of the real estate investment trust’s stock valued at $96,513,000 after purchasing an additional 395,243 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in Healthcare Realty Trust by 2.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,782,253 shares of the real estate investment trust’s stock worth $81,820,000 after purchasing an additional 158,342 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in Healthcare Realty Trust by 6.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust’s stock valued at $78,843,000 after buying an additional 301,747 shares during the period.
Insider Activity at Healthcare Realty Trust
In other news, Director John Knox Singleton bought 6,500 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The shares were acquired at an average price of $18.24 per share, for a total transaction of $118,560.00. Following the completion of the acquisition, the director now directly owns 57,082 shares in the company, valued at approximately $1,041,175.68. This represents a 12.85 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.56% of the stock is currently owned by company insiders.
Healthcare Realty Trust Trading Down 1.1 %
Healthcare Realty Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.13%. The ex-dividend date of this dividend is Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -78.48%.
Analysts Set New Price Targets
Several research firms recently issued reports on HR. Wells Fargo & Company reiterated an “underweight” rating and set a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. Wedbush boosted their price target on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Finally, Scotiabank upped their price objective on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, Healthcare Realty Trust currently has an average rating of “Hold” and a consensus target price of $17.17.
Check Out Our Latest Analysis on Healthcare Realty Trust
Healthcare Realty Trust Company Profile
Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.
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