Healthcare Realty Trust Incorporated (NYSE:HR) Stock Position Lessened by American International Group Inc.

American International Group Inc. decreased its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 4.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 514,465 shares of the real estate investment trust’s stock after selling 22,116 shares during the quarter. American International Group Inc.’s holdings in Healthcare Realty Trust were worth $8,864,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Quarry LP bought a new position in shares of Healthcare Realty Trust in the fourth quarter worth $39,000. Gillson Capital LP bought a new position in Healthcare Realty Trust during the fourth quarter valued at about $3,374,000. Heitman Real Estate Securities LLC boosted its stake in Healthcare Realty Trust by 8.8% during the fourth quarter. Heitman Real Estate Securities LLC now owns 76,928 shares of the real estate investment trust’s stock valued at $1,325,000 after buying an additional 6,220 shares in the last quarter. Point72 Europe London LLP bought a new position in Healthcare Realty Trust during the fourth quarter valued at about $1,257,000. Finally, Lighthouse Investment Partners LLC boosted its stake in Healthcare Realty Trust by 233.3% during the fourth quarter. Lighthouse Investment Partners LLC now owns 750,000 shares of the real estate investment trust’s stock valued at $12,922,000 after buying an additional 525,000 shares in the last quarter.

Analyst Ratings Changes

HR has been the subject of several research reports. Wells Fargo & Company raised their target price on Healthcare Realty Trust from $16.00 to $17.00 and gave the company an “equal weight” rating in a research note on Friday, June 14th. Scotiabank raised their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the company a “sector perform” rating in a research note on Thursday, May 16th. Wedbush raised their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, May 8th. Stifel Nicolaus lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price target for the company from $19.00 to $15.00 in a research report on Tuesday, February 20th. Finally, JPMorgan Chase & Co. decreased their price target on Healthcare Realty Trust from $19.00 to $17.00 and set an “overweight” rating for the company in a research report on Wednesday, March 6th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $17.40.

Healthcare Realty Trust Trading Up 0.4 %

Shares of Healthcare Realty Trust stock opened at $16.22 on Wednesday. The stock has a 50-day moving average price of $15.31 and a 200 day moving average price of $15.36. The company has a market cap of $6.14 billion, a P/E ratio of -12.20 and a beta of 0.86. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $20.25.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 23rd. Investors of record on Monday, May 13th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.64%. The ex-dividend date of this dividend was Friday, May 10th. Healthcare Realty Trust’s dividend payout ratio is currently -93.23%.

Healthcare Realty Trust 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.