Healthcare Realty Trust Incorporated (NYSE:HR) Shares Bought by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. raised its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 78.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 89,241 shares of the real estate investment trust’s stock after purchasing an additional 39,217 shares during the period. Lecap Asset Management Ltd.’s holdings in Healthcare Realty Trust were worth $1,620,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Allspring Global Investments Holdings LLC raised its holdings in shares of Healthcare Realty Trust by 38.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 628 shares during the last quarter. Signaturefd LLC raised its stake in Healthcare Realty Trust by 3.4% in the 3rd quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust’s stock worth $452,000 after acquiring an additional 823 shares during the last quarter. Victory Capital Management Inc. lifted its position in Healthcare Realty Trust by 1.1% during the 2nd quarter. Victory Capital Management Inc. now owns 81,598 shares of the real estate investment trust’s stock worth $1,345,000 after acquiring an additional 848 shares during the period. Vanguard Personalized Indexing Management LLC grew its stake in Healthcare Realty Trust by 1.4% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust’s stock valued at $1,098,000 after purchasing an additional 929 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in Healthcare Realty Trust by 3.6% during the 3rd quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock valued at $551,000 after purchasing an additional 1,062 shares during the last quarter.

Healthcare Realty Trust Trading Up 1.4 %

NYSE:HR opened at $18.24 on Thursday. The company has a market cap of $6.90 billion, a P/E ratio of -13.71 and a beta of 0.91. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90. The company’s 50-day moving average price is $17.84 and its 200-day moving average price is $16.74.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results on Friday, August 2nd. The real estate investment trust reported ($0.39) earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.77). Healthcare Realty Trust had a negative return on equity of 8.50% and a negative net margin of 42.79%. The company had revenue of $316.30 million for the quarter, compared to analyst estimates of $317.90 million. During the same quarter in the prior year, the firm earned $0.39 earnings per share. The company’s revenue for the quarter was down 6.4% on a year-over-year basis. On average, analysts expect that Healthcare Realty Trust Incorporated will post 1.55 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were issued a dividend of $0.31 per share. The ex-dividend date was Monday, August 12th. This represents a $1.24 annualized dividend and a dividend yield of 6.80%. Healthcare Realty Trust’s dividend payout ratio is presently -93.23%.

Analysts Set New Price Targets

A number of research firms recently commented on HR. Wedbush lifted their target price on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Wells Fargo & Company reiterated an “underweight” rating and issued a $17.00 price objective (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. Finally, Scotiabank lifted their price target on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 7th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $17.14.

Insider Activity

In other news, Director Thomas N. Bohjalian acquired 9,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was purchased at an average cost of $17.39 per share, for a total transaction of $156,510.00. Following the completion of the transaction, the director now owns 22,252 shares in the company, valued at approximately $386,962.28. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Healthcare Realty Trust news, Director John Knox Singleton purchased 6,500 shares of the stock in a transaction dated Thursday, September 5th. The stock was acquired at an average cost of $18.24 per share, for a total transaction of $118,560.00. Following the acquisition, the director now owns 57,082 shares in the company, valued at $1,041,175.68. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas N. Bohjalian acquired 9,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Monday, August 12th. The stock was bought at an average price of $17.39 per share, for a total transaction of $156,510.00. Following the completion of the acquisition, the director now owns 22,252 shares in the company, valued at $386,962.28. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 15,728 shares of company stock valued at $279,069. 0.56% of the stock is currently owned by insiders.

About Healthcare Realty Trust

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.