Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lowered its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 12.8% during the third quarter, Holdings Channel.com reports. The fund owned 71,156 shares of the real estate investment trust’s stock after selling 10,442 shares during the quarter. Victory Capital Management Inc.’s holdings in Healthcare Realty Trust were worth $1,291,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in HR. Allspring Global Investments Holdings LLC increased its stake 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 holdings in shares of Healthcare Realty Trust by 3.4% during the third quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust’s stock worth $452,000 after purchasing an additional 823 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in shares of Healthcare Realty Trust by 1.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust’s stock worth $1,098,000 after buying an additional 929 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of Healthcare Realty Trust by 3.6% in 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 buying an additional 1,062 shares during the period. Finally, Presima Securities ULC grew its position in shares of Healthcare Realty Trust by 0.9% during the 3rd quarter. Presima Securities ULC now owns 120,098 shares of the real estate investment trust’s stock valued at $2,180,000 after buying an additional 1,100 shares during the last quarter.

Healthcare Realty Trust Price Performance

HR stock opened at $18.53 on Wednesday. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $18.90. The firm has a 50 day simple moving average of $17.71 and a 200 day simple moving average of $17.29. The firm has a market cap of $6.57 billion, a PE ratio of -11.73 and a beta of 0.91.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 6.69%. The ex-dividend date of this dividend is Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -78.48%.

Insider Activity

In other news, Director John Knox Singleton bought 6,500 shares of the stock in a transaction on Thursday, September 5th. The shares were purchased at an average price of $18.24 per share, for a total transaction of $118,560.00. Following the completion of the purchase, the director now directly owns 57,082 shares of the company’s stock, valued at $1,041,175.68. This trade represents a 12.85 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Thomas N. Bohjalian purchased 7,750 shares of Healthcare Realty Trust stock in a transaction dated Friday, November 22nd. The shares were purchased at an average price of $17.39 per share, with a total value of $134,772.50. Following the completion of the acquisition, the director now owns 50,002 shares in the company, valued at $869,534.78. The trade was a 18.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired 14,478 shares of company stock worth $257,332 over the last quarter. Corporate insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HR shares. Wells Fargo & Company restated an “underweight” rating and set a $17.00 price objective (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. Scotiabank increased their price objective on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 7th. Finally, Wedbush lifted their price objective on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the company a “neutral” rating in a research report on Monday, August 5th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $17.17.

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.