Cerity Partners LLC Increases Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Cerity Partners LLC grew its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 106.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 77,545 shares of the real estate investment trust’s stock after purchasing an additional 39,975 shares during the period. Cerity Partners LLC’s holdings in Healthcare Realty Trust were worth $1,407,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Linden Thomas Advisory Services LLC acquired a new stake in Healthcare Realty Trust in the 2nd quarter valued at about $515,000. Deerfield Management Company L.P. Series C acquired a new position in Healthcare Realty Trust in the 2nd quarter valued at $471,000. Thrivent Financial for Lutherans grew its stake 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 acquiring an additional 301,747 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Healthcare Realty Trust in the third quarter valued at $7,052,000. Finally, Comerica Bank grew its holdings in Healthcare Realty Trust by 39.4% in the 1st quarter. Comerica Bank now owns 251,393 shares of the real estate investment trust’s stock valued at $3,557,000 after buying an additional 71,057 shares during the period.

Healthcare Realty Trust Stock Down 2.3 %

NYSE:HR opened at $18.12 on Wednesday. The stock has a fifty day simple moving average of $17.75 and a 200 day simple moving average of $17.38. The firm has a market capitalization of $6.42 billion, a price-to-earnings ratio of -11.47 and a beta of 0.93. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 6.84%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -78.48%.

Insider Activity

In other Healthcare Realty Trust news, Director John Knox Singleton acquired 6,500 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were purchased at an average price of $18.24 per share, with a total value of $118,560.00. Following the completion of the transaction, the director now owns 57,082 shares in the company, valued at $1,041,175.68. The trade was a 12.85 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Thomas N. Bohjalian bought 7,750 shares of the firm’s stock in a transaction on Friday, November 22nd. The stock was acquired at an average cost of $17.39 per share, with a total value of $134,772.50. Following the completion of the transaction, the director now directly owns 50,002 shares of the company’s stock, valued at approximately $869,534.78. This represents a 18.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.56% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Wells Fargo & Company reiterated an “underweight” rating and set a $17.00 target price (up from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. Scotiabank boosted their price objective on Healthcare Realty Trust from $17.00 to $18.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 7th. One 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’s stock. According to MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and a consensus target price of $17.17.

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.