Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Pensionfund DSM Netherlands

Pensionfund DSM Netherlands lowered its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 19.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 150,719 shares of the real estate investment trust’s stock after selling 37,000 shares during the quarter. Healthcare Realty Trust comprises about 1.6% of Pensionfund DSM Netherlands’ holdings, making the stock its 20th largest position. Pensionfund DSM Netherlands’ holdings in Healthcare Realty Trust were worth $2,555,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in Healthcare Realty Trust by 7.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,856,286 shares of the real estate investment trust’s stock worth $96,513,000 after buying an additional 395,243 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Healthcare Realty Trust by 6.7% during the second quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust’s stock worth $78,843,000 after acquiring an additional 301,747 shares during the period. Sei Investments Co. increased its stake in shares of Healthcare Realty Trust by 4.6% during the second quarter. Sei Investments Co. now owns 2,367,735 shares of the real estate investment trust’s stock worth $39,020,000 after acquiring an additional 103,259 shares during the period. Pzena Investment Management LLC purchased a new position in Healthcare Realty Trust during the third quarter worth about $40,392,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Healthcare Realty Trust by 358.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust’s stock valued at $38,879,000 after purchasing an additional 1,674,583 shares during the period.

Insider Buying and Selling

In other Healthcare Realty Trust news, COO Robert E. Hull sold 10,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total value of $174,800.00. Following the transaction, the chief operating officer now directly owns 171,400 shares in the company, valued at approximately $2,996,072. This represents a 5.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas N. Bohjalian purchased 7,750 shares of the 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 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. Insiders purchased 18,750 shares of company stock worth $323,723 in the last ninety days. Insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

HR has been the subject of a number of analyst reports. Wedbush downgraded Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $18.00 to $16.00 in a research note on Thursday. Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $19.00 to $17.00 in a report on Thursday. Wells Fargo & Company reissued an “underweight” rating and issued a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Finally, JPMorgan Chase & Co. cut shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target on the stock. in a research note on Friday, December 20th. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $17.14.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock traded up $0.01 during trading hours on Monday, hitting $16.58. The stock had a trading volume of 110,843 shares, compared to its average volume of 2,284,533. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The stock has a market capitalization of $5.88 billion, a price-to-earnings ratio of -10.49 and a beta of 0.94. The stock’s fifty day moving average is $17.49 and its two-hundred day moving average is $17.57.

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were paid a dividend of $0.31 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.48%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -78.48%.

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.