23,390 Shares in Healthcare Realty Trust Incorporated (NYSE:HR) Purchased by Safe Harbor Fiduciary LLC

Safe Harbor Fiduciary LLC acquired a new position in Healthcare Realty Trust Incorporated (NYSE:HR) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 23,390 shares of the real estate investment trust’s stock, valued at approximately $425,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quantinno Capital Management LP bought a new position in shares of Healthcare Realty Trust during the 3rd quarter valued at about $206,000. Point72 DIFC Ltd lifted its holdings in shares of Healthcare Realty Trust by 113.7% during the 3rd quarter. Point72 DIFC Ltd now owns 107,420 shares of the real estate investment trust’s stock valued at $1,950,000 after purchasing an additional 57,161 shares in the last quarter. Point72 Asset Management L.P. bought a new position in shares of Healthcare Realty Trust during the 3rd quarter valued at about $1,084,000. Centiva Capital LP lifted its holdings in shares of Healthcare Realty Trust by 340.7% during the 3rd quarter. Centiva Capital LP now owns 188,899 shares of the real estate investment trust’s stock valued at $3,429,000 after purchasing an additional 146,033 shares in the last quarter. Finally, Cinctive Capital Management LP bought a new stake in Healthcare Realty Trust in the 3rd quarter valued at approximately $4,257,000.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Scotiabank boosted their target price on 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. Wells Fargo & Company reaffirmed an “underweight” rating and set a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. One 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. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $17.17.

Healthcare Realty Trust Price Performance

HR stock opened at $18.35 on Thursday. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The business’s 50 day simple moving average is $17.75 and its 200 day simple moving average is $17.39.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.76%. The ex-dividend date was Tuesday, November 12th. Healthcare Realty Trust’s payout ratio is presently -78.48%.

Insider Buying and Selling at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian acquired 7,750 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were purchased at an average cost of $17.39 per share, with a total value of $134,772.50. Following the acquisition, the director now directly owns 50,002 shares in the company, valued at $869,534.78. This represents a 18.34 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.56% of the company’s stock.

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.