Teachers Retirement System of The State of Kentucky Sells 3,310 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Teachers Retirement System of The State of Kentucky reduced its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 2.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 118,539 shares of the real estate investment trust’s stock after selling 3,310 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Healthcare Realty Trust were worth $2,152,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HR. Dimensional Fund Advisors LP raised its stake in Healthcare Realty Trust by 7.2% during the second quarter. Dimensional Fund Advisors LP now owns 5,856,286 shares of the real estate investment trust’s stock worth $96,513,000 after acquiring an additional 395,243 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of 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 worth $78,843,000 after purchasing an additional 301,747 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Healthcare Realty Trust by 5.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,492,116 shares of the real estate investment trust’s stock worth $74,030,000 after purchasing an additional 216,662 shares in the last quarter. Sei Investments Co. lifted its holdings in Healthcare Realty Trust by 4.6% during the 2nd quarter. Sei Investments Co. now owns 2,367,735 shares of the real estate investment trust’s stock valued at $39,020,000 after purchasing an additional 103,259 shares during the last quarter. Finally, Pzena Investment Management LLC acquired a new position in Healthcare Realty Trust in the third quarter valued at about $40,392,000.

Insider Activity at Healthcare Realty Trust

In other news, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were acquired at an average price of $17.21 per share, for a total transaction of $172,100.00. Following the completion of the acquisition, the director now directly owns 26,576 shares in the company, valued at approximately $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Thomas N. Bohjalian acquired 7,750 shares of the company’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 completion of the acquisition, the director now directly owns 50,002 shares in the company, valued at approximately $869,534.78. The trade was a 18.34 % increase in their position. The disclosure for this purchase can be found here. 0.56% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company reaffirmed an “underweight” rating and set a $17.00 price objective (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $17.17.

Healthcare Realty Trust Stock Up 0.7 %

Shares of NYSE:HR opened at $17.34 on Tuesday. The firm has a market cap of $6.15 billion, a P/E ratio of -10.97 and a beta of 0.93. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $18.90. The company’s 50-day moving average price is $17.73 and its two-hundred day moving average price is $17.52.

Healthcare Realty Trust Dividend Announcement

The business also recently declared 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 of this dividend was Tuesday, November 12th. This represents a $1.24 annualized dividend and a dividend yield of 7.15%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -78.48%.

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.