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

Quest Partners LLC raised its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 2,471.4% in the third quarter, HoldingsChannel reports. The firm owned 221,348 shares of the real estate investment trust’s stock after buying an additional 212,740 shares during the quarter. Healthcare Realty Trust makes up 0.4% of Quest Partners LLC’s investment portfolio, making the stock its 12th largest position. Quest Partners LLC’s holdings in Healthcare Realty Trust were worth $4,017,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its holdings 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. EverSource Wealth Advisors LLC raised its position in Healthcare Realty Trust by 260.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock worth $50,000 after acquiring an additional 2,030 shares during the period. Harbor Capital Advisors Inc. purchased a new position in shares of Healthcare Realty Trust during the 3rd quarter worth $89,000. GAMMA Investing LLC grew its position in shares of Healthcare Realty Trust by 67.2% during the 2nd quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust’s stock valued at $92,000 after acquiring an additional 2,238 shares during the period. Finally, Trust Point Inc. purchased a new stake in shares of Healthcare Realty Trust in the 3rd quarter worth $182,000.

Insider Buying and Selling at Healthcare Realty Trust

In related news, Director John Knox Singleton bought 6,500 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were bought 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 approximately $1,041,175.68. This trade represents a 12.85 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.56% of the stock is currently owned by corporate insiders.

Healthcare Realty Trust Stock Up 0.6 %

Shares of Healthcare Realty Trust stock opened at $17.49 on Monday. The stock’s fifty day moving average is $17.81 and its two-hundred day moving average is $17.18. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The company has a market capitalization of $6.20 billion, a PE ratio of -11.07 and a beta of 0.91.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.24 annualized dividend and a yield of 7.09%. Healthcare Realty Trust’s payout ratio is currently -78.48%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Scotiabank lifted their target price 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. Wells Fargo & Company reissued an “underweight” rating and issued a $17.00 target price (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Finally, Wedbush lifted their price target on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the company a “neutral” rating in a report on Monday, August 5th. One equities 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. Based on data from MarketBeat.com, Healthcare Realty Trust presently has an average rating of “Hold” and a consensus target price of $17.17.

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.