Daiwa Securities Group Inc. Sells 54,547 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Daiwa Securities Group Inc. cut its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 0.4% during the third quarter, Holdings Channel.com reports. The firm owned 12,547,682 shares of the real estate investment trust’s stock after selling 54,547 shares during the period. Healthcare Realty Trust makes up 1.1% of Daiwa Securities Group Inc.’s holdings, making the stock its 26th biggest holding. Daiwa Securities Group Inc.’s holdings in Healthcare Realty Trust were worth $227,740,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Pzena Investment Management LLC bought a new stake in Healthcare Realty Trust during the 3rd quarter valued at $40,392,000. Renaissance Technologies LLC purchased a new stake in shares of Healthcare Realty Trust during the 2nd quarter worth $10,304,000. Candriam S.C.A. purchased a new position in Healthcare Realty Trust in the second quarter valued at about $8,911,000. Millennium Management LLC grew its stake in Healthcare Realty Trust by 1,003.2% in the second quarter. Millennium Management LLC now owns 435,977 shares of the real estate investment trust’s stock valued at $7,185,000 after purchasing an additional 396,456 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Healthcare Realty Trust by 7.2% in 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 purchasing an additional 395,243 shares in the last quarter.

Insider Activity at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director John Knox Singleton purchased 6,500 shares of the business’s stock in a transaction that occurred 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 acquisition, the director now owns 57,082 shares in the company, valued at $1,041,175.68. This represents a 12.85 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Thomas N. Bohjalian purchased 7,750 shares of Healthcare Realty Trust stock in a transaction on Friday, November 22nd. The shares were 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 in the company, valued at $869,534.78. The trade was a 18.34 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 14,478 shares of company stock valued at $257,332 in the last ninety days. Company insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Trading Down 2.8 %

NYSE:HR opened at $17.30 on Friday. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90. The company has a market cap of $6.13 billion, a PE ratio of -10.95 and a beta of 0.91. The company’s 50 day moving average is $17.73 and its two-hundred day moving average is $17.26.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.17%. The ex-dividend date of this dividend is Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -78.48%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HR. Wedbush lifted their price objective on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Scotiabank lifted their price target on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 7th. Finally, Wells Fargo & Company reiterated 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 investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust presently has an average rating of “Hold” and a consensus price target of $17.17.

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.