Robert E. Hull Sells 10,000 Shares of Healthcare Realty Trust Incorporated (NYSE:HR) Stock

Healthcare Realty Trust Incorporated (NYSE:HR) COO Robert E. Hull sold 10,000 shares of the firm’s stock in a transaction on 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 owns 171,400 shares of the company’s stock, valued at $2,996,072. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Healthcare Realty Trust Trading Up 1.0 %

NYSE:HR traded up $0.17 during mid-day trading on Tuesday, reaching $17.50. The company’s stock had a trading volume of 2,318,092 shares, compared to its average volume of 3,472,286. The firm’s fifty day moving average price is $17.74 and its two-hundred day moving average price is $17.53. The stock has a market cap of $6.20 billion, a P/E ratio of -11.08 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.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.09%. The ex-dividend date was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio is currently -78.48%.

Institutional Investors Weigh In On Healthcare Realty Trust

Hedge funds have recently added to or reduced their stakes in the stock. Pzena Investment Management LLC purchased a new stake in Healthcare Realty Trust during the third quarter valued at approximately $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Healthcare Realty Trust by 358.2% during the 3rd 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 buying an additional 1,674,583 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Healthcare Realty Trust during the 2nd quarter valued at approximately $10,304,000. Candriam S.C.A. bought a new position in shares of Healthcare Realty Trust during the 2nd quarter valued at approximately $8,911,000. Finally, Millennium Management LLC increased its holdings in Healthcare Realty Trust by 1,003.2% in the 2nd quarter. Millennium Management LLC now owns 435,977 shares of the real estate investment trust’s stock worth $7,185,000 after acquiring an additional 396,456 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company reissued an “underweight” rating and set a $17.00 price objective (up 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 assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target 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.