Canvas Wealth Advisors LLC Has $186,000 Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Canvas Wealth Advisors LLC decreased its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 8.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,000 shares of the real estate investment trust’s stock after selling 1,000 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in Healthcare Realty Trust were worth $186,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Blue Trust Inc. boosted its stake in Healthcare Realty Trust by 130.3% in the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 925 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in Healthcare Realty Trust in the third quarter worth $65,000. Wilmington Savings Fund Society FSB acquired a new position in Healthcare Realty Trust in the third quarter worth $78,000. Harbor Capital Advisors Inc. acquired a new position in Healthcare Realty Trust in the third quarter worth $89,000. Finally, Trust Point Inc. acquired a new position in Healthcare Realty Trust in the third quarter worth $182,000.

Insider Activity at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian acquired 7,750 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was acquired at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the completion of the acquisition, the director now owns 50,002 shares of the company’s stock, valued at $869,534.78. This trade represents a 18.34 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was bought at an average price of $17.21 per share, with a total value of $172,100.00. Following the acquisition, the director now directly owns 26,576 shares of the company’s stock, valued at $457,372.96. The trade was a 60.33 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 18,750 shares of company stock worth $323,723. 0.56% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have commented on HR. Wedbush lowered Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $18.00 to $16.00 in a research note on Thursday, January 2nd. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a research report on Friday, December 20th. Finally, Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their target price for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Stock Down 1.7 %

HR stock opened at $16.28 on Tuesday. The company has a market cap of $5.77 billion, a P/E ratio of -10.30 and a beta of 0.94. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90. The business has a fifty day moving average of $16.89 and a 200-day moving average of $17.47.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.