Penserra Capital Management LLC Has $1.42 Million Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Penserra Capital Management LLC lifted its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 22.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,113 shares of the real estate investment trust’s stock after acquiring an additional 14,570 shares during the period. Penserra Capital Management LLC’s holdings in Healthcare Realty Trust were worth $1,417,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its stake in Healthcare Realty Trust by 2.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,782,253 shares of the real estate investment trust’s stock valued at $81,820,000 after acquiring an additional 158,342 shares during the period. Bayesian Capital Management LP acquired a new stake in shares of Healthcare Realty Trust during the 1st quarter worth approximately $301,000. Tidal Investments LLC bought a new stake in shares of Healthcare Realty Trust during the first quarter valued at approximately $1,360,000. Coppell Advisory Solutions Corp. acquired a new position in shares of Healthcare Realty Trust in the first quarter valued at $211,000. Finally, Comerica Bank lifted its position in Healthcare Realty Trust by 39.4% in the first quarter. Comerica Bank now owns 251,393 shares of the real estate investment trust’s stock worth $3,557,000 after purchasing an additional 71,057 shares during the period.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on HR. Scotiabank boosted their price target on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the company a “sector perform” rating in a report on Wednesday, August 7th. Wells Fargo & Company reissued an “underweight” rating and issued a $17.00 target price (up previously from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. Finally, Wedbush increased their price target 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. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and an average price target of $17.17.

Insider Buying and Selling

In related news, Director John Knox Singleton purchased 6,500 shares of the firm’s stock in a transaction dated Thursday, September 5th. The shares were acquired at an average cost of $18.24 per share, with a total value 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 $1,041,175.68. This trade represents a 12.85 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas N. Bohjalian acquired 7,750 shares of Healthcare Realty Trust stock in a transaction on Friday, November 22nd. The shares were purchased at an average cost of $17.39 per share, for a total transaction of $134,772.50. Following the acquisition, the director now owns 50,002 shares in the company, valued at approximately $869,534.78. This represents a 18.34 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired a total of 14,478 shares of company stock worth $257,332 in the last three months. Insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Stock Up 5.4 %

Shares of Healthcare Realty Trust stock opened at $18.53 on Wednesday. The stock has a market capitalization of $6.57 billion, a P/E ratio of -11.73 and a beta of 0.91. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The company has a 50-day simple moving average of $17.71 and a 200 day simple moving average of $17.29.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 6.69%. The ex-dividend date of this dividend is Tuesday, November 12th. Healthcare Realty Trust’s payout ratio 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.