US Bancorp DE Grows Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

US Bancorp DE grew its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 15.1% during the third quarter, HoldingsChannel.com reports. The firm owned 18,899 shares of the real estate investment trust’s stock after acquiring an additional 2,475 shares during the quarter. US Bancorp DE’s holdings in Healthcare Realty Trust were worth $343,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its stake in shares of Healthcare Realty Trust by 38.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 628 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Healthcare Realty Trust by 260.6% during the second quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 2,030 shares during the period. GAMMA Investing LLC increased its stake in shares of Healthcare Realty Trust by 67.2% during the second quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust’s stock valued at $92,000 after buying an additional 2,238 shares during the period. Virtu Financial LLC purchased a new position in shares of Healthcare Realty Trust during the first quarter valued at $152,000. Finally, MQS Management LLC purchased a new position in shares of Healthcare Realty Trust during the first quarter valued at $172,000.

Wall Street Analysts Forecast Growth

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

Insider Activity

In other news, Director John Knox Singleton acquired 6,500 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were purchased 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 of the company’s stock, valued at $1,041,175.68. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Price Performance

Shares of NYSE:HR opened at $17.55 on Wednesday. The business’s 50 day moving average price is $17.84 and its 200-day moving average price is $17.12. The firm has a market capitalization of $6.22 billion, a PE ratio of -11.11 and a beta of 0.91. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.07%. The ex-dividend date is Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -78.48%.

About Healthcare Realty Trust

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.