Point72 Asia Singapore Pte. Ltd. Buys 36,666 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 222.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,130 shares of the real estate investment trust’s stock after purchasing an additional 36,666 shares during the period. Point72 Asia Singapore Pte. Ltd.’s holdings in Healthcare Realty Trust were worth $964,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in HR. Allspring Global Investments Holdings LLC raised its stake in shares of Healthcare Realty Trust by 38.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 628 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Healthcare Realty Trust by 260.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock worth $50,000 after purchasing an additional 2,030 shares during the period. Point72 Hong Kong Ltd bought a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth $65,000. Harbor Capital Advisors Inc. bought a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth $89,000. Finally, GAMMA Investing LLC raised its stake in shares of Healthcare Realty Trust by 67.2% during the 2nd quarter. GAMMA Investing LLC now owns 5,569 shares of the real estate investment trust’s stock worth $92,000 after purchasing an additional 2,238 shares during the period.

Insider Buying and Selling at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 7,750 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was bought at an average price of $17.39 per share, with a total value 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 ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director John Knox Singleton acquired 6,500 shares of the business’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 acquisition, the director now directly owns 57,082 shares of the company’s stock, valued at $1,041,175.68. This represents a 12.85 % increase in their position. The disclosure for this purchase can be found here. Insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Stock Down 0.9 %

HR stock opened at $18.32 on Monday. The firm has a market capitalization of $6.49 billion, a PE ratio of -11.59 and a beta of 0.91. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90. The stock has a 50-day simple moving average of $17.75 and a two-hundred day simple moving average of $17.35.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Tuesday, November 12th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 6.77%. The ex-dividend date was Tuesday, November 12th. Healthcare Realty Trust’s payout ratio is presently -78.48%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Wells Fargo & Company reissued an “underweight” rating and issued a $17.00 price objective (up previously from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. Scotiabank lifted their price objective on 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, Wedbush lifted their price objective on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. One equities research 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, Healthcare Realty Trust has a consensus rating of “Hold” and an average target price 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.