Envestnet Asset Management Inc. boosted its stake in Healthcare Realty Trust Inc (NYSE:HR) by 25.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 10,230 shares of the real estate investment trust’s stock after buying an additional 2,073 shares during the period. Envestnet Asset Management Inc.’s holdings in Healthcare Realty Trust were worth $311,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. FMR LLC boosted its position in Healthcare Realty Trust by 21.9% in the fourth quarter. FMR LLC now owns 7,344,921 shares of the real estate investment trust’s stock worth $222,698,000 after buying an additional 1,317,988 shares during the period. BlackRock Fund Advisors boosted its position in Healthcare Realty Trust by 12.9% in the third quarter. BlackRock Fund Advisors now owns 7,027,802 shares of the real estate investment trust’s stock worth $239,367,000 after buying an additional 803,339 shares during the period. BlackRock Institutional Trust Company N.A. boosted its position in Healthcare Realty Trust by 3.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 4,514,734 shares of the real estate investment trust’s stock worth $153,772,000 after buying an additional 163,649 shares during the period. Northern Trust Corp boosted its position in Healthcare Realty Trust by 8.4% in the third quarter. Northern Trust Corp now owns 3,146,511 shares of the real estate investment trust’s stock worth $107,170,000 after buying an additional 244,787 shares during the period. Finally, Morgan Stanley boosted its position in Healthcare Realty Trust by 0.5% in the third quarter. Morgan Stanley now owns 3,037,422 shares of the real estate investment trust’s stock worth $103,454,000 after buying an additional 14,476 shares during the period.
Healthcare Realty Trust Inc (NYSE:HR) traded down 0.44% during midday trading on Friday, reaching $33.82. The company’s stock had a trading volume of 432,748 shares. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 43.47 and a beta of 0.27. Healthcare Realty Trust Inc has a 12 month low of $26.66 and a 12 month high of $36.60. The stock’s 50-day moving average price is $32.16 and its 200-day moving average price is $30.95.
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A number of equities research analysts have recently commented on HR shares. Cantor Fitzgerald raised Healthcare Realty Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, January 31st. Zacks Investment Research raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, March 14th. Finally, BMO Capital Markets raised Healthcare Realty Trust from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $31.00 to $33.00 in a research report on Wednesday, March 15th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $33.40.
In other Healthcare Realty Trust news, Director John Knox Singleton purchased 15,773 shares of the business’s stock in a transaction on Wednesday, March 1st. The stock was purchased at an average price of $31.86 per share, for a total transaction of $502,527.78. Following the completion of the purchase, the director now directly owns 12,498 shares in the company, valued at $398,186.28. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Bruce D. Sullivan sold 3,000 shares of the firm’s stock in a transaction dated Monday, February 27th. The stock was sold at an average price of $32.28, for a total transaction of $96,840.00. The disclosure for this sale can be found here. 1.65% of the stock is currently owned by company insiders.
About Healthcare Realty Trust
Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.
