Caxton Associates LLP grew its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 25.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 130,781 shares of the real estate investment trust’s stock after buying an additional 26,510 shares during the quarter. Caxton Associates LLP’s holdings in Healthcare Realty Trust were worth $2,222,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in HR. Fifth Third Wealth Advisors LLC boosted its holdings in shares of Healthcare Realty Trust by 4.8% in the first quarter. Fifth Third Wealth Advisors LLC now owns 12,580 shares of the real estate investment trust’s stock valued at $214,000 after acquiring an additional 579 shares in the last quarter. US Bancorp DE boosted its holdings in Healthcare Realty Trust by 5.8% in the 3rd quarter. US Bancorp DE now owns 10,959 shares of the real estate investment trust’s stock valued at $198,000 after purchasing an additional 602 shares in the last quarter. State of Michigan Retirement System increased its position in Healthcare Realty Trust by 1.1% during the 1st quarter. State of Michigan Retirement System now owns 83,953 shares of the real estate investment trust’s stock worth $1,426,000 after purchasing an additional 900 shares during the period. Geneos Wealth Management Inc. increased its position in Healthcare Realty Trust by 4.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 25,337 shares of the real estate investment trust’s stock worth $429,000 after purchasing an additional 1,012 shares during the period. Finally, Comerica Bank raised its stake in shares of Healthcare Realty Trust by 0.5% during the 4th quarter. Comerica Bank now owns 253,503 shares of the real estate investment trust’s stock worth $4,297,000 after buying an additional 1,178 shares in the last quarter.
Healthcare Realty Trust Stock Performance
Shares of NYSE HR opened at $21.44 on Friday. The firm has a market cap of $7.43 billion, a P/E ratio of -36.96 and a beta of 0.98. Healthcare Realty Trust Incorporated has a 1 year low of $15.28 and a 1 year high of $21.57. The firm’s 50 day moving average price is $20.43 and its 200 day moving average price is $18.79.
Healthcare Realty Trust Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Monday, May 11th. Healthcare Realty Trust’s payout ratio is presently -165.52%.
Insider Activity at Healthcare Realty Trust
In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 25,767 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total transaction of $524,873.79. Following the completion of the sale, the chief accounting officer directly owned 109,954 shares in the company, valued at $2,239,762.98. This represents a 18.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.56% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on HR. Cantor Fitzgerald raised their price target on Healthcare Realty Trust from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Monday, May 4th. JPMorgan Chase & Co. upped their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. UBS Group raised their target price on Healthcare Realty Trust from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Scotiabank boosted their target price on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, Raymond James Financial initiated coverage on shares of Healthcare Realty Trust in a research report on Tuesday, June 16th. They set an “outperform” rating and a $24.00 target price on the stock. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Healthcare Realty Trust currently has an average rating of “Hold” and a consensus target price of $21.67.
Read Our Latest Stock Analysis on Healthcare Realty Trust
Healthcare Realty Trust Company Profile
Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.
The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.
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