Centiva Capital LP Raises Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Centiva Capital LP grew its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 340.7% during the third quarter, Holdings Channel reports. The fund owned 188,899 shares of the real estate investment trust’s stock after purchasing an additional 146,033 shares during the period. Centiva Capital LP’s holdings in Healthcare Realty Trust were worth $3,429,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HR. Allspring Global Investments Holdings LLC increased its stake in shares of Healthcare Realty Trust by 38.1% in 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 acquiring an additional 628 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Healthcare Realty Trust by 260.6% in the second 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 position in shares of Healthcare Realty Trust during the third quarter valued at approximately $65,000. Harbor Capital Advisors Inc. purchased a new position in shares of Healthcare Realty Trust during the third quarter valued at approximately $89,000. Finally, GAMMA Investing LLC lifted its holdings 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 purchasing an additional 2,238 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HR. Wells Fargo & Company restated an “underweight” rating and issued a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. Wedbush increased their target price on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Finally, Scotiabank lifted their price target on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 7th. One investment 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, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.17.

Healthcare Realty Trust Trading Down 0.9 %

HR stock opened at $18.32 on Monday. The stock’s 50 day simple moving average is $17.75 and its 200 day simple moving average is $17.35. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The stock has a market capitalization of $6.49 billion, a PE ratio of -11.59 and a beta of 0.91.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders 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 dividend yield of 6.77%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust’s payout ratio is currently -78.48%.

Insider Activity at Healthcare Realty Trust

In related news, Director John Knox Singleton purchased 6,500 shares of Healthcare Realty Trust stock in a transaction dated Thursday, September 5th. The stock was purchased at an average cost of $18.24 per share, for a total transaction 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. The trade was a 12.85 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Thomas N. Bohjalian acquired 7,750 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were bought at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the transaction, 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 disclosure for this purchase can be found here. 0.56% of the stock is currently owned by insiders.

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.