Healthcare Realty Trust Incorporated (NYSE:HR) Director Jay P. Leupp Purchases 1,000 Shares

Healthcare Realty Trust Incorporated (NYSE:HR) Director Jay P. Leupp bought 1,000 shares of the firm’s stock in a transaction on Friday, December 20th. The shares were bought at an average cost of $16.85 per share, with a total value of $16,850.00. Following the transaction, the director now directly owns 33,830 shares of the company’s stock, valued at approximately $570,035.50. This trade represents a 3.05 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Healthcare Realty Trust Price Performance

NYSE:HR opened at $16.88 on Monday. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90. The company has a fifty day moving average price of $17.72 and a 200 day moving average price of $17.53. The stock has a market cap of $5.98 billion, a P/E ratio of -10.68 and a beta of 0.93.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio is currently -78.48%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HR. Wells Fargo & Company reaffirmed an “underweight” rating and set a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a report on Tuesday, October 1st. JPMorgan Chase & Co. cut shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $17.50.

Institutional Investors Weigh In On Healthcare Realty Trust

A number of institutional investors have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its holdings in 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 valued at $38,000 after acquiring an additional 628 shares in the last quarter. Signaturefd LLC raised its stake in shares of Healthcare Realty Trust by 3.4% in the third quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust’s stock valued at $452,000 after purchasing an additional 823 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Healthcare Realty Trust by 1.1% in the second quarter. Victory Capital Management Inc. now owns 81,598 shares of the real estate investment trust’s stock valued at $1,345,000 after purchasing an additional 848 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in Healthcare Realty Trust by 1.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust’s stock worth $1,098,000 after purchasing an additional 929 shares during the period. Finally, Private Advisor Group LLC boosted its stake in Healthcare Realty Trust by 3.6% during the third quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock worth $551,000 after buying an additional 1,062 shares in the last quarter.

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.