Raymond James Financial Services Advisors Inc. Increases Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Raymond James Financial Services Advisors Inc. boosted its holdings in Healthcare Realty Trust Incorporated (NYSE:HRGet Rating) by 173.9% in the 3rd quarter, Holdings Channel reports. The firm owned 34,240 shares of the real estate investment trust’s stock after purchasing an additional 21,739 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Healthcare Realty Trust were worth $714,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of the business. Invesco Ltd. increased its holdings in shares of Healthcare Realty Trust by 479.6% in the first quarter. Invesco Ltd. now owns 5,767,849 shares of the real estate investment trust’s stock valued at $158,500,000 after purchasing an additional 4,772,676 shares during the period. Thrivent Financial for Lutherans raised its position in Healthcare Realty Trust by 686.1% during the 2nd quarter. Thrivent Financial for Lutherans now owns 3,504,468 shares of the real estate investment trust’s stock worth $95,322,000 after buying an additional 3,058,676 shares during the last quarter. Deutsche Bank AG lifted its stake in shares of Healthcare Realty Trust by 2,087.8% in the 2nd quarter. Deutsche Bank AG now owns 2,585,559 shares of the real estate investment trust’s stock worth $70,328,000 after acquiring an additional 2,467,377 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of Healthcare Realty Trust by 973.2% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,918,276 shares of the real estate investment trust’s stock valued at $39,996,000 after acquiring an additional 1,739,536 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Healthcare Realty Trust by 787.9% in the second quarter. Russell Investments Group Ltd. now owns 1,164,140 shares of the real estate investment trust’s stock valued at $31,735,000 after acquiring an additional 1,033,030 shares in the last quarter. Institutional investors and hedge funds own 98.37% of the company’s stock.

Healthcare Realty Trust Stock Up 2.2 %

NYSE:HR opened at $21.60 on Tuesday. Healthcare Realty Trust Incorporated has a 52-week low of $18.16 and a 52-week high of $32.89. The stock has a fifty day simple moving average of $19.83 and a 200-day simple moving average of $21.87. The company has a market capitalization of $8.22 billion, a PE ratio of 80.00 and a beta of 0.70.

Healthcare Realty Trust Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 30th. Stockholders of record on Tuesday, November 15th were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, November 14th. This is a positive change from Healthcare Realty Trust’s previous quarterly dividend of $0.20. This represents a $1.24 annualized dividend and a dividend yield of 5.74%. Healthcare Realty Trust’s dividend payout ratio is currently 459.28%.

Analyst Ratings Changes

HR has been the subject of several analyst reports. Barclays cut their price target on shares of Healthcare Realty Trust from $33.00 to $28.00 in a report on Thursday, November 10th. Citigroup cut Healthcare Realty Trust from a “buy” rating to a “neutral” rating and reduced their price target for the company from $22.50 to $22.00 in a report on Wednesday, December 14th. StockNews.com assumed coverage on Healthcare Realty Trust in a report on Wednesday, October 12th. They set a “sell” rating on the stock. Finally, JPMorgan Chase & Co. reduced their target price on Healthcare Realty Trust from $28.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, December 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $28.00.

Healthcare Realty Trust Company Profile

(Get Rating)

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded in 1992 and is headquartered in Nashville, TN.

Further Reading

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Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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