Today, Healthcare Realty Trust Inc. (HR) Stake Maintained by Honeywell International Inc.

Today, Healthcare Realty Trust Inc. (HR) Stake Maintained by Honeywell International Inc.
Honeywell International Inc. maintained its position in Healthcare Realty Trust Inc. (NYSE:HR) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 73,868 shares of the real estate investment trust’s stock at the end of the third quarter. Honeywell International Inc. owned 0.06% of Healthcare Realty Trust worth $2,516,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC increased its stake in Healthcare Realty Trust by 2.7% in the first quarter. Geode Capital Management LLC now owns 815,281 shares of the real estate investment trust’s stock worth $25,184,000 after buying an additional 21,340 shares during the period. Duff & Phelps Investment Management Co. acquired a new stake in Healthcare Realty Trust during the second quarter worth about $35,011,000. Aberdeen Asset Management PLC UK increased its stake in Healthcare Realty Trust by 48.9% in the second quarter. Aberdeen Asset Management PLC UK now owns 566,943 shares of the real estate investment trust’s stock worth $19,837,000 after buying an additional 186,299 shares during the period. PGGM Investments increased its stake in Healthcare Realty Trust by 9.3% in the second quarter. PGGM Investments now owns 2,773,000 shares of the real estate investment trust’s stock worth $97,027,000 after buying an additional 234,930 shares during the period. Finally, Prudential Financial Inc. increased its stake in Healthcare Realty Trust by 21.2% in the second quarter. Prudential Financial Inc. now owns 1,817,137 shares of the real estate investment trust’s stock worth $63,582,000 after buying an additional 317,510 shares during the period. 99.78% of the stock is owned by institutional investors.

Shares of Healthcare Realty Trust Inc. (NYSE:HR) traded up 0.75% during trading on Friday, reaching $29.42. The company had a trading volume of 284,552 shares. The firm has a market capitalization of $3.41 billion, a PE ratio of 60.29 and a beta of 0.40. Healthcare Realty Trust Inc. has a 12 month low of $26.58 and a 12 month high of $36.60. The stock has a 50 day moving average price of $30.72 and a 200 day moving average price of $33.27.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Wednesday, November 16th will be issued a dividend of $0.30 per share. The ex-dividend date is Monday, November 14th. This represents a $1.20 annualized dividend and a dividend yield of 4.08%. Healthcare Realty Trust’s dividend payout ratio is 240.00%.

Several analysts have issued reports on the stock. Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 18th. Cantor Fitzgerald raised shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating and lowered their price objective for the company from $37.00 to $35.00 in a research report on Monday, November 14th. They noted that the move was a valuation call. JMP Securities raised shares of Healthcare Realty Trust from an “underperform” rating to a “market perform” rating in a research report on Friday, November 4th. They noted that the move was a valuation call. Wells Fargo & Co. reaffirmed a “hold” rating on shares of Healthcare Realty Trust in a research report on Sunday, September 4th. Finally, BTIG Research assumed coverage on shares of Healthcare Realty Trust in a research report on Thursday, August 25th. They issued a “neutral” rating for the company. Eight analysts have rated the stock with a hold rating and three have given a buy rating to the company. Healthcare Realty Trust presently has an average rating of “Hold” and a consensus price target of $31.88.

In related news, Director Charles Raymond Fernandez sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 29th. The stock was sold at an average price of $35.06, for a total value of $175,300.00. Following the transaction, the director now directly owns 13,583 shares of the company’s stock, valued at approximately $476,219.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David R. Emery acquired 68,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 9th. The stock was bought at an average cost of $28.84 per share, for a total transaction of $1,961,120.00. The disclosure for this purchase can be found here. Insiders own 1.65% of the company’s stock.

About Healthcare Realty Trust

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust (REIT). The Company owns, acquires, manages, finances and develops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States. It provides property management services for approximately 140 healthcare-related properties, totaling over 9.8 million square feet.

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