Trading Report: The Healthcare Realty Trust Inc. (HR) Position Increased by Northwestern Mutual Investment Management Company LLC

The Healthcare Realty Trust Inc. (HR) Position Increased by Northwestern Mutual Investment Management Company LLC

Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Healthcare Realty Trust Inc. (NYSE:HR) by 10.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,476 shares of the real estate investment trust’s stock after buying an additional 1,842 shares during the period. Northwestern Mutual Investment Management Company LLC’s holdings in Healthcare Realty Trust were worth $681,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. BlackRock Japan Co. Ltd increased its stake in Healthcare Realty Trust by 2.0% in the second quarter. BlackRock Japan Co. Ltd now owns 5,482 shares of the real estate investment trust’s stock valued at $192,000 after buying an additional 106 shares in the last quarter. Glenmede Trust Co. NA increased its stake in Healthcare Realty Trust by 9.4% in the second quarter. Glenmede Trust Co. NA now owns 3,283 shares of the real estate investment trust’s stock valued at $114,000 after buying an additional 283 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in Healthcare Realty Trust by 0.4% in the second quarter. Nisa Investment Advisors LLC now owns 74,200 shares of the real estate investment trust’s stock valued at $2,596,000 after buying an additional 300 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Healthcare Realty Trust by 5.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,927 shares of the real estate investment trust’s stock valued at $207,000 after buying an additional 325 shares in the last quarter. Finally, Advantus Capital Management Inc increased its stake in Healthcare Realty Trust by 2.6% in the second quarter. Advantus Capital Management Inc now owns 14,141 shares of the real estate investment trust’s stock valued at $495,000 after buying an additional 363 shares in the last quarter. 99.78% of the stock is owned by institutional investors and hedge funds.

Shares of Healthcare Realty Trust Inc. (NYSE:HR) traded up 0.75% during midday trading on Friday, hitting $29.42. The company had a trading volume of 284,552 shares. Healthcare Realty Trust Inc. has a 1-year low of $26.58 and a 1-year high of $36.60. The firm has a market capitalization of $3.41 billion, a P/E ratio of 60.29 and a beta of 0.40. The stock has a 50 day moving average price of $30.72 and a 200 day moving average price of $33.27.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Wednesday, November 16th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date is Monday, November 14th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently 240.00%.

Several research firms have issued reports on HR. Cantor Fitzgerald restated a “hold” rating on shares of Healthcare Realty Trust in a research report on Friday, September 9th. Zacks Investment Research downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, August 23rd. Wells Fargo & Co. restated a “hold” rating on shares of Healthcare Realty Trust in a research report on Sunday, September 4th. Mizuho increased their target price on Healthcare Realty Trust from $29.00 to $34.00 and gave the stock a “neutral” rating in a research report on Monday, August 8th. Finally, BTIG Research began coverage on Healthcare Realty Trust in a research report on Thursday, August 25th. They set a “neutral” rating on the stock. Eight analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Healthcare Realty Trust has an average rating of “Hold” and a consensus target price of $31.88.

In related news, CEO David R. Emery bought 72,000 shares of the business’s stock in a transaction on Thursday, November 10th. The stock was acquired at an average price of $27.66 per share, with a total value of $1,991,520.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Charles Raymond Fernandez sold 5,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Monday, August 29th. The stock was sold at an average price of $35.06, for a total transaction of $175,300.00. Following the completion of the sale, the director now directly owns 13,583 shares of the company’s stock, valued at approximately $476,219.98. The disclosure for this sale can be found here. 1.65% of the stock is currently owned by company insiders.

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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