Today, World Asset Management Inc Buys 7,546 Shares of Healthcare Realty Trust Inc. (HR)

Today, World Asset Management Inc Buys 7,546  Shares of Healthcare Realty Trust Inc. (HR)

World Asset Management Inc acquired a new stake in shares of Healthcare Realty Trust Inc. (NYSE:HR) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 7,546 shares of the real estate investment trust’s stock, valued at approximately $257,000.

Other hedge funds have also added to or reduced their stakes in the company. Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Healthcare Realty Trust by 8.6% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 82,900 shares of the real estate investment trust’s stock worth $2,824,000 after buying an additional 6,589 shares during the period. Chicago Equity Partners LLC purchased a new position in shares of Healthcare Realty Trust during the third quarter worth $1,556,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Healthcare Realty Trust by 11.8% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 18,859 shares of the real estate investment trust’s stock worth $642,000 after buying an additional 1,984 shares during the period. Texas Permanent School Fund raised its position in shares of Healthcare Realty Trust by 2.5% in the third quarter. Texas Permanent School Fund now owns 88,263 shares of the real estate investment trust’s stock worth $3,006,000 after buying an additional 2,121 shares during the period. Finally, Strs Ohio raised its position in shares of Healthcare Realty Trust by 8.3% in the third quarter. Strs Ohio now owns 207,899 shares of the real estate investment trust’s stock worth $7,081,000 after buying an additional 16,015 shares during the period. Hedge funds and other institutional investors own 99.78% of the company’s stock.

Healthcare Realty Trust Inc. (NYSE:HR) traded up 0.75% during trading on Friday, reaching $29.42. The company’s stock had a trading volume of 284,552 shares. The company has a market cap of $3.41 billion, a price-to-earnings 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’s 50 day moving average is $30.72 and its 200 day moving average is $33.27.

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

A number of equities analysts have recently weighed in on HR shares. Cantor Fitzgerald reiterated a “hold” rating on shares of Healthcare Realty Trust in a research note on Friday, September 9th. Zacks Investment Research lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Monday, September 12th. BTIG Research started coverage on Healthcare Realty Trust in a research note on Thursday, August 25th. They set a “neutral” rating on the stock. JMP Securities upgraded Healthcare Realty Trust from an “underperform” rating to a “market perform” rating in a research note on Friday, November 4th. They noted that the move was a valuation call. Finally, RBC Capital Markets reiterated a “hold” rating on shares of Healthcare Realty Trust in a research note on Monday, August 22nd. Eight research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Healthcare Realty Trust currently has an average rating of “Hold” and a consensus price target of $31.88.

In other Healthcare Realty Trust news, CEO David R. Emery bought 68,000 shares of the business’s stock in a transaction dated Wednesday, November 9th. The shares were purchased at an average price of $28.84 per share, for a total transaction of $1,961,120.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO David R. Emery bought 72,000 shares of the business’s stock in a transaction dated Thursday, November 10th. The stock was acquired at an average price of $27.66 per share, for a total transaction of $1,991,520.00. The disclosure for this purchase can be found here. Company insiders own 1.65% of the company’s stock.

Healthcare Realty Trust Company Profile

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.

Related posts

Leave a Comment