Healthcare Realty Trust Incorporated (NYSE:HR) Director Peter F. Sr Lyle, Sr. Acquires 10,000 Shares of Stock

Healthcare Realty Trust Incorporated (NYSE:HR) Director Peter F. Sr Lyle, Sr. bought 10,000 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were bought at an average cost of $17.21 per share, for a total transaction of $172,100.00. Following the purchase, the director now owns 26,576 shares of the company’s stock, valued at approximately $457,372.96. The trade was a 60.33 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $17.34 on Tuesday. The firm has a 50 day moving average price of $17.73 and a two-hundred day moving average price of $17.52. The stock has a market cap of $6.15 billion, a P/E ratio of -10.97 and a beta of 0.93. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $18.90.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Tuesday, November 12th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 7.15%. The ex-dividend date was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio is currently -78.48%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in shares of Healthcare Realty Trust by 7.2% in the second quarter. Dimensional Fund Advisors LP now owns 5,856,286 shares of the real estate investment trust’s stock valued at $96,513,000 after buying an additional 395,243 shares during the period. Thrivent Financial for Lutherans increased its position in Healthcare Realty Trust by 6.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust’s stock valued at $78,843,000 after purchasing an additional 301,747 shares during the period. Bank of New York Mellon Corp raised its holdings in Healthcare Realty Trust by 5.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 4,492,116 shares of the real estate investment trust’s stock worth $74,030,000 after purchasing an additional 216,662 shares during the last quarter. Sei Investments Co. lifted its position in shares of Healthcare Realty Trust by 4.6% in the 2nd quarter. Sei Investments Co. now owns 2,367,735 shares of the real estate investment trust’s stock worth $39,020,000 after purchasing an additional 103,259 shares during the period. Finally, Pzena Investment Management LLC bought a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at $40,392,000.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company restated an “underweight” rating and set a $17.00 price objective (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust has an average rating of “Hold” and a consensus target price of $17.17.

About Healthcare Realty Trust

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.