Bayesian Capital Management LP Makes New $301,000 Investment in Healthcare Realty Trust Incorporated (NYSE:HR)

Bayesian Capital Management LP purchased a new position in Healthcare Realty Trust Incorporated (NYSE:HR) during the first quarter, HoldingsChannel.com reports. The fund purchased 21,300 shares of the real estate investment trust’s stock, valued at approximately $301,000.

A number of other large investors have also added to or reduced their stakes in the company. Canada Pension Plan Investment Board lifted its position in shares of Healthcare Realty Trust by 52.3% in the 1st quarter. Canada Pension Plan Investment Board now owns 10,942,261 shares of the real estate investment trust’s stock worth $154,833,000 after purchasing an additional 3,758,040 shares during the period. Norges Bank purchased a new stake in shares of Healthcare Realty Trust in the 4th quarter worth about $59,352,000. Waterfront Capital Partners LLC purchased a new stake in shares of Healthcare Realty Trust in the 4th quarter worth about $51,775,000. APG Asset Management US Inc. lifted its position in shares of Healthcare Realty Trust by 12.0% in the 4th quarter. APG Asset Management US Inc. now owns 12,566,887 shares of the real estate investment trust’s stock worth $216,527,000 after purchasing an additional 1,348,529 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Healthcare Realty Trust by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust’s stock worth $767,585,000 after purchasing an additional 723,197 shares during the period.

Healthcare Realty Trust Stock Down 0.2 %

Shares of Healthcare Realty Trust stock opened at $17.69 on Thursday. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $19.92. The company has a 50-day simple moving average of $16.76 and a two-hundred day simple moving average of $15.44.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Monday, August 12th. This represents a $1.24 annualized dividend and a yield of 7.01%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -93.23%.

Wall Street Analysts Forecast Growth

HR has been the subject of a number of recent research reports. Scotiabank lifted their price target on shares of Healthcare Realty Trust from $16.00 to $17.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 9th. Wells Fargo & Company cut shares of Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and lowered their price target for the company from $17.00 to $16.00 in a research report on Tuesday. Finally, Wedbush lifted their price target on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Wednesday, May 8th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $17.40.

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.