Jay P. Leupp Buys 1,000 Shares of Healthcare Realty Trust Incorporated (NYSE:HR) Stock

Healthcare Realty Trust Incorporated (NYSE:HR) Director Jay P. Leupp acquired 1,000 shares of the stock in a transaction dated Friday, December 20th. The stock was acquired at an average cost of $16.85 per share, with a total value of $16,850.00. Following the transaction, the director now directly owns 33,830 shares in the company, valued at approximately $570,035.50. This represents a 3.05 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Healthcare Realty Trust Stock Up 1.1 %

Healthcare Realty Trust stock opened at $16.88 on Friday. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The stock has a 50-day moving average price of $17.72 and a 200 day moving average price of $17.52. The company has a market capitalization of $5.98 billion, a price-to-earnings ratio of -10.68 and a beta of 0.93.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.35%. The ex-dividend date of this dividend was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -78.48%.

Analysts Set New Price Targets

Several brokerages have weighed in on HR. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday. Wells Fargo & Company reissued an “underweight” rating and set a $17.00 target price (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 and five have issued a hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $17.50.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC grew its position in Healthcare Realty Trust by 38.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 628 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Healthcare Realty Trust by 260.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 2,030 shares during the last quarter. Point72 Hong Kong Ltd acquired a new stake in Healthcare Realty Trust during the third quarter worth about $65,000. Wilmington Savings Fund Society FSB purchased a new position in Healthcare Realty Trust during the third quarter valued at approximately $78,000. Finally, Harbor Capital Advisors Inc. acquired a new position in Healthcare Realty Trust in the third quarter valued at approximately $89,000.

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.