Liberty One Investment Management LLC Purchases 18,185 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Liberty One Investment Management LLC grew its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 258,579 shares of the real estate investment trust’s stock after purchasing an additional 18,185 shares during the quarter. Liberty One Investment Management LLC owned approximately 0.07% of Healthcare Realty Trust worth $4,383,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in Healthcare Realty Trust by 24.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,026,566 shares of the real estate investment trust’s stock valued at $16,918,000 after acquiring an additional 198,874 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in 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. Renaissance Technologies LLC bought a new position in shares of Healthcare Realty Trust during the 2nd quarter worth approximately $10,304,000. Vanguard Personalized Indexing Management LLC increased its stake in shares of Healthcare Realty Trust by 1.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 66,654 shares of the real estate investment trust’s stock valued at $1,098,000 after acquiring an additional 929 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in Healthcare Realty Trust by 4.6% during the second quarter. Sei Investments Co. now owns 2,367,735 shares of the real estate investment trust’s stock worth $39,020,000 after acquiring an additional 103,259 shares in the last quarter.

Analysts Set New Price Targets

Several analysts have recently commented on HR shares. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their target price for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wells Fargo & Company restated an “underweight” rating and set a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a research report on Friday, December 20th. Finally, Wedbush downgraded Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and cut their price target for the company from $18.00 to $16.00 in a research note on Thursday, January 2nd. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $17.14.

Healthcare Realty Trust Stock Performance

Healthcare Realty Trust stock opened at $16.49 on Friday. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90. The firm’s 50-day simple moving average is $17.26 and its 200 day simple moving average is $17.56.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced 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 7.52%. The ex-dividend date was Tuesday, November 12th. Healthcare Realty Trust’s dividend payout ratio is presently -78.48%.

Insider Activity

In other Healthcare Realty Trust news, COO Robert E. Hull sold 10,000 shares of Healthcare Realty Trust stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total value of $174,800.00. Following the sale, the chief operating officer now owns 171,400 shares of the company’s stock, valued at approximately $2,996,072. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Thomas N. Bohjalian bought 7,750 shares of Healthcare Realty Trust stock in a transaction dated Friday, November 22nd. The shares were bought at an average cost of $17.39 per share, with a total value of $134,772.50. Following the completion of the transaction, the director now directly owns 50,002 shares in the company, valued at approximately $869,534.78. This trade represents a 18.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 18,750 shares of company stock valued at $323,723 over the last three months. Corporate insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Profile

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.