Healthcare Realty Trust Inc (NYSE:HR) Director John Knox Singleton sold 13,593 shares of the firm’s stock in a transaction dated Wednesday, December 12th. The stock was sold at an average price of $30.18, for a total value of $410,236.74. Following the completion of the sale, the director now directly owns 11,673 shares of the company’s stock, valued at approximately $352,291.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
John Knox Singleton also recently made the following trade(s):
- On Wednesday, November 21st, John Knox Singleton sold 12,048 shares of Healthcare Realty Trust stock. The stock was sold at an average price of $29.91, for a total value of $360,355.68.
Healthcare Realty Trust stock opened at $30.27 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.14 and a quick ratio of 0.14. Healthcare Realty Trust Inc has a 52 week low of $26.09 and a 52 week high of $33.98. The stock has a market cap of $3.79 billion, a P/E ratio of 19.28, a PEG ratio of 4.79 and a beta of 0.26.
The company also recently announced a quarterly dividend, which was paid on Friday, November 30th. Investors of record on Thursday, November 15th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date was Wednesday, November 14th. Healthcare Realty Trust’s dividend payout ratio (DPR) is 78.43%.
Several brokerages have weighed in on HR. Zacks Investment Research raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Monday, December 3rd. Wells Fargo & Co downgraded Healthcare Realty Trust from an “outperform” rating to a “market perform” rating in a report on Tuesday, December 11th. Mizuho raised Healthcare Realty Trust from a “neutral” rating to a “buy” rating and set a $32.00 target price for the company in a report on Tuesday, November 13th. Finally, Raymond James initiated coverage on Healthcare Realty Trust in a report on Thursday, October 18th. They set an “underperform” rating for the company. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $30.43.
Several institutional investors have recently added to or reduced their stakes in the stock. Bank of Montreal Can purchased a new position in Healthcare Realty Trust during the second quarter valued at approximately $242,000. Aperio Group LLC raised its position in Healthcare Realty Trust by 60.9% during the second quarter. Aperio Group LLC now owns 42,929 shares of the real estate investment trust’s stock valued at $1,248,000 after acquiring an additional 16,255 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new position in Healthcare Realty Trust during the second quarter valued at approximately $649,000. Sumitomo Mitsui Trust Holdings Inc. raised its position in Healthcare Realty Trust by 7.6% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 129,555 shares of the real estate investment trust’s stock valued at $3,767,000 after acquiring an additional 9,195 shares in the last quarter. Finally, Virginia Retirement Systems ET AL raised its position in Healthcare Realty Trust by 66.4% during the second quarter. Virginia Retirement Systems ET AL now owns 21,800 shares of the real estate investment trust’s stock valued at $634,000 after acquiring an additional 8,700 shares in the last quarter. 96.49% of the stock is owned by hedge funds and other institutional investors.
Healthcare Realty Trust Company Profile
Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of September 30, 2018, the Company owned 201 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $5.0 billion.
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