State Board of Administration of Florida Retirement System increased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Get Rating) by 10.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 289,929 shares of the real estate investment trust’s stock after purchasing an additional 26,620 shares during the quarter. State Board of Administration of Florida Retirement System owned approximately 0.08% of Healthcare Realty Trust worth $5,587,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Healthcare Realty Trust by 143.7% during the third quarter. Vanguard Group Inc. now owns 54,590,406 shares of the real estate investment trust’s stock worth $1,138,210,000 after purchasing an additional 32,188,292 shares during the last quarter. BlackRock Inc. lifted its stake in Healthcare Realty Trust by 100.9% during the third quarter. BlackRock Inc. now owns 43,770,019 shares of the real estate investment trust’s stock worth $912,603,000 after purchasing an additional 21,986,388 shares during the last quarter. Cohen & Steers Inc. purchased a new stake in Healthcare Realty Trust in the third quarter valued at approximately $737,656,000. State Street Corp lifted its stake in Healthcare Realty Trust by 146.6% in the third quarter. State Street Corp now owns 22,060,235 shares of the real estate investment trust’s stock valued at $459,956,000 after buying an additional 13,113,673 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its stake in Healthcare Realty Trust by 94.0% in the fourth quarter. Daiwa Securities Group Inc. now owns 11,549,984 shares of the real estate investment trust’s stock valued at $222,568,000 after buying an additional 5,595,390 shares during the last quarter. Hedge funds and other institutional investors own 98.37% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Wells Fargo & Company assumed coverage on Healthcare Realty Trust in a research note on Wednesday, April 19th. They issued an “equal weight” rating for the company. Barclays boosted their price objective on Healthcare Realty Trust from $24.00 to $25.00 in a research note on Thursday. TheStreet cut Healthcare Realty Trust from a “c” rating to a “d+” rating in a research note on Wednesday, March 1st. Finally, Credit Suisse Group cut Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $23.00 to $20.00 in a research note on Monday, March 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Healthcare Realty Trust presently has an average rating of “Hold” and a consensus target price of $25.71.
Healthcare Realty Trust Price Performance
Healthcare Realty Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 2nd. Investors of record on Tuesday, May 16th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 6.21%. The ex-dividend date of this dividend is Monday, May 15th. Healthcare Realty Trust’s dividend payout ratio is presently 1,127.27%.
Insider Buying and Selling
In other Healthcare Realty Trust news, Director James Joseph Iv Kilroy acquired 2,400 shares of the company’s stock in a transaction that occurred on Wednesday, March 8th. The shares were purchased at an average price of $19.02 per share, with a total value of $45,648.00. Following the completion of the acquisition, the director now directly owns 26,601 shares of the company’s stock, valued at approximately $505,951.02. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.92% of the stock is currently owned by corporate insiders.
Healthcare Realty Trust Company Profile
Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.
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