NewEdge Wealth LLC lowered its stake in Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 35.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,985 shares of the real estate investment trust’s stock after selling 6,530 shares during the quarter. NewEdge Wealth LLC’s holdings in Healthcare Realty Trust were worth $232,000 as of its most recent filing with the SEC.
Other large investors have also modified their holdings of the company. Belpointe Asset Management LLC purchased a new position in Healthcare Realty Trust in the fourth quarter valued at about $32,000. Harbour Investments Inc. acquired a new stake in shares of Healthcare Realty Trust during the 4th quarter worth approximately $39,000. Kalos Management Inc. acquired a new stake in shares of Healthcare Realty Trust during the 1st quarter worth approximately $40,000. Signaturefd LLC raised its position in shares of Healthcare Realty Trust by 199.1% during the 4th quarter. Signaturefd LLC now owns 2,237 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 1,489 shares during the period. Finally, Parallel Advisors LLC increased its position in Healthcare Realty Trust by 155.9% in the 1st quarter. Parallel Advisors LLC now owns 2,347 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 1,430 shares during the period. Institutional investors and hedge funds own 98.54% of the company’s stock.
Healthcare Realty Trust Price Performance
Shares of NYSE HR opened at $18.05 on Monday. The business’s 50-day moving average price is $19.18 and its two-hundred day moving average price is $19.49. Healthcare Realty Trust Incorporated has a one year low of $17.67 and a one year high of $26.95. The company has a market capitalization of $6.87 billion, a P/E ratio of -39.24 and a beta of 0.76.
Healthcare Realty Trust Dividend Announcement
Wall Street Analyst Weigh In
Several analysts recently commented on the company. Barclays lowered their target price on Healthcare Realty Trust from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Friday. Wells Fargo & Company began coverage on Healthcare Realty Trust in a research note on Wednesday, April 19th. They set an “equal weight” rating for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $22.00.
Get Our Latest Report on Healthcare Realty Trust
About Healthcare Realty Trust
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 March 31, 2023, the Company was invested in over 700 real estate properties totaling more than 40 million square feet and provided leasing and property management services to over 35 million square feet nationwide.
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