Daiwa Securities Group Inc. Raises Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)
Daiwa Securities Group Inc. grew its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Get Rating) by 13,965.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,954,594 shares of the real estate investment trust’s stock after acquiring an additional 5,912,258 shares during the quarter. Healthcare Realty Trust comprises 1.0% of Daiwa Securities Group Inc.’s portfolio, making the stock its 23rd biggest position. Daiwa Securities Group Inc. owned about 2.60% of Healthcare Realty Trust worth $124,154,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the stock. DekaBank Deutsche Girozentrale lifted its holdings in Healthcare Realty Trust by 421.8% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 205,685 shares of the real estate investment trust’s stock worth $4,161,000 after buying an additional 166,268 shares during the last quarter. Los Angeles Capital Management LLC boosted its stake in shares of Healthcare Realty Trust by 611.1% during the 3rd quarter. Los Angeles Capital Management LLC now owns 220,960 shares of the real estate investment trust’s stock worth $4,607,000 after acquiring an additional 189,886 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Healthcare Realty Trust by 119.8% during the 3rd quarter. Victory Capital Management Inc. now owns 84,437 shares of the real estate investment trust’s stock worth $1,761,000 after acquiring an additional 46,016 shares in the last quarter. Avantax Advisory Services Inc. bought a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth $206,000. Finally, Oregon Public Employees Retirement Fund boosted its stake in shares of Healthcare Realty Trust by 160.6% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 110,887 shares of the real estate investment trust’s stock worth $2,312,000 after acquiring an additional 68,331 shares in the last quarter. Institutional investors and hedge funds own 98.37% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently issued reports on HR. StockNews.com initiated coverage on Healthcare Realty Trust in a research report on Wednesday, October 12th. They set a “sell” rating for the company. JPMorgan Chase & Co. decreased their price objective on Healthcare Realty Trust from $28.00 to $22.00 and set a “neutral” rating on the stock in a report on Friday, December 2nd. Barclays reduced their target price on Healthcare Realty Trust from $33.00 to $28.00 in a report on Thursday, November 10th. Finally, Citigroup cut shares of Healthcare Realty Trust from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $22.50 to $22.00 in a research report on Wednesday, December 14th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $28.00.
Healthcare Realty Trust Trading Down 0.1 %
Shares of HR opened at $20.62 on Tuesday. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 76.48 and a beta of 0.70. The stock has a 50 day moving average of $19.71 and a 200 day moving average of $22.08. Healthcare Realty Trust Incorporated has a 12 month low of $18.16 and a 12 month high of $32.89.
Healthcare Realty Trust Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, November 30th. Shareholders of record on Tuesday, November 15th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, November 14th. This represents a $1.24 annualized dividend and a yield of 6.01%. This is a positive change from Healthcare Realty Trust’s previous quarterly dividend of $0.20. Healthcare Realty Trust’s payout ratio is 459.28%.
Healthcare Realty Trust 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, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to email@example.com.
Before you consider Healthcare Realty Trust, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Healthcare Realty Trust wasn’t on the list.
While Healthcare Realty Trust currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.