Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama cut its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 3.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 946,606 shares of the real estate investment trust’s stock after selling 30,989 shares during the quarter. Retirement Systems of Alabama’s holdings in Healthcare Realty Trust were worth $16,045,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Pacer Advisors Inc. raised its stake in shares of Healthcare Realty Trust by 1.1% in the fourth quarter. Pacer Advisors Inc. now owns 70,776 shares of the real estate investment trust’s stock valued at $1,200,000 after acquiring an additional 786 shares in the last quarter. Park Avenue Securities LLC increased its stake in Healthcare Realty Trust by 4.1% in the 4th quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust’s stock valued at $342,000 after buying an additional 793 shares during the period. Signaturefd LLC boosted its holdings in Healthcare Realty Trust by 3.4% in the 3rd quarter. Signaturefd LLC now owns 24,912 shares of the real estate investment trust’s stock valued at $452,000 after purchasing an additional 823 shares in the last quarter. Blue Trust Inc. lifted its holdings in Healthcare Realty Trust by 130.3% in the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 925 shares during the period. Finally, Private Advisor Group LLC increased its holdings in Healthcare Realty Trust by 3.6% in the third quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock valued at $551,000 after buying an additional 1,062 shares in the last quarter.

Healthcare Realty Trust Stock Down 0.3 %

NYSE:HR opened at $16.55 on Friday. The firm has a market capitalization of $5.86 billion, a P/E ratio of -10.47 and a beta of 0.94. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The stock’s fifty day simple moving average is $16.97 and its 200-day simple moving average is $17.49.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of analyst reports. Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price objective for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wedbush cut shares of Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $18.00 to $16.00 in a research report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research note on Friday, December 20th. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $17.00.

Insider Activity at Healthcare Realty Trust

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

Healthcare Realty Trust 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.