Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Shell Asset Management Co.

Shell Asset Management Co. reduced its holdings in Healthcare Realty Trust Incorporated (NYSE:HRFree Report) by 5.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 24,628 shares of the real estate investment trust’s stock after selling 1,416 shares during the period. Shell Asset Management Co.’s holdings in Healthcare Realty Trust were worth $376,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of HR. Advisor Group Holdings Inc. lifted its position in shares of Healthcare Realty Trust by 20.7% in the 1st quarter. Advisor Group Holdings Inc. now owns 9,544 shares of the real estate investment trust’s stock worth $263,000 after buying an additional 1,640 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Healthcare Realty Trust by 161.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 20,705 shares of the real estate investment trust’s stock worth $569,000 after acquiring an additional 12,783 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Healthcare Realty Trust by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 54,073 shares of the real estate investment trust’s stock worth $1,486,000 after acquiring an additional 5,156 shares during the period. Great West Life Assurance Co. Can increased its holdings in shares of Healthcare Realty Trust by 5.6% in the 1st quarter. Great West Life Assurance Co. Can now owns 202,034 shares of the real estate investment trust’s stock worth $5,738,000 after acquiring an additional 10,717 shares during the period. Finally, Raymond James Trust N.A. acquired a new stake in shares of Healthcare Realty Trust in the 1st quarter worth about $229,000.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Wells Fargo & Company dropped their price objective on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “equal weight” rating on the stock in a report on Monday, November 13th. BTIG Research raised shares of Healthcare Realty Trust from a “neutral” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Tuesday, October 24th. StockNews.com raised shares of Healthcare Realty Trust to a “sell” rating in a report on Thursday, October 19th. Wedbush reaffirmed an “outperform” rating and issued a $17.00 price objective on shares of Healthcare Realty Trust in a report on Monday, November 6th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Healthcare Realty Trust in a research note on Tuesday, January 30th. They set a “hold” rating and a $18.00 target price on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $18.20.

Check Out Our Latest Stock Analysis on HR

Healthcare Realty Trust Stock Down 0.4 %

Shares of HR opened at $15.51 on Monday. The firm’s 50 day moving average is $16.67 and its 200-day moving average is $16.21. Healthcare Realty Trust Incorporated has a 12-month low of $13.86 and a 12-month high of $21.15.

Insider Transactions at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 4,100 shares of Healthcare Realty Trust stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $17.30, for a total value of $70,930.00. Following the transaction, the executive vice president now owns 116,233 shares of the company’s stock, valued at approximately $2,010,830.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.49% of the company’s stock.

About Healthcare Realty Trust

(Free Report)

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.

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Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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