Meeder Asset Management Inc. Grows Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Meeder Asset Management Inc. lifted its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 5,473.8% during the third quarter, HoldingsChannel.com reports. The fund owned 14,492 shares of the real estate investment trust’s stock after buying an additional 14,232 shares during the quarter. Meeder Asset Management Inc.’s holdings in Healthcare Realty Trust were worth $263,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of HR. Pathstone Holdings LLC raised its holdings in shares of Healthcare Realty Trust by 12.5% in the third quarter. Pathstone Holdings LLC now owns 159,193 shares of the real estate investment trust’s stock valued at $2,889,000 after acquiring an additional 17,717 shares in the last quarter. Fortis Advisors LLC increased its position in Healthcare Realty Trust by 60.9% during the 3rd quarter. Fortis Advisors LLC now owns 30,200 shares of the real estate investment trust’s stock valued at $548,000 after purchasing an additional 11,428 shares during the period. Quest Partners LLC raised its holdings in shares of Healthcare Realty Trust by 2,471.4% in the 3rd quarter. Quest Partners LLC now owns 221,348 shares of the real estate investment trust’s stock valued at $4,017,000 after purchasing an additional 212,740 shares in the last quarter. Metis Global Partners LLC lifted its position in shares of Healthcare Realty Trust by 25.0% in the 3rd quarter. Metis Global Partners LLC now owns 37,375 shares of the real estate investment trust’s stock worth $678,000 after purchasing an additional 7,472 shares during the period. Finally, KBC Group NV boosted its stake in shares of Healthcare Realty Trust by 16.5% during the third quarter. KBC Group NV now owns 11,451 shares of the real estate investment trust’s stock valued at $208,000 after purchasing an additional 1,625 shares in the last quarter.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock opened at $17.66 on Wednesday. The business has a fifty day moving average price of $17.79 and a 200-day moving average price of $17.22. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The stock has a market capitalization of $6.26 billion, a price-to-earnings ratio of -11.18 and a beta of 0.91.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be issued a dividend of $0.31 per share. The ex-dividend date is Tuesday, November 12th. This represents a $1.24 annualized dividend and a dividend yield of 7.02%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -78.48%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Wells Fargo & Company reissued an “underweight” rating and issued a $17.00 price objective (up previously from $16.00) on shares of Healthcare Realty Trust in a research note on Tuesday, October 1st. Wedbush upped their price objective on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Finally, Scotiabank lifted their target price on Healthcare Realty Trust from $17.00 to $18.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.17.

Insider Activity at Healthcare Realty Trust

In other news, Director John Knox Singleton bought 6,500 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were purchased at an average cost of $18.24 per share, with a total value of $118,560.00. Following the transaction, the director now directly owns 57,082 shares in the company, valued at approximately $1,041,175.68. The trade was a 12.85 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.56% of the stock is currently owned by insiders.

Healthcare Realty Trust Profile

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.