Armor Investment Advisors LLC Boosts Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Armor Investment Advisors LLC raised its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 5.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 133,189 shares of the real estate investment trust’s stock after purchasing an additional 6,608 shares during the period. Healthcare Realty Trust accounts for about 0.9% of Armor Investment Advisors LLC’s portfolio, making the stock its 27th largest position. Armor Investment Advisors LLC’s holdings in Healthcare Realty Trust were worth $2,258,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Healthcare Realty Trust by 289.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust’s stock worth $26,308,000 after buying an additional 1,153,657 shares during the last quarter. Consolidated Portfolio Review Corp grew its position in shares of Healthcare Realty Trust by 1.5% in the 4th quarter. Consolidated Portfolio Review Corp now owns 55,333 shares of the real estate investment trust’s stock worth $938,000 after buying an additional 808 shares during the last quarter. Money Concepts Capital Corp grew its position in shares of Healthcare Realty Trust by 6.4% in the 4th quarter. Money Concepts Capital Corp now owns 43,981 shares of the real estate investment trust’s stock worth $745,000 after buying an additional 2,647 shares during the last quarter. First Dallas Securities Inc. grew its position in shares of Healthcare Realty Trust by 6.3% in the 4th quarter. First Dallas Securities Inc. now owns 84,250 shares of the real estate investment trust’s stock worth $1,428,000 after buying an additional 5,000 shares during the last quarter. Finally, abrdn plc grew its position in shares of Healthcare Realty Trust by 12.9% in the 4th quarter. abrdn plc now owns 285,564 shares of the real estate investment trust’s stock worth $4,749,000 after buying an additional 32,675 shares during the last quarter.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $16.28 on Tuesday. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $18.90. The company has a 50 day simple moving average of $16.89 and a two-hundred day simple moving average of $17.47.

Insider Buying and Selling at Healthcare Realty Trust

In other news, Director Peter F. Sr Lyle, Sr. bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average cost of $17.21 per share, for a total transaction of $172,100.00. Following the purchase, the director now directly owns 26,576 shares in the company, valued at approximately $457,372.96. This trade represents a 60.33 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas N. Bohjalian bought 7,750 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was purchased at an average price of $17.39 per share, with a total value of $134,772.50. Following the completion of the purchase, the director now owns 50,002 shares in the company, valued at approximately $869,534.78. This trade represents a 18.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 18,750 shares of company stock worth $323,723. Company insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on HR. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price objective for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. JPMorgan Chase & Co. downgraded 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 report on Friday, December 20th. Finally, Wedbush downgraded shares of Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $18.00 to $16.00 in a research report on Thursday, January 2nd. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $17.00.

Healthcare Realty Trust Company 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.