Canvas Wealth Advisors LLC Sells 1,000 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Canvas Wealth Advisors LLC trimmed its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 8.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,000 shares of the real estate investment trust’s stock after selling 1,000 shares during the period. Canvas Wealth Advisors LLC’s holdings in Healthcare Realty Trust were worth $186,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in HR. CWM LLC raised its stake in shares of Healthcare Realty Trust by 27.4% in the 3rd quarter. CWM LLC now owns 23,068 shares of the real estate investment trust’s stock valued at $419,000 after acquiring an additional 4,965 shares in the last quarter. Creative Planning increased its position in Healthcare Realty Trust by 23.4% in the 3rd quarter. Creative Planning now owns 126,633 shares of the real estate investment trust’s stock worth $2,298,000 after buying an additional 23,981 shares during the period. Presima Securities ULC increased its position in Healthcare Realty Trust by 0.9% in the 3rd quarter. Presima Securities ULC now owns 120,098 shares of the real estate investment trust’s stock worth $2,180,000 after buying an additional 1,100 shares during the period. Trust Point Inc. bought a new position in Healthcare Realty Trust in the 3rd quarter worth approximately $182,000. Finally, Capital Investment Advisors LLC increased its position in Healthcare Realty Trust by 8.3% in the 3rd quarter. Capital Investment Advisors LLC now owns 358,198 shares of the real estate investment trust’s stock worth $6,501,000 after buying an additional 27,439 shares during the period.

Healthcare Realty Trust Trading Down 1.7 %

Shares of NYSE:HR opened at $16.28 on Tuesday. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The firm has a market capitalization of $5.77 billion, a PE ratio of -10.30 and a beta of 0.94. The business’s 50 day moving average is $16.89 and its 200-day moving average is $17.47.

Analysts Set New Price Targets

Several brokerages have commented on HR. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their price target for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. Wedbush downgraded Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $18.00 to $16.00 in a research report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target on the stock. in a research report on Friday, December 20th. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and a consensus price target of $17.00.

Insider Transactions 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 shares were bought at an average price of $17.39 per share, with a total value of $134,772.50. Following the acquisition, the director now owns 50,002 shares of the company’s stock, valued at $869,534.78. This trade represents a 18.34 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Robert E. Hull sold 10,000 shares of the business’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 completion of the sale, the chief operating officer now directly owns 171,400 shares in the company, valued at approximately $2,996,072. This represents a 5.51 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have bought 18,750 shares of company stock valued at $323,723. 0.56% of the stock is owned by corporate insiders.

About Healthcare Realty Trust

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.