Foresight Group Ltd Liability Partnership Sells 255,637 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Foresight Group Ltd Liability Partnership decreased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 13.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,672,722 shares of the real estate investment trust’s stock after selling 255,637 shares during the quarter. Healthcare Realty Trust accounts for approximately 11.7% of Foresight Group Ltd Liability Partnership’s investment portfolio, making the stock its 3rd largest holding. Foresight Group Ltd Liability Partnership owned 0.44% of Healthcare Realty Trust worth $27,566,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Muzinich & Co. Inc. boosted its holdings in Healthcare Realty Trust by 98.1% in the fourth quarter. Muzinich & Co. Inc. now owns 2,179 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 1,079 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Healthcare Realty Trust by 38.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 628 shares during the period. Quarry LP purchased a new stake in Healthcare Realty Trust in the 4th quarter worth approximately $39,000. Principal Securities Inc. acquired a new stake in shares of Healthcare Realty Trust during the 4th quarter worth approximately $45,000. Finally, Creekmur Asset Management LLC purchased a new position in shares of Healthcare Realty Trust during the 4th quarter valued at approximately $85,000.

Healthcare Realty Trust Stock Down 0.9 %

HR opened at $18.03 on Thursday. The company has a market cap of $6.82 billion, a PE ratio of -13.55 and a beta of 0.91. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90. The company has a 50-day moving average price of $17.78 and a 200 day moving average price of $16.00.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Friday, August 2nd. The real estate investment trust reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.77). The firm had revenue of $316.30 million for the quarter, compared to analyst estimates of $317.90 million. Healthcare Realty Trust had a negative net margin of 42.79% and a negative return on equity of 8.50%. Healthcare Realty Trust’s revenue was down 6.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 EPS. As a group, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.56 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.24 annualized dividend and a yield of 6.88%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -93.23%.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 9,000 shares of Healthcare Realty Trust stock in a transaction dated Monday, August 12th. The stock was acquired at an average cost of $17.39 per share, for a total transaction of $156,510.00. Following the completion of the transaction, the director now directly owns 22,252 shares of the company’s stock, valued at $386,962.28. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, Director John Knox Singleton bought 6,500 shares of the company’s stock in a transaction on Thursday, September 5th. The stock was bought at an average cost of $18.24 per share, for a total transaction of $118,560.00. Following the acquisition, the director now directly owns 57,082 shares in the company, valued at $1,041,175.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas N. Bohjalian bought 9,000 shares of the business’s stock in a transaction on Monday, August 12th. The stock was bought at an average cost of $17.39 per share, with a total value of $156,510.00. Following the completion of the purchase, the director now directly owns 22,252 shares in the company, valued at $386,962.28. The disclosure for this purchase can be found here. Insiders have acquired a total of 15,728 shares of company stock valued at $279,069 in the last 90 days. 0.56% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of recent analyst reports. Wedbush increased their price target on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Scotiabank increased their target price on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. Finally, Wells Fargo & Company cut Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and reduced their price target for the stock from $17.00 to $16.00 in a report on Tuesday, July 30th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Company 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.