J.W. Cole Advisors Inc. Has $366,000 Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

J.W. Cole Advisors Inc. cut its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 7.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 22,198 shares of the real estate investment trust’s stock after selling 1,785 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Healthcare Realty Trust were worth $366,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. boosted its position in Healthcare Realty Trust by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust’s stock worth $767,585,000 after acquiring an additional 723,197 shares during the last quarter. APG Asset Management US Inc. boosted its position in Healthcare Realty Trust by 12.0% during the 4th quarter. APG Asset Management US Inc. now owns 12,566,887 shares of the real estate investment trust’s stock worth $216,527,000 after acquiring an additional 1,348,529 shares during the last quarter. Canada Pension Plan Investment Board boosted its position in Healthcare Realty Trust by 52.3% during the 1st quarter. Canada Pension Plan Investment Board now owns 10,942,261 shares of the real estate investment trust’s stock worth $154,833,000 after acquiring an additional 3,758,040 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Healthcare Realty Trust by 2.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,782,253 shares of the real estate investment trust’s stock worth $81,820,000 after acquiring an additional 158,342 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Healthcare Realty Trust by 1.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,553,636 shares of the real estate investment trust’s stock worth $95,691,000 after acquiring an additional 77,951 shares during the last quarter.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Scotiabank upped their price objective on 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. Wells Fargo & Company cut Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $17.00 to $16.00 in a research note on Tuesday, July 30th. Finally, Wedbush increased their price target on Healthcare Realty Trust from $15.00 to $18.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Two investment 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. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $17.00.

Healthcare Realty Trust Price Performance

Shares of NYSE HR opened at $18.03 on Thursday. The stock’s fifty day moving average price is $17.78 and its two-hundred day moving average price is $16.00. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90. The firm has a market cap of $6.82 billion, a price-to-earnings ratio of -13.56 and a beta of 0.91.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data 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 during 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%. The business’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.39 earnings per share. On average, equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.56 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

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

Insider Transactions at Healthcare Realty Trust

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

About Healthcare Realty Trust

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.