Proficio Capital Partners LLC Takes $440,000 Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Proficio Capital Partners LLC purchased a new position in Healthcare Realty Trust Incorporated (NYSE:HR) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,934 shares of the real estate investment trust’s stock, valued at approximately $440,000.

Several other institutional investors have also made changes to their positions in HR. Pathstone Holdings LLC raised its holdings in shares of Healthcare Realty Trust by 12.5% during the third quarter. Pathstone Holdings LLC now owns 159,193 shares of the real estate investment trust’s stock worth $2,889,000 after acquiring an additional 17,717 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Healthcare Realty Trust by 106.4% during the 3rd quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust’s stock worth $1,407,000 after purchasing an additional 39,975 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in shares of Healthcare Realty Trust by 22.9% during the 3rd quarter. Penserra Capital Management LLC now owns 78,113 shares of the real estate investment trust’s stock valued at $1,417,000 after buying an additional 14,570 shares during the last quarter. Quantbot Technologies LP lifted its holdings in shares of Healthcare Realty Trust by 18.1% during the 3rd quarter. Quantbot Technologies LP now owns 279,181 shares of the real estate investment trust’s stock valued at $5,067,000 after buying an additional 42,853 shares during the last quarter. Finally, CreativeOne Wealth LLC bought a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at approximately $213,000.

Healthcare Realty Trust Trading Up 1.5 %

NYSE:HR opened at $16.87 on Tuesday. The firm has a market capitalization of $5.92 billion, a PE ratio of -9.47 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 1 year low of $13.29 and a 1 year high of $18.90. The firm’s fifty day simple moving average is $16.63 and its 200 day simple moving average is $17.25.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.01. The company had revenue of $309.77 million for the quarter, compared to the consensus estimate of $303.81 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm’s revenue was down 6.3% compared to the same quarter last year. During the same period last year, the business posted $0.39 earnings per share. As a group, analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.35%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HR. Wells Fargo & Company reduced their target price on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research note on Monday, March 10th. StockNews.com raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, March 18th. Jefferies Financial Group cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. Wedbush restated an “outperform” rating and set a $16.00 target price on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Finally, Scotiabank reduced their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Healthcare Realty Trust has a consensus rating of “Hold” and a consensus price target of $17.00.

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.