Raymond James Financial Inc. Acquires Shares of 178,102 Healthcare Realty Trust Incorporated (NYSE:HR)

Raymond James Financial Inc. acquired a new stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 178,102 shares of the real estate investment trust’s stock, valued at approximately $3,019,000. Raymond James Financial Inc. owned approximately 0.05% of Healthcare Realty Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in HR. Smartleaf Asset Management LLC raised its stake in Healthcare Realty Trust by 59.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 612 shares during the period. Blue Trust Inc. lifted its holdings in Healthcare Realty Trust by 130.3% in the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 925 shares during the last quarter. Synergy Investment Management LLC purchased a new position in Healthcare Realty Trust in the fourth quarter worth approximately $36,000. Jones Financial Companies Lllp increased its stake in Healthcare Realty Trust by 68.7% during the fourth quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock worth $52,000 after acquiring an additional 1,249 shares during the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in Healthcare Realty Trust in the third quarter valued at $65,000.

Healthcare Realty Trust Trading Down 0.0 %

Shares of NYSE HR opened at $16.76 on Friday. The stock has a market cap of $5.88 billion, a P/E ratio of -9.41 and a beta of 0.97. The business’s fifty day simple moving average is $16.66 and its 200-day simple moving average is $17.23. Healthcare Realty Trust Incorporated has a 12-month low of $13.64 and a 12-month high of $18.90.

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

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 7.40%. The ex-dividend date of this dividend was Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -69.66%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HR. Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their price target for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. Wells Fargo & Company dropped their price target on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research report on Monday, March 10th. StockNews.com downgraded shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price on the stock. in a research report on Friday, December 20th. Finally, Wedbush restated an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average 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.