Teacher Retirement System of Texas Buys Shares of 65,288 Healthcare Realty Trust Incorporated (NYSE:HR)

Teacher Retirement System of Texas 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 filing with the SEC. The institutional investor acquired 65,288 shares of the real estate investment trust’s stock, valued at approximately $1,107,000.

A number of other institutional investors have also recently made changes to their positions in the business. Cerity Partners LLC boosted its stake in Healthcare Realty Trust by 106.4% in 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. CreativeOne Wealth LLC purchased a new position in shares of Healthcare Realty Trust in the third quarter worth $213,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Healthcare Realty Trust by 358.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust’s stock worth $38,879,000 after buying an additional 1,674,583 shares during the period. Walleye Capital LLC purchased a new stake in shares of Healthcare Realty Trust during the third quarter valued at $965,000. Finally, Captrust Financial Advisors increased its position in shares of Healthcare Realty Trust by 27.2% in the 3rd quarter. Captrust Financial Advisors now owns 31,562 shares of the real estate investment trust’s stock valued at $573,000 after acquiring an additional 6,747 shares during the period.

Healthcare Realty Trust Price Performance

NYSE:HR opened at $16.76 on Friday. The company has a 50 day moving average price of $16.66 and a 200-day moving average price of $17.22. Healthcare Realty Trust Incorporated has a 1-year low of $13.64 and a 1-year high of $18.90. The firm has a market cap of $5.88 billion, a price-to-earnings ratio of -9.41 and a beta of 0.97.

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

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were issued a $0.31 dividend. 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 payout ratio is currently -69.66%.

Analyst Ratings Changes

HR has been the subject of a number of research reports. Wells Fargo & Company lowered their price target on 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. 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. Wedbush reissued an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. StockNews.com downgraded shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday. Finally, Scotiabank reduced their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Healthcare Realty Trust presently has an average 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.