Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 1.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,730 shares of the real estate investment trust’s stock after selling 1,170 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Healthcare Realty Trust were worth $1,116,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. International Assets Investment Management LLC purchased a new position in shares of Healthcare Realty Trust during the second quarter worth approximately $309,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Healthcare Realty Trust by 11.9% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 69,152 shares of the real estate investment trust’s stock valued at $1,140,000 after purchasing an additional 7,345 shares during the period. Signaturefd LLC raised its holdings in shares of Healthcare Realty Trust by 39.4% in the second quarter. Signaturefd LLC now owns 24,089 shares of the real estate investment trust’s stock valued at $397,000 after buying an additional 6,810 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in shares of Healthcare Realty Trust by 0.5% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,059,223 shares of the real estate investment trust’s stock worth $17,456,000 after buying an additional 5,441 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Healthcare Realty Trust by 6.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 211,989 shares of the real estate investment trust’s stock worth $3,494,000 after buying an additional 12,071 shares during the last quarter.

Analyst Upgrades and Downgrades

HR has been the subject of a number of recent research reports. Wedbush increased their price objective on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, August 5th. Wells Fargo & Company cut shares of Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $17.00 to $16.00 in a research note on Tuesday, July 30th. Finally, Scotiabank raised 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. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Trading Down 0.8 %

Shares of HR opened at $18.63 on Tuesday. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90. The firm has a market capitalization of $7.05 billion, a P/E ratio of -14.01 and a beta of 0.91. The firm’s 50-day moving average is $17.75 and its two-hundred day moving average is $15.97.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Friday, August 2nd. The real estate investment trust reported ($0.39) earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.77). The firm had revenue of $316.30 million during the quarter, compared to analysts’ expectations 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 revenue for the quarter was down 6.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share. Analysts predict that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were issued a dividend of $0.31 per share. The ex-dividend date was Monday, August 12th. This represents a $1.24 annualized dividend and a yield of 6.66%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -93.23%.

Insiders Place Their Bets

In related news, Director Thomas N. Bohjalian bought 9,000 shares of the stock in a transaction on Monday, August 12th. The shares were purchased at an average price of $17.39 per share, for a total transaction of $156,510.00. Following the acquisition, the director now owns 22,252 shares in the company, valued at $386,962.28. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Healthcare Realty Trust news, Director John Knox Singleton purchased 6,500 shares of the business’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 owns 57,082 shares of the company’s stock, valued at approximately $1,041,175.68. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas N. Bohjalian acquired 9,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were acquired at an average price of $17.39 per share, for a total transaction of $156,510.00. Following the acquisition, the director now directly owns 22,252 shares of the company’s stock, valued at $386,962.28. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 15,728 shares of company stock worth $279,069. Insiders own 0.56% of the company’s stock.

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.