Cetera Investment Advisers Sells 5,468 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Cetera Investment Advisers decreased its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 7.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,712 shares of the real estate investment trust’s stock after selling 5,468 shares during the period. Cetera Investment Advisers’ holdings in Healthcare Realty Trust were worth $1,099,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of HR. Centersquare Investment Management LLC acquired a new position in shares of Healthcare Realty Trust in the 1st quarter valued at $1,246,000. SG Americas Securities LLC boosted its holdings in Healthcare Realty Trust by 394.9% in the first quarter. SG Americas Securities LLC now owns 388,015 shares of the real estate investment trust’s stock valued at $5,490,000 after purchasing an additional 309,609 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Healthcare Realty Trust by 1.4% in the first quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust’s stock valued at $767,585,000 after purchasing an additional 723,197 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in Healthcare Realty Trust in the first quarter valued at $719,000. Finally, Tidal Investments LLC purchased a new stake in Healthcare Realty Trust in the first quarter valued at $1,360,000.

Healthcare Realty Trust Stock Down 1.1 %

NYSE:HR opened at $17.99 on Friday. The company has a fifty day simple moving average of $17.82 and a two-hundred day simple moving average of $16.62. The company has a market cap of $6.81 billion, a price-to-earnings ratio of -13.53 and a beta of 0.91. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results 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). Healthcare Realty Trust had a negative return on equity of 8.50% and a negative net margin of 42.79%. The firm had revenue of $316.30 million for the quarter, compared to analyst estimates of $317.90 million. During the same quarter in the previous year, the firm posted $0.39 EPS. The business’s revenue for the quarter was down 6.4% on a year-over-year basis. On average, analysts expect that Healthcare Realty Trust Incorporated will post 1.55 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.24 dividend on an annualized basis and a yield of 6.89%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -93.23%.

Insider Activity at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director John Knox Singleton bought 6,500 shares of Healthcare Realty Trust stock in a transaction dated Thursday, September 5th. The stock was acquired at an average cost of $18.24 per share, with a total value of $118,560.00. Following the completion of the acquisition, the director now owns 57,082 shares of the company’s stock, valued at approximately $1,041,175.68. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Thomas N. Bohjalian purchased 9,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was purchased at an average cost of $17.39 per share, with a total value of $156,510.00. Following the completion of the acquisition, the director now directly owns 22,252 shares of the company’s stock, valued at approximately $386,962.28. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director John Knox Singleton purchased 6,500 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were purchased at an average cost of $18.24 per share, with a total value of $118,560.00. Following the completion of the acquisition, the director now directly owns 57,082 shares of the company’s stock, valued at $1,041,175.68. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 15,728 shares of company stock valued at $279,069 over the last ninety days. Insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on HR shares. Wedbush increased their target price on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Wells Fargo & Company restated an “underweight” rating and set a $17.00 price target (up previously from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. Finally, Scotiabank upped their price target on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 7th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $17.14.

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.