New York State Teachers Retirement System trimmed its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 276,405 shares of the real estate investment trust’s stock after selling 1,147 shares during the quarter. New York State Teachers Retirement System owned approximately 0.08% of Healthcare Realty Trust worth $4,685,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of HR. Armor Investment Advisors LLC grew its stake in Healthcare Realty Trust by 5.2% during the fourth quarter. Armor Investment Advisors LLC now owns 133,189 shares of the real estate investment trust’s stock valued at $2,258,000 after acquiring an additional 6,608 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in Healthcare Realty Trust by 289.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust’s stock worth $26,308,000 after purchasing an additional 1,153,657 shares during the last quarter. Consolidated Portfolio Review Corp raised its stake in shares of Healthcare Realty Trust by 1.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 55,333 shares of the real estate investment trust’s stock worth $938,000 after buying an additional 808 shares during the period. Money Concepts Capital Corp grew its position in shares of Healthcare Realty Trust by 6.4% during the fourth quarter. Money Concepts Capital Corp now owns 43,981 shares of the real estate investment trust’s stock worth $745,000 after purchasing an additional 2,647 shares in the last quarter. Finally, First Dallas Securities Inc. grew its holdings in Healthcare Realty Trust by 6.3% during the 4th quarter. First Dallas Securities Inc. now owns 84,250 shares of the real estate investment trust’s stock valued at $1,428,000 after buying an additional 5,000 shares in the last quarter.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on the company. Wedbush reissued an “outperform” rating and issued a $16.00 price objective on shares of Healthcare Realty Trust in a research note on Thursday. Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price objective for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $17.40.
Insider Buying and Selling
In other Healthcare Realty Trust news, COO Robert E. Hull sold 10,000 shares of Healthcare Realty Trust stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total transaction of $174,800.00. Following the sale, the chief operating officer now owns 171,400 shares in the company, valued at $2,996,072. The trade was a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.56% of the company’s stock.
Healthcare Realty Trust Stock Down 1.0 %
Shares of Healthcare Realty Trust stock opened at $16.60 on Friday. The firm has a market cap of $5.88 billion, a PE ratio of -10.50 and a beta of 0.94. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90. The business’s fifty day moving average is $16.67 and its two-hundred day moving average is $17.41.
Healthcare Realty Trust (NYSE:HR – Get Free Report) last issued 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. The firm had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. Healthcare Realty Trust had a negative return on equity of 9.42% and a negative net margin of 45.63%. Healthcare Realty Trust’s quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.39 EPS. Equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.55 EPS for the current year.
Healthcare Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.47%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust’s payout ratio is -78.48%.
Healthcare Realty Trust Profile
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.
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