Avantax Advisory Services Inc. Sells 4,284 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Avantax Advisory Services Inc. trimmed its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 13.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,319 shares of the real estate investment trust’s stock after selling 4,284 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Healthcare Realty Trust were worth $463,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Pathstone Holdings LLC boosted its holdings in Healthcare Realty Trust by 12.5% during the third quarter. Pathstone Holdings LLC now owns 159,193 shares of the real estate investment trust’s stock valued at $2,889,000 after purchasing an additional 17,717 shares in the last quarter. Advisors Asset Management Inc. lifted its position in shares of Healthcare Realty Trust by 7.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 128,261 shares of the real estate investment trust’s stock worth $2,328,000 after buying an additional 8,638 shares during the period. 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 valued at $1,407,000 after buying an additional 39,975 shares in the last quarter. Penserra Capital Management LLC grew its position in Healthcare Realty Trust by 22.9% in the third quarter. Penserra Capital Management LLC now owns 78,113 shares of the real estate investment trust’s stock valued at $1,417,000 after acquiring an additional 14,570 shares during the period. Finally, Quantbot Technologies LP raised its stake in Healthcare Realty Trust by 18.1% during the third quarter. Quantbot Technologies LP now owns 279,181 shares of the real estate investment trust’s stock worth $5,067,000 after acquiring an additional 42,853 shares in the last quarter.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on HR shares. Scotiabank lowered their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Friday, December 20th. Wells Fargo & Company reduced their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating on the stock in a report on Monday, March 10th. Wedbush reaffirmed an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Finally, Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $17.00.

Healthcare Realty Trust Stock Performance

NYSE HR opened at $16.60 on Monday. The stock has a market capitalization of $5.82 billion, a P/E ratio of -9.32 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 52 week low of $13.29 and a 52 week high of $18.90. The stock has a fifty day moving average of $16.62 and a 200-day moving average of $17.26.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, topping 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 11.20% and a negative net margin of 51.60%. The company’s revenue was down 6.3% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share. Equities research analysts forecast 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. Investors of record on Monday, March 3rd were issued a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 7.47%. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

Healthcare Realty Trust Company 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.