Ieq Capital LLC Buys New Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Ieq Capital LLC purchased a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 38,899 shares of the real estate investment trust’s stock, valued at approximately $659,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Pzena Investment Management LLC bought a new stake in shares of Healthcare Realty Trust during the third quarter valued at about $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Healthcare Realty Trust by 358.2% during the 3rd 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 valued at $38,879,000 after buying an additional 1,674,583 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Healthcare Realty Trust by 289.5% during the 4th 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 buying an additional 1,153,657 shares in the last quarter. Barclays PLC lifted its stake in shares of Healthcare Realty Trust by 116.2% in the 3rd quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust’s stock worth $13,117,000 after acquiring an additional 388,305 shares during the period. Finally, Capital Investment Advisors LLC boosted its holdings in shares of Healthcare Realty Trust by 31.0% in the fourth quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust’s stock valued at $7,955,000 after acquiring an additional 111,125 shares in the last quarter.

Insider Activity at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average cost of $17.21 per share, with a total value of $172,100.00. Following the completion of the transaction, the director now owns 26,576 shares of the company’s stock, valued at approximately $457,372.96. This represents a 60.33 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.56% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HR. Wedbush reissued an “outperform” rating and set a $16.00 target price on shares of Healthcare Realty Trust in a report on Thursday, February 20th. JPMorgan Chase & Co. lowered 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. StockNews.com raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price target for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, Scotiabank reduced their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of “Hold” and an average target price of $17.20.

Healthcare Realty Trust Stock Up 0.4 %

Shares of NYSE HR opened at $16.89 on Wednesday. The stock’s fifty day simple moving average is $16.63 and its 200 day simple moving average is $17.38. The stock has a market capitalization of $5.98 billion, a price-to-earnings ratio of -9.49 and a beta of 0.94. 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 quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm had revenue of $309.77 million for the quarter, compared to analysts’ expectations of $303.81 million. During the same quarter last year, the business posted $0.39 EPS. Healthcare Realty Trust’s revenue was down 6.3% on a year-over-year basis. As a group, analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.31 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.34%. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

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.