Nomura Asset Management Co. Ltd. lifted its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 2.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 482,970 shares of the real estate investment trust’s stock after purchasing an additional 10,300 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Healthcare Realty Trust were worth $8,186,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Cerity Partners LLC boosted its stake in Healthcare Realty Trust by 106.4% during the third quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust’s stock worth $1,407,000 after buying an additional 39,975 shares in the last quarter. CreativeOne Wealth LLC bought a new position in shares of Healthcare Realty Trust during the 3rd quarter worth about $213,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of 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 acquiring an additional 1,674,583 shares in the last quarter. Walleye Capital LLC bought a new stake in Healthcare Realty Trust in the third quarter valued at about $965,000. Finally, Captrust Financial Advisors raised its position in Healthcare Realty Trust by 27.2% in the third quarter. Captrust Financial Advisors now owns 31,562 shares of the real estate investment trust’s stock worth $573,000 after purchasing an additional 6,747 shares in the last quarter.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on HR shares. Wells Fargo & Company lowered their price objective on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating on the stock in a research note on Monday, March 10th. StockNews.com cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, March 27th. Wedbush reissued an “outperform” rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a report on Thursday, February 20th. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price on the stock. in a report on Friday, December 20th. Finally, Scotiabank cut their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $17.00.
Healthcare Realty Trust Stock Performance
Shares of HR stock opened at $16.92 on Tuesday. Healthcare Realty Trust Incorporated has a 52 week low of $13.64 and a 52 week high of $18.90. The stock has a market capitalization of $5.93 billion, a PE ratio of -9.50 and a beta of 0.97. The stock’s fifty day moving average is $16.67 and its 200-day moving average is $17.20.
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 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The firm had revenue of $309.77 million for the quarter, compared to analyst estimates of $303.81 million. During the same quarter in the prior year, the firm earned $0.39 EPS. The company’s revenue was down 6.3% on a year-over-year basis. As a group, 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 business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.33%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -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.
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