Healthcare Realty Trust Incorporated (NYSE:HR) Stake Lowered by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its holdings in Healthcare Realty Trust Incorporated (NYSE:HRGet Rating) by 11.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,074 shares of the real estate investment trust’s stock after selling 4,135 shares during the period. Los Angeles Capital Management LLC’s holdings in Healthcare Realty Trust were worth $845,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Crossmark Global Holdings Inc. lifted its stake in shares of Healthcare Realty Trust by 5.3% in the 1st quarter. Crossmark Global Holdings Inc. now owns 13,780 shares of the real estate investment trust’s stock valued at $378,000 after purchasing an additional 690 shares during the last quarter. California Public Employees Retirement System lifted its stake in shares of Healthcare Realty Trust by 8.2% in the 1st quarter. California Public Employees Retirement System now owns 334,355 shares of the real estate investment trust’s stock valued at $9,188,000 after purchasing an additional 25,258 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Healthcare Realty Trust by 213.2% in the 1st quarter. SG Americas Securities LLC now owns 123,662 shares of the real estate investment trust’s stock valued at $3,398,000 after purchasing an additional 84,180 shares during the last quarter. Retirement Systems of Alabama lifted its stake in shares of Healthcare Realty Trust by 1.0% in the 2nd quarter. Retirement Systems of Alabama now owns 631,712 shares of the real estate investment trust’s stock valued at $17,183,000 after purchasing an additional 6,121 shares during the last quarter. Finally, Arizona State Retirement System lifted its stake in shares of Healthcare Realty Trust by 2.7% in the 2nd quarter. Arizona State Retirement System now owns 40,965 shares of the real estate investment trust’s stock valued at $1,114,000 after purchasing an additional 1,082 shares during the last quarter. Institutional investors and hedge funds own 92.46% of the company’s stock.

Analyst Upgrades and Downgrades

HR has been the subject of several analyst reports. Capital One Financial reaffirmed an “overweight” rating on shares of Healthcare Realty Trust in a research note on Sunday, August 14th. Sumitomo Mitsui Financial Group raised shares of Healthcare Realty Trust from a “neutral” rating to an “outperform” rating and set a $30.00 target price for the company in a research report on Thursday, August 11th. StockNews.com began coverage on shares of Healthcare Realty Trust in a research report on Wednesday, October 12th. They set a “sell” rating for the company. Credit Suisse Group cut their target price on shares of Healthcare Realty Trust from $34.00 to $29.00 and set an “outperform” rating for the company in a research report on Monday, July 18th. Finally, JPMorgan Chase & Co. began coverage on shares of Healthcare Realty Trust in a research report on Thursday, July 21st. They set a “neutral” rating for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued 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 $30.43.

Healthcare Realty Trust Stock Performance

NYSE:HR opened at $19.57 on Wednesday. The firm’s 50-day moving average is $21.42 and its 200-day moving average is $24.99. Healthcare Realty Trust Incorporated has a 52-week low of $18.40 and a 52-week high of $34.83. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 68.45 and a beta of 0.70.

Healthcare Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Tuesday, November 15th will be issued a dividend of $0.31 per share. This is an increase from Healthcare Realty Trust’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Monday, November 14th. This represents a $1.24 annualized dividend and a dividend yield of 6.34%. Healthcare Realty Trust’s payout ratio is presently 151.73%.

Healthcare Realty Trust Company Profile

(Get Rating)

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion.

Featured Articles

Want to see what other hedge funds are holding HR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Realty Trust Incorporated (NYSE:HRGet Rating).

Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

Receive News & Ratings for Healthcare Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.