State of Alaska Department of Revenue Has $3.81 Million Position in Healthcare Realty Trust Incorporated (NYSE:HR)

State of Alaska Department of Revenue cut its holdings in Healthcare Realty Trust Incorporated (NYSE:HRFree Report) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 221,157 shares of the real estate investment trust’s stock after selling 5,870 shares during the quarter. State of Alaska Department of Revenue owned about 0.06% of Healthcare Realty Trust worth $3,809,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of HR. Cohen & Steers Inc. increased its holdings in Healthcare Realty Trust by 7.1% in the 2nd quarter. Cohen & Steers Inc. now owns 63,526,167 shares of the real estate investment trust’s stock valued at $1,198,084,000 after buying an additional 4,224,157 shares during the period. BlackRock Inc. boosted its stake in shares of Healthcare Realty Trust by 0.9% in the 1st quarter. BlackRock Inc. now owns 45,751,993 shares of the real estate investment trust’s stock valued at $884,386,000 after purchasing an additional 425,269 shares in the last quarter. State Street Corp boosted its stake in shares of Healthcare Realty Trust by 0.5% in the 1st quarter. State Street Corp now owns 22,728,519 shares of the real estate investment trust’s stock valued at $439,342,000 after purchasing an additional 109,568 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Healthcare Realty Trust by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 22,207,069 shares of the real estate investment trust’s stock valued at $610,251,000 after purchasing an additional 585,270 shares in the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in shares of Healthcare Realty Trust by 4.1% in the 3rd quarter. Daiwa Securities Group Inc. now owns 14,405,624 shares of the real estate investment trust’s stock valued at $219,974,000 after purchasing an additional 567,206 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on HR shares. JPMorgan Chase & Co. reduced their price target on shares of Healthcare Realty Trust from $19.00 to $17.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 6th. Stifel Nicolaus downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their target price for the company from $19.00 to $15.00 in a research report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft started coverage on Healthcare Realty Trust in a research note on Tuesday, January 30th. They issued a “hold” rating and a $18.00 price target for the company. Finally, Wedbush cut Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $19.00 to $15.00 in a research note on Tuesday, February 20th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $17.30.

View Our Latest Stock Report on Healthcare Realty Trust

Healthcare Realty Trust Trading Down 1.2 %

Shares of Healthcare Realty Trust stock opened at $13.94 on Wednesday. The stock has a fifty day simple moving average of $14.41 and a 200 day simple moving average of $15.21. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $20.32. The company has a market capitalization of $5.31 billion, a P/E ratio of -18.84 and a beta of 0.79.

Healthcare Realty Trust (NYSE:HRGet Free Report) last announced its quarterly earnings results on Friday, February 16th. The real estate investment trust reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.51). Healthcare Realty Trust had a negative return on equity of 3.87% and a negative net margin of 20.71%. The company had revenue of $330.40 million for the quarter, compared to the consensus estimate of $334.32 million. During the same quarter last year, the company posted $0.42 EPS. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. On average, analysts predict that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Monday, February 26th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, February 23rd. This represents a $1.24 dividend on an annualized basis and a yield of 8.90%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -167.57%.

About Healthcare Realty Trust

(Free Report)

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.

Further Reading

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

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