Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale cut its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 15.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 303,827 shares of the real estate investment trust’s stock after selling 55,700 shares during the quarter. DekaBank Deutsche Girozentrale owned approximately 0.08% of Healthcare Realty Trust worth $5,202,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. New York State Teachers Retirement System grew its position in shares of Healthcare Realty Trust by 1.5% in the fourth quarter. New York State Teachers Retirement System now owns 257,733 shares of the real estate investment trust’s stock valued at $4,441,000 after purchasing an additional 3,751 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Healthcare Realty Trust in the fourth quarter valued at approximately $45,000. Arizona State Retirement System lifted its stake in shares of Healthcare Realty Trust by 2.5% during the fourth quarter. Arizona State Retirement System now owns 106,467 shares of the real estate investment trust’s stock valued at $1,834,000 after buying an additional 2,572 shares during the period. Trust Point Inc. purchased a new position in shares of Healthcare Realty Trust during the fourth quarter valued at approximately $221,000. Finally, Oak Thistle LLC purchased a new position in shares of Healthcare Realty Trust during the fourth quarter valued at approximately $751,000.

Healthcare Realty Trust Stock Up 1.0 %

NYSE:HR opened at $14.19 on Friday. The company has a market cap of $5.41 billion, a P/E ratio of -19.18 and a beta of 0.79. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $20.32. The firm’s 50 day moving average is $14.08 and its two-hundred day moving average is $15.13.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results on Friday, February 16th. The real estate investment trust reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.51). Healthcare Realty Trust had a negative net margin of 20.71% and a negative return on equity of 3.87%. The business had revenue of $330.40 million during the quarter, compared to analysts’ expectations of $334.32 million. During the same period in the prior year, the business posted $0.42 EPS. The business’s revenue was down 2.2% on a year-over-year basis. Research analysts forecast that Healthcare Realty Trust Incorporated will post 1.56 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Monday, February 26th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.74%. The ex-dividend date of this dividend was Friday, February 23rd. Healthcare Realty Trust’s dividend payout ratio is presently -167.57%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HR. Wedbush downgraded shares of Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and reduced their price objective for the company from $19.00 to $15.00 in a research note on Tuesday, February 20th. JPMorgan Chase & Co. reduced their price objective on shares of Healthcare Realty Trust from $19.00 to $17.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 6th. Wells Fargo & Company reduced their price objective on shares of Healthcare Realty Trust from $18.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Stifel Nicolaus downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their price objective for the company from $19.00 to $15.00 in a research note on Tuesday, February 20th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Healthcare Realty Trust in a research note on Tuesday, January 30th. They set a “hold” rating and a $18.00 price objective on the stock. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $17.20.

About Healthcare Realty Trust

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.