Healthcare Realty Trust Incorporated (NYSE:HR) Shares Bought by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC grew its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 2.1% during the 4th quarter, Holdings Channel reports. The firm owned 310,776 shares of the real estate investment trust’s stock after purchasing an additional 6,269 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Healthcare Realty Trust were worth $5,355,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. BlackRock Inc. grew its position in shares of Healthcare Realty Trust by 0.9% in the first 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 during the period. State Street Corp grew its position in shares of Healthcare Realty Trust by 0.5% in the first 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 during the period. Vanguard Group Inc. grew its position in shares of Healthcare Realty Trust by 2.7% in the first 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 during the period. Daiwa Securities Group Inc. grew its position in shares of Healthcare Realty Trust by 4.1% in the third 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 during the period. Finally, Nuance Investments LLC grew its position in shares of Healthcare Realty Trust by 0.7% in the third quarter. Nuance Investments LLC now owns 11,593,009 shares of the real estate investment trust’s stock valued at $177,025,000 after purchasing an additional 81,427 shares during the period.

Analysts Set New Price Targets

HR has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Healthcare Realty Trust in a research report on Tuesday, January 30th. They issued a “hold” rating and a $18.00 target price on the stock. Wells Fargo & Company decreased their price target 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, April 10th. Wedbush downgraded shares of Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $19.00 to $15.00 in a research note on Tuesday, February 20th. JPMorgan Chase & Co. decreased 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 note on Wednesday, March 6th. Finally, Stifel Nicolaus downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price target for the stock from $19.00 to $15.00 in a research note on Tuesday, February 20th. One investment 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.com, the company has a consensus rating of “Hold” and an average target price of $17.20.

Healthcare Realty Trust Price Performance

Shares of HR stock opened at $14.11 on Monday. The firm’s 50-day moving average is $14.04 and its two-hundred day moving average is $15.13. 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 $5.38 billion, a PE ratio of -19.07 and a beta of 0.79.

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 return on equity of 3.87% and a negative net margin of 20.71%. The firm had revenue of $330.40 million for the quarter, compared to analysts’ expectations of $334.32 million. During the same period last year, the firm earned $0.42 earnings per share. Healthcare Realty Trust’s revenue for the quarter was down 2.2% on a year-over-year basis. Sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Shareholders of record on Monday, February 26th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.79%. The ex-dividend date of this dividend was Friday, February 23rd. Healthcare Realty Trust’s dividend payout ratio is presently -167.57%.

Healthcare Realty Trust Company Profile

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.