26,933 Shares in Healthcare Realty Trust Incorporated (NYSE:HR) Bought by Cerity Partners LLC

Cerity Partners LLC bought a new position in Healthcare Realty Trust Incorporated (NYSE:HR) in the 4th quarter, Holdings Channel.com reports. The firm bought 26,933 shares of the real estate investment trust’s stock, valued at approximately $464,000.

Several other hedge funds also recently made changes to their positions in HR. Provence Wealth Management Group acquired a new stake in shares of Healthcare Realty Trust in the 3rd quarter worth $25,000. Quent Capital LLC lifted its stake in shares of Healthcare Realty Trust by 47.4% in the 4th quarter. Quent Capital LLC now owns 1,933 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 622 shares during the period. Legacy Financial Group LLC acquired a new stake in shares of Healthcare Realty Trust in the 3rd quarter worth $34,000. International Assets Investment Management LLC acquired a new stake in shares of Healthcare Realty Trust in the 4th quarter worth $45,000. Finally, Global Retirement Partners LLC lifted its stake in shares of Healthcare Realty Trust by 87.7% in the 3rd quarter. Global Retirement Partners LLC now owns 4,797 shares of the real estate investment trust’s stock worth $72,000 after acquiring an additional 2,242 shares during the period.

Healthcare Realty Trust Price Performance

Shares of NYSE HR opened at $14.04 on Friday. The company has a market cap of $5.35 billion, a PE ratio of -18.97 and a beta of 0.79. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $20.32. The company has a 50-day simple moving average of $13.77 and a 200-day simple moving average of $15.07.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly 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). The firm had revenue of $330.40 million for the quarter, compared to analysts’ expectations of $334.32 million. Healthcare Realty Trust had a negative return on equity of 3.87% and a negative net margin of 20.71%. The business’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.42 earnings per share. On average, analysts anticipate that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Stockholders 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 dividend yield of 8.83%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -167.57%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Healthcare Realty Trust in a research note on Tuesday, January 30th. They issued a “hold” rating and a $18.00 price objective for the company. Stifel Nicolaus cut 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. 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 for the company in a research note on Wednesday, April 10th. Wedbush cut 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. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Healthcare Realty Trust from $19.00 to $17.00 and set an “overweight” rating for the company in a research note on Wednesday, March 6th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and an average target price of $17.20.

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.