Healthcare Realty Trust Incorporated (NYSE:HR) Shares Purchased by Lindbrook Capital LLC

Lindbrook Capital LLC increased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 106.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,854 shares of the real estate investment trust’s stock after acquiring an additional 954 shares during the quarter. Lindbrook Capital LLC’s holdings in Healthcare Realty Trust were worth $32,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Provence Wealth Management Group purchased a new stake in Healthcare Realty Trust in the 3rd quarter valued at about $25,000. Quent Capital LLC raised its holdings in 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 valued at $33,000 after buying an additional 622 shares during the period. Legacy Financial Group LLC purchased a new stake in Healthcare Realty Trust in the 3rd quarter valued at about $34,000. International Assets Investment Management LLC purchased a new stake in Healthcare Realty Trust in the 4th quarter valued at about $45,000. Finally, Global Retirement Partners LLC raised its holdings in 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 valued at $72,000 after buying an additional 2,242 shares during the period.

Healthcare Realty Trust Stock Performance

HR stock opened at $14.14 on Friday. The company’s 50 day moving average price is $13.77 and its 200 day moving average price is $15.07. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $20.32. The firm has a market capitalization of $5.39 billion, a price-to-earnings ratio of -19.11 and a beta of 0.79.

Healthcare Realty Trust (NYSE:HR) 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 analysts’ consensus estimates of $0.40 by ($0.51). The business had revenue of $330.40 million during the quarter, compared to analyst estimates of $334.32 million. Healthcare Realty Trust had a negative net margin of 20.71% and a negative return on equity of 3.87%. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period last year, the company earned $0.42 earnings per share. Equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Monday, February 26th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 8.77%. The ex-dividend date was Friday, February 23rd. Healthcare Realty Trust’s dividend payout ratio (DPR) is -167.57%.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of recent research reports. Wedbush lowered shares of Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $19.00 to $15.00 in a research note on Tuesday, February 20th. Stifel Nicolaus lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price target for the stock from $19.00 to $15.00 in a research note on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft initiated 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 target on the stock. JPMorgan Chase & Co. cut 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, Wells Fargo & Company cut 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. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Healthcare Realty Trust presently has an average rating of “Hold” and an average target price of $17.20.

Healthcare Realty Trust 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.