Cetera Investment Advisers Trims Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Cetera Investment Advisers trimmed its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 1.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 65,701 shares of the real estate investment trust’s stock after selling 844 shares during the period. Cetera Investment Advisers’ holdings in Healthcare Realty Trust were worth $1,114,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Smartleaf Asset Management LLC raised its holdings in shares of Healthcare Realty Trust by 59.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 612 shares during the last quarter. O Shaughnessy Asset Management LLC raised its holdings in shares of Healthcare Realty Trust by 6.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,530 shares of the real estate investment trust’s stock valued at $195,000 after buying an additional 706 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of Healthcare Realty Trust by 1.1% in the fourth quarter. Pacer Advisors Inc. now owns 70,776 shares of the real estate investment trust’s stock valued at $1,200,000 after buying an additional 786 shares during the last quarter. Park Avenue Securities LLC raised its holdings in shares of Healthcare Realty Trust by 4.1% in the fourth quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust’s stock valued at $342,000 after buying an additional 793 shares during the last quarter. Finally, Consolidated Portfolio Review Corp raised its holdings in shares of Healthcare Realty Trust by 1.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 55,333 shares of the real estate investment trust’s stock valued at $938,000 after buying an additional 808 shares during the last quarter.

Healthcare Realty Trust Stock Up 0.1%

Shares of Healthcare Realty Trust stock opened at $14.37 on Friday. Healthcare Realty Trust Incorporated has a 52-week low of $14.25 and a 52-week high of $18.90. The company’s 50-day simple moving average is $15.71 and its 200-day simple moving average is $16.56. The firm has a market cap of $5.05 billion, a price-to-earnings ratio of -8.07 and a beta of 0.92.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.39. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The business had revenue of $288.86 million for the quarter, compared to analyst estimates of $297.39 million. During the same period in the previous year, the business posted $0.39 earnings per share. The business’s revenue was down 9.2% compared to the same quarter last year. Equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 12th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.24 annualized dividend and a yield of 8.63%. Healthcare Realty Trust’s payout ratio is currently -113.76%.

Insiders Place Their Bets

In related news, Director Thomas N. Bohjalian bought 2,500 shares of the stock in a transaction on Tuesday, May 13th. The shares were bought at an average cost of $14.71 per share, for a total transaction of $36,775.00. Following the completion of the transaction, the director now owns 56,502 shares of the company’s stock, valued at $831,144.42. This represents a 4.63% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.37% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company reduced their target price on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a report on Monday, March 10th. Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Wednesday. Scotiabank dropped their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Finally, Wedbush dropped their price target on shares of Healthcare Realty Trust from $18.00 to $16.00 and set a “neutral” rating on the stock in a research note on Monday, May 5th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $17.00.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.