Healthcare Realty Trust Incorporated (NYSE:HR) Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 21.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 53,501 shares of the real estate investment trust’s stock after buying an additional 9,467 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Healthcare Realty Trust were worth $907,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its position in Healthcare Realty Trust by 59.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 612 shares in the last quarter. Blue Trust Inc. grew its position in Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 925 shares in the last quarter. Synergy Investment Management LLC purchased a new position in Healthcare Realty Trust during the 4th quarter worth approximately $36,000. Lazard Asset Management LLC purchased a new position in Healthcare Realty Trust during the 4th quarter worth approximately $45,000. Finally, Jones Financial Companies Lllp grew its position in Healthcare Realty Trust by 68.7% during the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock worth $52,000 after purchasing an additional 1,249 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on HR shares. Wedbush decreased their target price on shares of Healthcare Realty Trust from $18.00 to $16.00 and set a “neutral” rating for the company in a research note on Monday, May 5th. Scotiabank decreased their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Wall Street Zen lowered shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 31st. Finally, Wells Fargo & Company decreased their target price on shares of Healthcare Realty Trust from $16.00 to $15.00 and set an “underweight” rating for the company in a research note on Monday, June 2nd. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and an average price target of $16.80.

Healthcare Realty Trust Stock Up 0.4%

Shares of NYSE:HR opened at $14.51 on Tuesday. Healthcare Realty Trust Incorporated has a 12-month low of $14.09 and a 12-month high of $18.90. The firm has a fifty day moving average of $15.14 and a two-hundred day moving average of $16.28. The firm has a market capitalization of $5.10 billion, a P/E ratio of -8.15 and a beta of 0.88.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data 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. The firm had revenue of $288.86 million during the quarter, compared to analysts’ expectations of $297.39 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. Healthcare Realty Trust’s revenue for the quarter was down 9.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.39 earnings per share. Equities research analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Monday, May 12th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 8.54%. The ex-dividend date of this dividend was Monday, May 12th. Healthcare Realty Trust’s dividend payout ratio is presently -113.76%.

Insider Buying and Selling

In other news, Director Thomas N. Bohjalian bought 2,500 shares of the business’s stock in a transaction on Tuesday, May 13th. The stock was purchased at an average price of $14.71 per share, with a total value of $36,775.00. Following the transaction, the director now directly owns 56,502 shares in the company, valued at approximately $831,144.42. The trade was a 4.63% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.37% of the stock is currently owned by corporate insiders.

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.