Integrated Advisors Network LLC Acquires Shares of 10,202 Healthcare Realty Trust Incorporated (NYSE:HR)

Integrated Advisors Network LLC acquired a new stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,202 shares of the real estate investment trust’s stock, valued at approximately $172,000.

Several other institutional investors have also added to or reduced their stakes in HR. Smartleaf Asset Management LLC increased its position in shares of Healthcare Realty Trust by 59.0% during 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 period. Synergy Investment Management LLC bought a new position in shares of Healthcare Realty Trust in the fourth quarter worth approximately $36,000. Lazard Asset Management LLC bought a new position in shares of Healthcare Realty Trust in the fourth quarter worth approximately $45,000. UMB Bank n.a. increased its position in shares of Healthcare Realty Trust by 73.3% in the first quarter. UMB Bank n.a. now owns 3,024 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 1,279 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of Healthcare Realty Trust by 68.7% in the fourth 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 during the last quarter.

Healthcare Realty Trust Price Performance

Shares of NYSE HR opened at $14.93 on Monday. Healthcare Realty Trust Incorporated has a one year low of $14.09 and a one year high of $18.90. The firm’s 50 day simple moving average is $15.06 and its two-hundred day simple moving average is $16.19. The stock has a market capitalization of $5.25 billion, a P/E ratio of -8.39 and a beta of 0.88.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 EPS for the quarter, meeting 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 analysts’ expectations of $297.39 million. During the same period last year, the business earned $0.39 earnings per share. The business’s quarterly revenue was down 9.2% on a year-over-year basis. As a group, equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 12th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 8.31%. The ex-dividend date was Monday, May 12th. Healthcare Realty Trust’s payout ratio is currently -113.76%.

Insider Buying and Selling at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian bought 2,500 shares of the business’s stock in a transaction dated Tuesday, May 13th. The shares were purchased at an average price of $14.71 per share, for a total transaction of $36,775.00. Following the completion of the acquisition, the director now owns 56,502 shares of the company’s stock, valued at approximately $831,144.42. This trade represents a 4.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.37% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on HR. Wells Fargo & Company decreased their price objective on shares of Healthcare Realty Trust from $16.00 to $15.00 and set an “underweight” rating on the stock in a research report on Monday, June 2nd. Wedbush decreased their price objective on shares of Healthcare Realty Trust from $18.00 to $16.00 and set a “neutral” rating on the stock in a research report on Monday, May 5th. Wall Street Zen cut shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 31st. Finally, Scotiabank decreased their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $16.80.

About Healthcare Realty Trust

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.