Handelsbanken Fonder AB Decreases Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Handelsbanken Fonder AB reduced its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 30.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 112,036 shares of the real estate investment trust’s stock after selling 48,500 shares during the period. Handelsbanken Fonder AB’s holdings in Healthcare Realty Trust were worth $1,899,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pzena Investment Management LLC purchased a new stake in Healthcare Realty Trust during the third quarter worth $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Healthcare Realty Trust by 358.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust’s stock worth $38,879,000 after buying an additional 1,674,583 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in Healthcare Realty Trust by 289.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust’s stock valued at $26,308,000 after purchasing an additional 1,153,657 shares during the last quarter. Barclays PLC raised its position in shares of Healthcare Realty Trust by 116.2% in the third quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust’s stock valued at $13,117,000 after buying an additional 388,305 shares during the last quarter. Finally, Capital Investment Advisors LLC lifted its stake in Healthcare Realty Trust by 31.0% in the 4th quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust’s stock worth $7,955,000 after purchasing an additional 111,125 shares in the last quarter.

Insider Buying and Selling at Healthcare Realty Trust

In other news, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was bought at an average cost of $17.21 per share, with a total value of $172,100.00. Following the transaction, the director now directly owns 26,576 shares in the company, valued at approximately $457,372.96. This represents a 60.33 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.56% of the stock is currently owned by insiders.

Healthcare Realty Trust Stock Up 0.4 %

Shares of NYSE:HR opened at $16.89 on Wednesday. The company has a 50-day moving average price of $16.63 and a 200 day moving average price of $17.38. The company has a market cap of $5.98 billion, a P/E ratio of -9.49 and a beta of 0.94. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. 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 $309.77 million during the quarter, compared to the consensus estimate of $303.81 million. During the same quarter last year, the firm posted $0.39 EPS. The business’s revenue was down 6.3% compared to the same quarter last year. Analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.34%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust’s payout ratio is -69.66%.

Analyst Ratings Changes

A number of equities analysts have commented on HR shares. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their target price for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wedbush reissued an “outperform” rating and set a $16.00 target price on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. StockNews.com raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Tuesday. Scotiabank lowered their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research report on Tuesday. Finally, JPMorgan Chase & Co. cut Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a report on Friday, December 20th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $17.20.

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.