Commerzbank Aktiengesellschaft FI Grows Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Commerzbank Aktiengesellschaft FI grew its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 59.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 47,138 shares of the real estate investment trust’s stock after acquiring an additional 17,505 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Healthcare Realty Trust were worth $784,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in HR. Smartleaf Asset Management LLC lifted its position 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 acquiring an additional 612 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Healthcare Realty Trust by 130.3% in the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 925 shares in the last quarter. Synergy Investment Management LLC purchased a new position in shares of Healthcare Realty Trust in the fourth quarter valued at approximately $36,000. Jones Financial Companies Lllp lifted 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 valued at $52,000 after acquiring an additional 1,249 shares in the last quarter. Finally, Point72 Hong Kong Ltd purchased a new position in shares of Healthcare Realty Trust in the third quarter valued at approximately $65,000.

Insider Transactions at Healthcare Realty Trust

In other news, COO Robert E. Hull sold 10,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total transaction of $174,800.00. Following the completion of the transaction, the chief operating officer now directly owns 171,400 shares in the company, valued at $2,996,072. This trade represents a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.56% of the company’s stock.

Analyst Ratings Changes

HR has been the topic of several research reports. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their target price for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Scotiabank cut their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. JPMorgan Chase & Co. cut Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday, December 20th. Wedbush reaffirmed an “outperform” rating and issued a $16.00 price target on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Finally, StockNews.com cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and a consensus target price of $17.20.

Healthcare Realty Trust Stock Down 0.6 %

HR stock opened at $16.69 on Wednesday. The business has a fifty day moving average of $16.63 and a two-hundred day moving average of $17.36. The stock has a market cap of $5.86 billion, a price-to-earnings ratio of -9.38 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 posted its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.01. The company had revenue of $309.77 million during the quarter, compared to analysts’ expectations of $303.81 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 earnings per share. As a group, sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 7.43%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -69.66%.

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.