Slagle Financial LLC Raises Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Slagle Financial LLC lifted its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 10.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 198,779 shares of the real estate investment trust’s stock after acquiring an additional 18,236 shares during the period. Healthcare Realty Trust makes up approximately 1.5% of Slagle Financial LLC’s portfolio, making the stock its 22nd largest position. Slagle Financial LLC’s holdings in Healthcare Realty Trust were worth $3,369,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its position in 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 purchasing an additional 612 shares during the period. Blue Trust Inc. boosted its position in 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 worth $30,000 after purchasing an additional 925 shares during the last quarter. Synergy Investment Management LLC bought a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at about $36,000. Jones Financial Companies Lllp increased its position in shares of 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 valued at $52,000 after purchasing an additional 1,249 shares during the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in shares of Healthcare Realty Trust in the 3rd quarter worth approximately $65,000.

Analyst Ratings Changes

A number of analysts have 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. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price on the stock. in a research report on Friday, December 20th. Scotiabank reduced their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their price objective for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Finally, StockNews.com lowered shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $17.00.

Healthcare Realty Trust Trading Up 0.3 %

HR opened at $16.76 on Friday. The business’s fifty day simple moving average is $16.65 and its 200-day simple moving average is $17.24. The company has a market capitalization of $5.88 billion, a price-to-earnings ratio of -9.41 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 12-month low of $13.64 and a 12-month 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 for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. The company had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. Healthcare Realty Trust’s revenue was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.39 earnings per share. On average, equities research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.40%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -69.66%.

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.