284,350 Shares in Healthcare Realty Trust Incorporated (NYSE:HR) Acquired by 13D Management LLC

13D Management LLC bought a new position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 284,350 shares of the real estate investment trust's stock, valued at approximately $4,820,000. Healthcare Realty Trust comprises 3.6% of 13D Management LLC's holdings, making the stock its 18th biggest holding. 13D Management LLC owned approximately 0.08% of Healthcare Realty Trust as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC boosted its stake in shares of Healthcare Realty Trust by 116.2% during the 3rd quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust's stock worth $13,117,000 after acquiring an additional 388,305 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Healthcare Realty Trust in the third quarter valued at approximately $78,000. Franklin Resources Inc. raised its stake in shares of Healthcare Realty Trust by 3.6% during the 3rd quarter. Franklin Resources Inc. now owns 180,958 shares of the real estate investment trust's stock worth $3,160,000 after buying an additional 6,238 shares during the period. Capital Investment Advisors LLC raised its stake in shares of Healthcare Realty Trust by 31.0% during 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 buying an additional 111,125 shares during the period. Finally, Park Avenue Securities LLC lifted its position in shares of Healthcare Realty Trust by 4.1% during the 4th quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust's stock valued at $342,000 after buying an additional 793 shares in the last quarter.

Healthcare Realty Trust Price Performance

Shares of HR traded down $0.15 during mid-day trading on Monday, reaching $15.06. The stock had a trading volume of 3,515,667 shares, compared to its average volume of 3,263,331. The firm has a market cap of $5.28 billion, a price-to-earnings ratio of -8.46 and a beta of 0.92. The business's fifty day moving average is $16.20 and its 200 day moving average is $16.82. Healthcare Realty Trust Incorporated has a 52-week low of $14.53 and a 52-week high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. The company had revenue of $288.86 million during the quarter, compared to analyst estimates of $297.39 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm's revenue for the quarter was down 9.2% compared to the same quarter last year. During the same period in the prior year, the business posted $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 fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Monday, May 12th will be issued a $0.31 dividend. The ex-dividend date is Monday, May 12th. This represents a $1.24 annualized dividend and a yield of 8.23%. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -113.76%.

Analyst Ratings Changes

A number of equities analysts have weighed in on HR shares. Wedbush reduced their price objective on shares of Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating for the company in a research report on Monday. StockNews.com raised shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research note on Wednesday, April 30th. Scotiabank decreased their target price on 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. Finally, Wells Fargo & Company reduced their price objective on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a research note on Monday, March 10th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $17.00.

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.