13D Management LLC Takes $4.82 Million Position in Healthcare Realty Trust Incorporated (NYSE:HR)

13D Management LLC acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 284,350 shares of the real estate investment trust's stock, valued at approximately $4,820,000. Healthcare Realty Trust makes up about 3.6% of 13D Management LLC's holdings, making the stock its 18th biggest position. 13D Management LLC owned 0.08% of Healthcare Realty Trust at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in HR. Smartleaf Asset Management LLC lifted its stake in Healthcare Realty Trust by 59.0% in the 4th 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 last quarter. Blue Trust Inc. raised its stake in Healthcare Realty Trust by 130.3% during the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock worth $30,000 after buying an additional 925 shares during the last quarter. Synergy Investment Management LLC acquired a new stake in shares of Healthcare Realty Trust during the 4th quarter worth approximately $36,000. Jones Financial Companies Lllp raised its holdings in shares of Healthcare Realty Trust by 68.7% during 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 purchasing an additional 1,249 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Healthcare Realty Trust during the third quarter valued at approximately $78,000.

Analyst Ratings Changes

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

Healthcare Realty Trust Stock Up 0.7 %

NYSE:HR traded up $0.11 during trading hours on Wednesday, hitting $15.30. 876,748 shares of the company's stock traded hands, compared to its average volume of 3,227,987. The firm has a market cap of $5.37 billion, a P/E ratio of -8.59 and a beta of 0.92. The business's fifty day simple moving average is $16.13 and its two-hundred day simple moving average is $16.79. 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 announced its earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share (EPS) 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 net margin of 51.60% and a negative return on equity of 11.20%. The firm's quarterly revenue was down 9.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.39 earnings per share. On average, analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Monday, May 12th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.11%. The ex-dividend date is Monday, May 12th. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -113.76%.

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.