Deprince Race & Zollo Inc. purchased a new stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,320,757 shares of the real estate investment trust's stock, valued at approximately $39,337,000. Deprince Race & Zollo Inc. owned about 0.65% of Healthcare Realty Trust at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of HR. Norges Bank purchased a new position in shares of Healthcare Realty Trust in the 4th quarter valued at about $76,825,000. Lasalle Investment Management Securities LLC acquired a new stake in shares of Healthcare Realty Trust in the 4th quarter worth approximately $31,398,000. Northern Trust Corp grew its holdings in shares of Healthcare Realty Trust by 40.3% in the 4th quarter. Northern Trust Corp now owns 4,040,969 shares of the real estate investment trust's stock worth $68,494,000 after acquiring an additional 1,159,763 shares during the period. Candriam S.C.A. increased its stake in Healthcare Realty Trust by 201.4% in the 4th quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust's stock valued at $29,318,000 after purchasing an additional 1,155,745 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in Healthcare Realty Trust by 289.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust's stock worth $26,308,000 after purchasing an additional 1,153,657 shares during the last quarter.
Healthcare Realty Trust Stock Down 1.7%
Shares of HR traded down $0.25 on Tuesday, hitting $14.69. 1,394,772 shares of the stock traded hands, compared to its average volume of 3,205,732. Healthcare Realty Trust Incorporated has a 1 year low of $14.53 and a 1 year high of $18.90. The stock's 50 day moving average is $16.00 and its two-hundred day moving average is $16.70. The firm has a market capitalization of $5.15 billion, a P/E ratio of -8.25 and a beta of 0.92.
Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.39. The firm had revenue of $288.86 million for 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 quarterly revenue was down 9.2% on a year-over-year basis. During the same period last year, the company earned $0.39 EPS. Research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.
Healthcare Realty Trust Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 12th will be paid a dividend of $0.31 per share. The ex-dividend date is Monday, May 12th. This represents a $1.24 annualized dividend and a yield of 8.44%. Healthcare Realty Trust's dividend payout ratio is currently -113.76%.
Analyst Ratings Changes
Several research firms have weighed in on HR. Wells Fargo & Company lowered their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a report on Monday, March 10th. StockNews.com raised shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research note on Thursday, May 8th. Scotiabank reduced their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Finally, Wedbush dropped 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 note on Monday, May 5th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $17.00.
Check Out Our Latest Report on HR
Healthcare Realty Trust Profile
(
Free Report)
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.
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