AdvisorShares Investments LLC Invests $456,000 in Healthcare Realty Trust Incorporated (NYSE:HR)

AdvisorShares Investments LLC bought a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 26,900 shares of the real estate investment trust's stock, valued at approximately $456,000.

Other hedge funds have also made changes to their positions in the company. Northern Trust Corp lifted its holdings in shares of Healthcare Realty Trust by 40.3% during the fourth quarter. Northern Trust Corp now owns 4,040,969 shares of the real estate investment trust's stock worth $68,494,000 after purchasing an additional 1,159,763 shares during the period. Pinebridge Investments L.P. lifted its stake in shares of Healthcare Realty Trust by 42.7% in the 4th quarter. Pinebridge Investments L.P. now owns 113,709 shares of the real estate investment trust's stock worth $1,927,000 after acquiring an additional 34,018 shares during the period. Quantessence Capital LLC purchased a new stake in shares of Healthcare Realty Trust in the fourth quarter valued at about $359,000. Stifel Financial Corp increased its stake in shares of Healthcare Realty Trust by 48.3% during the fourth quarter. Stifel Financial Corp now owns 125,665 shares of the real estate investment trust's stock worth $2,130,000 after acquiring an additional 40,937 shares during the period. Finally, Lasalle Investment Management Securities LLC acquired a new stake in Healthcare Realty Trust in the fourth quarter valued at about $31,398,000.

Healthcare Realty Trust Stock Down 4.1 %

Shares of HR traded down $0.65 on Friday, reaching $15.24. The stock had a trading volume of 6,866,860 shares, compared to its average volume of 3,263,197. The firm has a 50-day moving average of $16.20 and a 200 day moving average of $16.84. The firm has a market capitalization of $5.35 billion, a PE ratio of -8.56 and a beta of 0.92. Healthcare Realty Trust Incorporated has a twelve month low of $14.53 and a twelve month high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The company had revenue of $288.86 million for the quarter, compared to analyst estimates of $297.39 million. During the same quarter in the prior year, the company earned $0.39 earnings per share. Healthcare Realty Trust's revenue was down 9.2% compared to the same quarter last year. On average, sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Monday, May 12th will be given a $0.31 dividend. The ex-dividend date is Monday, May 12th. This represents a $1.24 annualized dividend and a dividend yield of 8.14%. Healthcare Realty Trust's dividend payout ratio is presently -113.76%.

Analyst Ratings Changes

A number of brokerages have weighed in on HR. 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 report on Monday, March 10th. Wedbush upgraded Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research note on Monday, April 7th. Scotiabank cut their price objective 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. Finally, StockNews.com raised shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research note on Wednesday. One analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $17.00.

Healthcare Realty Trust 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.