147,709 Shares in Healthcare Realty Trust Incorporated (NYSE:HR) Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets bought a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 147,709 shares of the real estate investment trust's stock, valued at approximately $2,504,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HR. Algert Global LLC boosted its stake in shares of Healthcare Realty Trust by 591.5% in the 4th quarter. Algert Global LLC now owns 179,227 shares of the real estate investment trust's stock valued at $3,038,000 after purchasing an additional 153,307 shares during the last quarter. 13D Management LLC acquired a new position in Healthcare Realty Trust in the fourth quarter valued at $4,820,000. Gallagher Fiduciary Advisors LLC lifted its holdings in Healthcare Realty Trust by 11.0% in the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 45,327 shares of the real estate investment trust's stock valued at $768,000 after buying an additional 4,488 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in Healthcare Realty Trust by 107.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 42,585 shares of the real estate investment trust's stock valued at $722,000 after acquiring an additional 22,069 shares during the last quarter. Finally, One68 Global Capital LLC acquired a new stake in Healthcare Realty Trust during the 4th quarter worth about $170,000.

Healthcare Realty Trust Stock Up 0.1%

NYSE:HR traded up $0.02 on Thursday, hitting $14.38. The stock had a trading volume of 371,007 shares, compared to its average volume of 3,161,301. Healthcare Realty Trust Incorporated has a 52 week low of $14.25 and a 52 week high of $18.90. The business's fifty day moving average is $15.76 and its 200 day moving average is $16.58. The company has a market cap of $5.05 billion, a PE ratio of -8.06 and a beta of 0.92.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting analysts' consensus estimates 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 period in the prior year, the firm earned $0.39 earnings per share. Healthcare Realty Trust's revenue for the quarter was down 9.2% on a year-over-year basis. Equities analysts predict 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 disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Monday, May 12th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.63%. The ex-dividend date of this dividend is Monday, May 12th. Healthcare Realty Trust's dividend payout ratio is currently -113.76%.

Insider Activity

In related news, Director Thomas N. Bohjalian purchased 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average price of $14.71 per share, for a total transaction of $36,775.00. Following the completion of the acquisition, the director now owns 56,502 shares of the company's stock, valued at $831,144.42. This represents a 4.63% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.37% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Scotiabank dropped their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. Wells Fargo & Company dropped their price target 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. 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, May 5th. Finally, StockNews.com upgraded shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to data from MarketBeat, the company has a consensus 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.