Capstone Investment Advisors LLC Buys Shares of 20,724 Healthcare Realty Trust Incorporated (NYSE:HR)

Capstone Investment Advisors LLC acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 20,724 shares of the real estate investment trust's stock, valued at approximately $351,000.

Other large investors have also modified their holdings of the company. Smartleaf Asset Management LLC raised its position in Healthcare Realty Trust by 59.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 612 shares during the period. Blue Trust Inc. raised its position in shares of Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 925 shares during the last quarter. Synergy Investment Management LLC purchased a new position in Healthcare Realty Trust in the 4th quarter valued at about $36,000. Jones Financial Companies Lllp lifted its stake in Healthcare Realty Trust by 68.7% in the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 1,249 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Healthcare Realty Trust in the 3rd quarter worth about $78,000.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR traded up $0.04 during midday trading on Friday, reaching $15.36. 2,384,698 shares of the stock were exchanged, compared to its average volume of 3,206,609. The stock has a market capitalization of $5.39 billion, a P/E ratio of -8.63 and a beta of 0.92. The company has a 50 day simple moving average of $16.03 and a 200 day simple moving average of $16.74. 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 EPS for the quarter, meeting analysts' consensus estimates of $0.39. The company had revenue of $288.86 million for the quarter, compared to the consensus estimate 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 company's revenue for the quarter was down 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 earnings per share. On average, research analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently declared 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 8.07%. The ex-dividend date of this dividend is Monday, May 12th. Healthcare Realty Trust's dividend payout ratio (DPR) is -113.76%.

Analysts Set New Price Targets

HR has been the topic of several research reports. Wedbush decreased their target price on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a research report on Monday, May 5th. Scotiabank dropped their target price on shares of 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. StockNews.com upgraded shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday. Finally, Wells Fargo & Company decreased their target price on shares of 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 investment analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat.com, Healthcare Realty Trust has an average rating of "Hold" and an average price target of $17.00.

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.