Cresset Asset Management LLC Makes New $356,000 Investment in Healthcare Realty Trust Incorporated (NYSE:HR)

Cresset Asset Management LLC bought a new position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 21,012 shares of the real estate investment trust's stock, valued at approximately $356,000.

Several other institutional investors have also recently made changes to their positions in the company. Capstone Investment Advisors LLC bought a new stake in shares of Healthcare Realty Trust in the 4th quarter worth about $351,000. BNP Paribas Financial Markets bought a new stake in shares of Healthcare Realty Trust in the 4th quarter worth about $2,504,000. Algert Global LLC lifted its holdings 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 worth $3,038,000 after acquiring an additional 153,307 shares during the last quarter. 13D Management LLC bought a new stake in Healthcare Realty Trust during the 4th quarter valued at about $4,820,000. Finally, Gallagher Fiduciary Advisors LLC lifted its holdings in Healthcare Realty Trust by 11.0% during the 4th 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 in the last quarter.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HR shares. Wells Fargo & Company decreased their price objective on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a report on Monday, March 10th. Wedbush decreased 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 report on Monday, May 5th. StockNews.com upgraded shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Finally, Scotiabank decreased their price objective 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. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $17.00.

Healthcare Realty Trust Stock Up 1.6%

Shares of NYSE:HR opened at $15.03 on Friday. The firm has a 50 day moving average of $15.85 and a 200 day moving average of $16.63. The company has a market capitalization of $5.27 billion, a price-to-earnings ratio of -8.44 and a beta of 0.92. Healthcare Realty Trust Incorporated has a 52 week low of $14.45 and a 52 week 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, hitting analysts' consensus estimates 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 return on equity of 11.20% and a negative net margin of 51.60%. Healthcare Realty Trust's revenue was down 9.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.39 earnings per share. On average, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 12th will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.24 dividend on an annualized basis and a yield of 8.25%. Healthcare Realty Trust's dividend payout ratio is currently -113.76%.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 2,500 shares of Healthcare Realty Trust stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average cost of $14.71 per share, with a total value of $36,775.00. Following the completion of the transaction, the director now owns 56,502 shares in the company, valued at approximately $831,144.42. This trade represents a 4.63% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.37% of the stock is owned by company insiders.

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.

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