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Ensign Peak Advisors Inc Sells 40,935 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Healthcare Realty Trust logo with Finance background

Ensign Peak Advisors Inc decreased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 19.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 172,879 shares of the real estate investment trust's stock after selling 40,935 shares during the quarter. Ensign Peak Advisors Inc's holdings in Healthcare Realty Trust were worth $2,930,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in Healthcare Realty Trust during the 4th quarter worth about $76,825,000. Deprince Race & Zollo Inc. bought a new position in shares of Healthcare Realty Trust during the 4th quarter worth approximately $39,337,000. Lasalle Investment Management Securities LLC bought a new position in shares of Healthcare Realty Trust during the 4th quarter worth approximately $31,398,000. Northern Trust Corp lifted its position in 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 acquiring an additional 1,159,763 shares during the last quarter. Finally, Candriam S.C.A. lifted its position in Healthcare Realty Trust by 201.4% during the fourth quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust's stock worth $29,318,000 after acquiring an additional 1,155,745 shares during the last quarter.

Insider Transactions at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian bought 2,500 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were 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 directly owns 56,502 shares in the company, valued at approximately $831,144.42. This represents a 4.63% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.37% of the stock is owned by company insiders.

Healthcare Realty Trust Price Performance

NYSE:HR traded up $0.12 during mid-day trading on Monday, reaching $15.13. The stock had a trading volume of 2,470,478 shares, compared to its average volume of 3,176,543. The stock has a 50-day simple moving average of $15.85 and a two-hundred day simple moving average of $16.62. The stock has a market capitalization of $5.32 billion, a PE ratio of -8.50 and a beta of 0.92. Healthcare Realty Trust Incorporated has a 12 month low of $14.45 and a 12 month high of $18.90.

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, meeting analysts' consensus estimates of $0.39. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The firm had revenue of $288.86 million for the quarter, compared to analyst estimates of $297.39 million. During the same quarter last year, the business posted $0.39 earnings per share. The company's quarterly revenue was down 9.2% on a year-over-year basis. Equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

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 issued a dividend of $0.31 per share. The ex-dividend date is Monday, May 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.20%. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -113.76%.

Wall Street Analysts Forecast Growth

HR has been the subject of several research reports. Scotiabank cut 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 research report on Tuesday, February 25th. Wedbush lowered their target price on shares of Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a report on Monday, May 5th. StockNews.com raised shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Finally, Wells Fargo & Company lowered 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 report on Monday, March 10th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company's stock. Based on data from MarketBeat.com, Healthcare Realty Trust has an average rating of "Hold" and a consensus target price of $17.00.

Get Our Latest Stock Analysis on Healthcare Realty Trust

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.

See Also

Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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