Financial Harvest LLC Invests $4.39 Million in Healthcare Realty Trust Incorporated (NYSE:HR)

Financial Harvest LLC acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 259,977 shares of the real estate investment trust's stock, valued at approximately $4,394,000. Healthcare Realty Trust makes up approximately 2.9% of Financial Harvest LLC's portfolio, making the stock its 9th largest holding. Financial Harvest LLC owned about 0.07% of Healthcare Realty Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Private Advisor Group LLC raised its position in Healthcare Realty Trust by 3.8% in the 1st quarter. Private Advisor Group LLC now owns 25,051 shares of the real estate investment trust's stock valued at $423,000 after purchasing an additional 920 shares during the last quarter. Commerzbank Aktiengesellschaft FI increased its holdings in shares of Healthcare Realty Trust by 18.3% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 55,787 shares of the real estate investment trust's stock valued at $943,000 after purchasing an additional 8,649 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in Healthcare Realty Trust in the 1st quarter worth about $100,817,000. OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of Healthcare Realty Trust during the 1st quarter worth approximately $2,934,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in Healthcare Realty Trust during the first quarter worth about $196,000.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian acquired 2,500 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were purchased at an average price of $14.71 per share, with a total value of $36,775.00. Following the transaction, the director directly owned 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.37% of the stock is currently owned by insiders.

Healthcare Realty Trust Price Performance

Shares of NYSE:HR traded up $0.11 during trading on Monday, hitting $16.29. The company's stock had a trading volume of 1,080,683 shares, compared to its average volume of 3,218,827. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.90. The company has a 50-day moving average of $15.16 and a 200-day moving average of $15.90. The firm has a market cap of $5.72 billion, a price-to-earnings ratio of -14.94 and a beta of 0.89.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 EPS for the quarter, hitting analysts' consensus estimates of $0.39. Healthcare Realty Trust had a negative return on equity of 7.06% and a negative net margin of 31.32%. The company had revenue of $288.86 million for the quarter, compared to analysts' expectations of $297.39 million. During the same period in the previous year, the firm earned $0.39 EPS. The firm's revenue was down 9.2% compared to the same quarter last year. As a group, research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Monday, May 12th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 7.61%. The ex-dividend date was Monday, May 12th. Healthcare Realty Trust's payout ratio is currently -113.76%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on HR shares. Wedbush dropped their price objective on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a research note on Monday, May 5th. Wells Fargo & Company decreased their price objective on shares of Healthcare Realty Trust from $16.00 to $15.00 and set an "underweight" rating for the company in a research note on Monday, June 2nd. JPMorgan Chase & Co. dropped their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating on the stock in a research note on Thursday, June 26th. Finally, Wall Street Zen downgraded shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, May 31st. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $16.40.

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.