AlphaCore Capital LLC Invests $375,000 in Healthcare Realty Trust Incorporated (NYSE:HR)

AlphaCore Capital LLC acquired a new position 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 22,112 shares of the real estate investment trust's stock, valued at approximately $375,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its position in shares of Healthcare Realty Trust by 59.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 612 shares during the period. Blue Trust Inc. grew its stake in 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 buying an additional 925 shares during the last quarter. Synergy Investment Management LLC acquired a new stake in Healthcare Realty Trust in the fourth quarter worth $36,000. Lazard Asset Management LLC bought a new stake in Healthcare Realty Trust in the fourth quarter valued at $45,000. Finally, Jones Financial Companies Lllp lifted its stake in Healthcare Realty Trust by 68.7% in the fourth 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 during the last quarter.

Insider Buying and Selling at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 2,500 shares of Healthcare Realty Trust stock in a transaction dated Tuesday, May 13th. The stock was bought at an average price of $14.71 per share, for a total transaction of $36,775.00. Following 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 acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.37% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Wells Fargo & Company dropped their price objective 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. Scotiabank decreased 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 research report on Tuesday, February 25th. Wedbush cut their price target on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a report on Monday, May 5th. Finally, Wall Street Zen upgraded Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Wednesday, May 21st. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $17.00.

Healthcare Realty Trust Trading Up 0.7%

HR traded up $0.11 on Thursday, reaching $14.54. The company had a trading volume of 1,772,887 shares, compared to its average volume of 3,161,440. The company has a market capitalization of $5.11 billion, a P/E ratio of -8.17 and a beta of 0.92. The company has a fifty day moving average of $15.53 and a 200-day moving average of $16.47. Healthcare Realty Trust Incorporated has a one year low of $14.25 and a one year high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly 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 net margin of 51.60% and a negative return on equity of 11.20%. The company had revenue of $288.86 million during the quarter, compared to analyst estimates of $297.39 million. During the same period in the prior year, the business posted $0.39 EPS. The business's revenue for the quarter was down 9.2% compared to the same quarter last year. Research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 12th were paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 8.53%. The ex-dividend date was Monday, May 12th. Healthcare Realty Trust's payout ratio is currently -113.76%.

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.