Armor Investment Advisors LLC Sells 45,903 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Armor Investment Advisors LLC reduced its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 34.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 87,286 shares of the real estate investment trust's stock after selling 45,903 shares during the quarter. Armor Investment Advisors LLC's holdings in Healthcare Realty Trust were worth $1,475,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HR. Proficio Capital Partners LLC acquired a new position in Healthcare Realty Trust in the fourth quarter valued at approximately $440,000. Raymond James Financial Inc. acquired a new position in Healthcare Realty Trust in the fourth quarter valued at approximately $3,019,000. HighTower Advisors LLC lifted its stake in Healthcare Realty Trust by 4.3% in the fourth quarter. HighTower Advisors LLC now owns 72,650 shares of the real estate investment trust's stock valued at $1,231,000 after buying an additional 3,024 shares during the period. Natixis Advisors LLC lifted its stake in Healthcare Realty Trust by 212.7% in the fourth quarter. Natixis Advisors LLC now owns 106,515 shares of the real estate investment trust's stock valued at $1,805,000 after buying an additional 72,457 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in Healthcare Realty Trust by 5.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 27,825 shares of the real estate investment trust's stock valued at $472,000 after buying an additional 1,360 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on HR shares. Wells Fargo & Company lowered their target price on Healthcare Realty Trust from $16.00 to $15.00 and set an "underweight" rating on the stock in a research report on Monday, June 2nd. JPMorgan Chase & Co. lowered their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating on the stock in a research report on Thursday, June 26th. Wall Street Zen lowered Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, May 31st. Finally, Wedbush lowered 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. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat, Healthcare Realty Trust currently has a consensus rating of "Hold" and an average price target of $16.40.

Healthcare Realty Trust Stock Down 0.2%

NYSE HR traded down $0.03 during trading hours on Friday, reaching $16.17. 4,103,587 shares of the company were exchanged, compared to its average volume of 3,227,163. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $18.90. The business's 50 day simple moving average is $15.16 and its 200-day simple moving average is $15.90. The stock has a market capitalization of $5.68 billion, a P/E ratio of -14.83 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 earnings per share for the quarter, hitting the consensus estimate 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 during the quarter, compared to the consensus estimate of $297.39 million. During the same quarter in the prior year, the company earned $0.39 EPS. The firm's quarterly revenue was down 9.2% compared to the same quarter last year. As a group, sell-side 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 declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 12th were issued a $0.31 dividend. The ex-dividend date was Monday, May 12th. This represents a $1.24 annualized dividend and a dividend yield of 7.67%. Healthcare Realty Trust's payout ratio is currently -113.76%.

Insider Buying and Selling at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 2,500 shares of the stock in a transaction on 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 acquisition, the director directly owned 56,502 shares in the company, valued at approximately $831,144.42. The trade was a 4.63% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.37% of the stock is currently owned by insiders.

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.