California State Teachers Retirement System Trims Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

California State Teachers Retirement System lessened its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 339,010 shares of the real estate investment trust's stock after selling 19,395 shares during the period. California State Teachers Retirement System owned approximately 0.10% of Healthcare Realty Trust worth $5,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC grew its position in Healthcare Realty Trust by 59.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 612 shares during the period. Blue Trust Inc. grew its position in Healthcare Realty Trust by 130.3% during the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 925 shares during the period. Synergy Investment Management LLC acquired a new stake in Healthcare Realty Trust during the fourth quarter valued at $36,000. Lazard Asset Management LLC acquired a new stake in Healthcare Realty Trust during the fourth quarter valued at $45,000. Finally, Jones Financial Companies Lllp grew its position in Healthcare Realty Trust by 68.7% during 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 period.

Healthcare Realty Trust Price Performance

HR traded down $0.07 on Thursday, reaching $14.18. 1,507,205 shares of the company's stock were exchanged, compared to its average volume of 3,137,477. The stock has a market cap of $4.98 billion, a PE ratio of -7.96 and a beta of 0.92. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.90. The stock's fifty day moving average price is $15.24 and its 200-day moving average price is $16.34.

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

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Monday, May 12th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, May 12th. This represents a $1.24 dividend on an annualized basis and a yield of 8.75%. Healthcare Realty Trust's payout ratio is presently -113.76%.

Insider Buying and Selling

In other news, Director Thomas N. Bohjalian bought 2,500 shares of Healthcare Realty Trust stock in a transaction on Tuesday, May 13th. The shares were bought at an average cost of $14.71 per share, with a total value of $36,775.00. Following the completion of the purchase, the director now directly owns 56,502 shares of the company's stock, valued at approximately $831,144.42. This trade represents a 4.63% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.37% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

HR has been the topic of several research analyst reports. Wall Street Zen lowered shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, May 31st. Wedbush dropped 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 research report on Monday, May 5th. Scotiabank dropped their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Finally, Wells Fargo & Company dropped their target price on shares of Healthcare Realty Trust from $16.00 to $15.00 and set an "underweight" rating on the stock in a research report on Monday. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $16.80.

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.