Capital Investment Advisors LLC Purchases 86,970 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Capital Investment Advisors LLC boosted its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 18.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 556,293 shares of the real estate investment trust's stock after purchasing an additional 86,970 shares during the quarter. Capital Investment Advisors LLC owned about 0.16% of Healthcare Realty Trust worth $9,401,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HR. Blue Trust Inc. raised its stake in shares of 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 worth $30,000 after buying an additional 925 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in 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 acquiring an additional 612 shares during the period. Synergy Investment Management LLC bought a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at $36,000. Lazard Asset Management LLC acquired a new position in shares of Healthcare Realty Trust in the 4th quarter valued at $45,000. Finally, UMB Bank n.a. lifted its stake in shares of Healthcare Realty Trust by 73.3% in the 1st quarter. UMB Bank n.a. now owns 3,024 shares of the real estate investment trust's stock valued at $51,000 after purchasing an additional 1,279 shares during the period.

Healthcare Realty Trust Price Performance

NYSE HR opened at $14.46 on Friday. Healthcare Realty Trust Incorporated has a one year low of $14.09 and a one year high of $18.90. The firm has a market cap of $5.08 billion, a P/E ratio of -8.12 and a beta of 0.88. The stock's 50-day moving average is $15.19 and its 200-day moving average is $16.31.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly 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 in the previous year, the firm posted $0.39 earnings per share. The business's revenue was down 9.2% on a year-over-year basis. Equities analysts anticipate 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. Stockholders 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 dividend on an annualized basis and a dividend yield of 8.58%. Healthcare Realty Trust's dividend payout ratio (DPR) is -113.76%.

Insider Activity

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 2,500 shares of the business's stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average price of $14.71 per share, with a total value of $36,775.00. Following the completion of the transaction, the director now directly owns 56,502 shares in the company, valued at $831,144.42. This trade represents a 4.63% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.37% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on HR. Wells Fargo & Company dropped their price objective on Healthcare Realty Trust from $16.00 to $15.00 and set an "underweight" rating for the company in a report on Monday, June 2nd. Wedbush lowered their price target on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating for the company in a research note on Monday, May 5th. Wall Street Zen lowered shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st. Finally, Scotiabank cut 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 report on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $16.80.

Healthcare Realty Trust Company 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.

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