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

Capital Investment Advisors LLC boosted its position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 18.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 556,293 shares of the real estate investment trust's stock after acquiring an additional 86,970 shares during the period. Capital Investment Advisors LLC owned 0.16% of Healthcare Realty Trust worth $9,401,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Starboard Value LP bought a new stake in Healthcare Realty Trust during the 4th quarter valued at $342,110,000. Norges Bank bought a new stake in shares of Healthcare Realty Trust during the fourth quarter worth about $76,825,000. Rush Island Management LP raised its holdings in shares of Healthcare Realty Trust by 21.2% in the 4th quarter. Rush Island Management LP now owns 15,681,440 shares of the real estate investment trust's stock worth $265,800,000 after acquiring an additional 2,747,848 shares during the last quarter. Deprince Race & Zollo Inc. bought a new position in Healthcare Realty Trust in the 4th quarter valued at about $39,337,000. Finally, Lasalle Investment Management Securities LLC bought a new position in Healthcare Realty Trust in the 4th quarter valued at about $31,398,000.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 2,500 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was bought at an average cost of $14.71 per share, with a total value of $36,775.00. Following the acquisition, the director now owns 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 purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.37% of the stock is owned by corporate insiders.

Healthcare Realty Trust Stock Performance

HR stock traded down $0.02 during mid-day trading on Wednesday, hitting $14.74. The company had a trading volume of 2,763,356 shares, compared to its average volume of 3,159,367. The firm has a market cap of $5.18 billion, a PE ratio of -8.28 and a beta of 0.88. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.90. The stock's fifty day moving average price is $15.10 and its two-hundred day moving average price is $16.27.

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 net margin of 51.60% and a negative return on equity of 11.20%. The company had revenue of $288.86 million for the quarter, compared to analysts' expectations of $297.39 million. During the same quarter in the previous year, the firm posted $0.39 EPS. Healthcare Realty Trust's revenue was down 9.2% on a year-over-year basis. Equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Stockholders 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 dividend yield of 8.42%. Healthcare Realty Trust's dividend payout ratio is presently -113.76%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on HR shares. Scotiabank lowered their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. Wall Street Zen cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st. Wedbush cut their price objective on shares of 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, Wells Fargo & Company lowered their target price on shares of Healthcare Realty Trust from $16.00 to $15.00 and set an "underweight" rating for the company in a report on Monday, June 2nd. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of "Hold" and an average target price of $16.80.

About Healthcare Realty Trust

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.