Healthcare Realty Trust Incorporated (NYSE:HR) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 2.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,470,199 shares of the real estate investment trust's stock after purchasing an additional 139,019 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.56% of Healthcare Realty Trust worth $92,446,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in HR. Golden State Wealth Management LLC acquired a new stake in Healthcare Realty Trust during the first quarter worth $26,000. Lazard Asset Management LLC acquired a new stake in Healthcare Realty Trust during the fourth quarter worth $45,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Healthcare Realty Trust during the first quarter worth $48,000. UMB Bank n.a. boosted its position in shares of Healthcare Realty Trust by 73.3% during the first quarter. UMB Bank n.a. now owns 3,024 shares of the real estate investment trust's stock worth $51,000 after buying an additional 1,279 shares during the period. Finally, Avalon Trust Co purchased a new position in shares of Healthcare Realty Trust during the first quarter worth $53,000.

Healthcare Realty Trust Price Performance

Shares of HR traded up $0.15 during midday trading on Friday, reaching $16.46. 2,121,825 shares of the stock were exchanged, compared to its average volume of 3,718,405. The business's 50-day moving average price is $15.89 and its 200 day moving average price is $15.88. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.90. The company has a market capitalization of $5.79 billion, a price-to-earnings ratio of -14.31 and a beta of 0.89.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. The firm had revenue of $287.07 million for the quarter, compared to analysts' expectations of $290.83 million. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%. During the same quarter in the previous year, the firm posted $0.38 EPS. As a group, equities research analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.8%. Healthcare Realty Trust's dividend payout ratio is presently -83.48%.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian purchased 10,000 shares of the firm's stock in a transaction dated Wednesday, August 13th. The shares were acquired at an average price of $16.46 per share, with a total value of $164,600.00. Following the purchase, the director directly owned 75,520 shares of the company's stock, valued at $1,243,059.20. The trade was a 15.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.37% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. decreased their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating for the company in a report on Thursday, June 26th. Wells Fargo & Company decreased their target price 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 cut their price target on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a research note on Monday, May 5th. Finally, Wall Street Zen cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $16.40.

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.