Chilton Capital Management LLC Sells 62,070 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Chilton Capital Management LLC lessened its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 8.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 698,673 shares of the real estate investment trust's stock after selling 62,070 shares during the quarter. Chilton Capital Management LLC owned 0.20% of Healthcare Realty Trust worth $11,808,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Proficio Capital Partners LLC acquired a new position in Healthcare Realty Trust during the fourth quarter worth about $440,000. Smartleaf Asset Management LLC increased its stake in shares of Healthcare Realty Trust by 59.0% in 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. Jones Financial Companies Lllp increased its stake in shares of Healthcare Realty Trust by 68.7% in 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. Steward Partners Investment Advisory LLC increased its stake in shares of Healthcare Realty Trust by 3,419.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 28,510 shares of the real estate investment trust's stock valued at $483,000 after buying an additional 27,700 shares during the period. Finally, M&T Bank Corp increased its stake in shares of Healthcare Realty Trust by 6.3% in the fourth quarter. M&T Bank Corp now owns 44,219 shares of the real estate investment trust's stock valued at $749,000 after buying an additional 2,616 shares during the period.

Healthcare Realty Trust Trading Up 1.4%

Shares of HR traded up $0.22 during trading hours on Wednesday, reaching $16.12. The stock had a trading volume of 3,391,181 shares, compared to its average volume of 3,152,690. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.90. The firm has a 50-day simple moving average of $15.04 and a 200 day simple moving average of $15.95. The company has a market capitalization of $5.66 billion, a price-to-earnings ratio of -14.79 and a beta of 0.89.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, meeting 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 business had revenue of $288.86 million for the quarter, compared to analysts' expectations of $297.39 million. During the same period last year, the business earned $0.39 EPS. The business's revenue was down 9.2% on a year-over-year basis. On average, equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 12th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 7.69%. The ex-dividend date of this dividend was Monday, May 12th. Healthcare Realty Trust's payout ratio is presently -113.76%.

Analyst Ratings Changes

Several research firms have recently issued reports on HR. Wall Street Zen downgraded Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st. Wedbush reduced their price objective on shares of Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. JPMorgan Chase & Co. reduced their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating for the company in a research report on Thursday, June 26th. Finally, Wells Fargo & Company reduced their price objective on shares of Healthcare Realty Trust from $16.00 to $15.00 and set an "underweight" rating for the company in a research report on Monday, June 2nd. Two analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $16.40.

Insiders Place Their Bets

In related news, Director Thomas N. Bohjalian bought 2,500 shares of Healthcare Realty Trust stock in a transaction on Tuesday, May 13th. The stock was acquired 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 of the company's stock, valued at $831,144.42. This represents a 4.63% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.37% of the stock is owned by insiders.

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.