Exchange Traded Concepts LLC Purchases New Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Exchange Traded Concepts LLC purchased a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 47,956 shares of the real estate investment trust's stock, valued at approximately $810,000.

A number of other large investors also recently modified their holdings of the company. Smartleaf Asset Management LLC raised its holdings in 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 acquiring an additional 612 shares in the last quarter. Synergy Investment Management LLC bought a new position in shares of Healthcare Realty Trust during the fourth quarter worth about $36,000. Lazard Asset Management LLC acquired a new position in Healthcare Realty Trust in the fourth quarter worth about $45,000. UMB Bank n.a. increased its holdings in Healthcare Realty Trust by 73.3% in the first quarter. UMB Bank n.a. now owns 3,024 shares of the real estate investment trust's stock valued at $51,000 after buying an additional 1,279 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its stake 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 in the last quarter.

Insider Buying and Selling

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 2,500 shares of the company's stock in a transaction that occurred on 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 purchase, the director now owns 56,502 shares of the company's stock, valued at $831,144.42. This represents a 4.63% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.37% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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

Healthcare Realty Trust Stock Performance

Shares of NYSE:HR traded up $0.04 during midday trading on Tuesday, hitting $15.52. The company's stock had a trading volume of 3,539,802 shares, compared to its average volume of 3,130,570. The stock's 50 day simple moving average is $15.02 and its 200 day simple moving average is $16.05. The stock has a market capitalization of $5.45 billion, a price-to-earnings ratio of -14.24 and a beta of 0.88. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.09 and a fifty-two week high of $18.90.

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, 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 firm had revenue of $288.86 million during the quarter, compared to analysts' expectations of $297.39 million. During the same quarter in the prior year, the firm posted $0.39 EPS. The company's revenue for the quarter was down 9.2% on a year-over-year basis. As a group, analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Monday, May 12th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.99%. The ex-dividend date of this dividend was Monday, May 12th. Healthcare Realty Trust's payout ratio is currently -113.76%.

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.