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

Exchange Traded Concepts LLC acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 47,956 shares of the real estate investment trust's stock, valued at approximately $810,000.

Other large investors have also recently made changes to their positions in the company. Starboard Value LP bought a new position in shares of Healthcare Realty Trust during the fourth quarter valued at about $342,110,000. Rush Island Management LP lifted its position in shares of Healthcare Realty Trust by 21.2% during the fourth quarter. Rush Island Management LP now owns 15,681,440 shares of the real estate investment trust's stock valued at $265,800,000 after purchasing an additional 2,747,848 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Healthcare Realty Trust by 12.0% during the fourth quarter. Bank of New York Mellon Corp now owns 4,630,973 shares of the real estate investment trust's stock valued at $78,495,000 after purchasing an additional 495,599 shares in the last quarter. Norges Bank bought a new position in shares of Healthcare Realty Trust during the fourth quarter valued at about $76,825,000. Finally, Northern Trust Corp lifted its position in shares of Healthcare Realty Trust by 40.3% during the fourth quarter. Northern Trust Corp now owns 4,040,969 shares of the real estate investment trust's stock valued at $68,494,000 after purchasing an additional 1,159,763 shares in the last quarter.

Analyst Ratings Changes

A number of analysts recently issued reports on HR shares. Wall Street Zen downgraded shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, May 31st. Wedbush decreased 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 report on Monday, May 5th. Wells Fargo & Company decreased 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 report on Monday, June 2nd. Finally, Scotiabank decreased their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $16.80.

Insider Transactions at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian acquired 2,500 shares of Healthcare Realty Trust stock in a transaction that occurred on Tuesday, May 13th. The stock was bought at an average price of $14.71 per share, with a total value of $36,775.00. Following the completion of the purchase, the director now owns 56,502 shares in the company, valued at approximately $831,144.42. The trade was a 4.63% 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.

Healthcare Realty Trust Price Performance

Shares of HR traded up $0.10 during trading hours on Friday, hitting $15.15. The company's stock had a trading volume of 6,452,713 shares, compared to its average volume of 3,130,231. The company has a market cap of $5.32 billion, a price-to-earnings ratio of -13.90 and a beta of 0.88. The business has a 50 day simple moving average of $15.03 and a two-hundred day simple moving average of $16.08. Healthcare Realty Trust Incorporated has a 52-week low of $14.09 and a 52-week high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $288.86 million during the quarter, compared to the consensus estimate of $297.39 million. Healthcare Realty Trust had a negative net margin of 31.32% and a negative return on equity of 7.06%. The company's revenue was down 9.2% on a year-over-year basis. During the same quarter last year, the company earned $0.39 earnings per share. Research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share 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 paid a $0.31 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $1.24 annualized dividend and a dividend yield of 8.19%. Healthcare Realty Trust's payout ratio is -113.76%.

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.