Lecap Asset Management Ltd. Has $441,000 Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Lecap Asset Management Ltd. reduced its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 42.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,069 shares of the real estate investment trust's stock after selling 18,887 shares during the quarter. Lecap Asset Management Ltd.'s holdings in Healthcare Realty Trust were worth $441,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Smartleaf Asset Management LLC increased its position in Healthcare Realty Trust by 59.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 612 shares during the last quarter. Synergy Investment Management LLC bought a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at approximately $36,000. Lazard Asset Management LLC acquired a new position in Healthcare Realty Trust in the fourth quarter worth approximately $45,000. UMB Bank n.a. raised its position in 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 valued at $51,000 after acquiring an additional 1,279 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its position 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 acquiring an additional 1,249 shares in the last quarter.

Insider Transactions at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian acquired 2,500 shares of the business's stock in a transaction dated 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 completion of the transaction, the director owned 56,502 shares of the company's stock, 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 Up 0.8%

HR stock traded up $0.12 during mid-day trading on Monday, reaching $15.88. 3,895,910 shares of the stock traded hands, compared to its average volume of 3,136,246. The firm has a market capitalization of $5.58 billion, a PE ratio of -14.57 and a beta of 0.88. The business has a 50-day moving average of $15.01 and a two-hundred day moving average of $15.99. 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 issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 EPS for the quarter, hitting 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 company had revenue of $288.86 million for the quarter, compared to the consensus estimate of $297.39 million. During the same period in the previous year, the business posted $0.39 EPS. The company's revenue for the quarter was down 9.2% on a year-over-year basis. On average, equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 12th were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $1.24 annualized dividend and a yield of 7.81%. Healthcare Realty Trust's dividend payout ratio is -113.76%.

Wall Street Analyst Weigh In

HR has been the subject of several recent research reports. Wedbush decreased their target price 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. decreased their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating for the company in a research note on Thursday. Wells Fargo & Company cut their price objective on Healthcare Realty Trust from $16.00 to $15.00 and set an "underweight" rating on the stock in a research note on Monday, June 2nd. Finally, Wall Street Zen cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research report 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 data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $16.40.

Healthcare Realty Trust 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.