Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. cut its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 42.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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 Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Starboard Value LP purchased a new position in shares of Healthcare Realty Trust in the 4th quarter worth about $342,110,000. Rush Island Management LP raised its holdings in shares of Healthcare Realty Trust by 21.2% in the 4th quarter. Rush Island Management LP now owns 15,681,440 shares of the real estate investment trust's stock worth $265,800,000 after purchasing an additional 2,747,848 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Healthcare Realty Trust by 12.0% in the 4th quarter. Bank of New York Mellon Corp now owns 4,630,973 shares of the real estate investment trust's stock worth $78,495,000 after purchasing an additional 495,599 shares during the period. Norges Bank purchased a new position in shares of Healthcare Realty Trust in the 4th quarter worth about $76,825,000. Finally, Northern Trust Corp raised its holdings in shares of Healthcare Realty Trust by 40.3% in the 4th quarter. Northern Trust Corp now owns 4,040,969 shares of the real estate investment trust's stock worth $68,494,000 after purchasing an additional 1,159,763 shares during the period.

Insider Activity

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 2,500 shares of the stock in a transaction on Tuesday, May 13th. The stock was purchased at an average price of $14.71 per share, for a total transaction of $36,775.00. Following the purchase, the director now directly owns 56,502 shares in the company, valued at $831,144.42. This trade represents a 4.63% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.37% of the company's stock.

Healthcare Realty Trust Stock Performance

Shares of HR stock traded up $0.23 during trading hours on Friday, reaching $15.78. The company had a trading volume of 6,949,014 shares, compared to its average volume of 3,141,319. 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 $5.54 billion, a P/E ratio of -14.47 and a beta of 0.88. The stock's fifty day simple moving average is $15.01 and its 200 day simple moving average is $16.03.

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 (EPS) for the quarter, meeting analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $297.39 million. During the same quarter last year, the firm earned $0.39 earnings per share. The company's revenue for the quarter was down 9.2% compared to the same quarter last year. As a group, equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The business 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 dividend on an annualized basis and a dividend yield of 7.86%. Healthcare Realty Trust's dividend payout ratio (DPR) is currently -113.76%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on HR. Wall Street Zen downgraded Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, May 31st. 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 report on Monday, June 2nd. JPMorgan Chase & Co. cut their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating on the stock in a report on Thursday. Finally, Wedbush cut their price objective on 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 analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust has an average rating of "Hold" and an average price target 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.