Healthcare Realty Trust Incorporated (NYSE:HR) Shares Bought by Liberty One Investment Management LLC

Liberty One Investment Management LLC raised its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 12.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 289,801 shares of the real estate investment trust's stock after purchasing an additional 31,222 shares during the period. Liberty One Investment Management LLC owned 0.08% of Healthcare Realty Trust worth $4,898,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Starboard Value LP acquired a new stake in shares of Healthcare Realty Trust in the fourth quarter worth $342,110,000. Norges Bank acquired a new stake in shares of Healthcare Realty Trust in the fourth quarter worth $76,825,000. Rush Island Management LP increased its position in shares of Healthcare Realty Trust by 21.2% in the fourth quarter. Rush Island Management LP now owns 15,681,440 shares of the real estate investment trust's stock worth $265,800,000 after acquiring an additional 2,747,848 shares in the last quarter. Deprince Race & Zollo Inc. acquired a new stake in shares of Healthcare Realty Trust in the fourth quarter worth $39,337,000. Finally, Lasalle Investment Management Securities LLC acquired a new stake in shares of Healthcare Realty Trust in the fourth quarter worth $31,398,000.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on HR. JPMorgan Chase & Co. dropped 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. Wells Fargo & Company dropped 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. Wall Street Zen lowered shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, May 31st. Finally, 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 note on Monday, May 5th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company. According to MarketBeat.com, Healthcare Realty Trust has a consensus rating of "Hold" and a consensus target price of $16.40.

Healthcare Realty Trust Stock Performance

Shares of HR stock traded up $0.22 on Wednesday, hitting $16.12. The stock had a trading volume of 3,391,181 shares, compared to its average volume of 3,158,696. The firm has a market capitalization of $5.66 billion, a price-to-earnings ratio of -14.79 and a beta of 0.89. The stock's 50 day moving average is $15.05 and its 200-day moving average is $15.95. 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 announced its earnings results 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. The business 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 business's quarterly revenue was down 9.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.39 earnings per share. Equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 7.69%. The ex-dividend date was Monday, May 12th. Healthcare Realty Trust's dividend payout ratio is currently -113.76%.

Insiders Place Their Bets

In related news, Director Thomas N. Bohjalian acquired 2,500 shares of the firm's stock in a transaction on Tuesday, May 13th. The stock was bought at an average cost of $14.71 per share, with a total value of $36,775.00. Following the acquisition, the director directly owned 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.37% of the stock is currently owned by corporate insiders.

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.