Healthcare Realty Trust Incorporated (NYSE:HR) Holdings Decreased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 17.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,661 shares of the real estate investment trust's stock after selling 18,100 shares during the period. Nisa Investment Advisors LLC's holdings in Healthcare Realty Trust were worth $1,498,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new position in shares of Healthcare Realty Trust during the first quarter worth $26,000. Lazard Asset Management LLC bought a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at $45,000. UMB Bank n.a. increased its position in shares of 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 worth $51,000 after buying an additional 1,279 shares during the period. 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 worth $52,000 after buying an additional 1,249 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its holdings in Healthcare Realty Trust by 16.4% in the first quarter. Harbor Capital Advisors Inc. now owns 4,945 shares of the real estate investment trust's stock valued at $84,000 after buying an additional 695 shares during the period.

Insider Buying and Selling at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian bought 2,500 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average price of $14.71 per share, with a total value of $36,775.00. Following the purchase, the director owned 56,502 shares of the company's stock, valued at $831,144.42. This trade represents a 4.63% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.37% of the company's stock.

Healthcare Realty Trust Price Performance

HR traded down $0.14 during trading on Tuesday, reaching $15.88. 4,308,225 shares of the company's stock were exchanged, compared to its average volume of 3,197,004. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $18.90. The company's fifty day simple moving average is $15.08 and its 200-day simple moving average is $15.92. The stock has a market capitalization of $5.58 billion, a P/E ratio of -14.56 and a beta of 0.89.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting analysts' consensus estimates of $0.39. Healthcare Realty Trust had a negative net margin of 31.32% and a negative return on equity of 7.06%. The business had revenue of $288.86 million for the quarter, compared to analyst estimates of $297.39 million. During the same period last year, the company posted $0.39 EPS. The business's revenue was down 9.2% on a year-over-year basis. Equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Shareholders 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 yield of 7.81%. Healthcare Realty Trust's dividend payout ratio is presently -113.76%.

Wall Street Analyst Weigh In

HR has been the topic of a number of recent research reports. Wells Fargo & Company dropped their price objective on shares of 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. JPMorgan Chase & Co. lowered their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating on the stock in a research note on Thursday, June 26th. Wall Street Zen lowered Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st. Finally, Wedbush decreased 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 company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus 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.