Rhumbline Advisers Reduces Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Rhumbline Advisers cut its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 1.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,035,549 shares of the real estate investment trust's stock after selling 18,505 shares during the quarter. Rhumbline Advisers owned approximately 0.29% of Healthcare Realty Trust worth $17,501,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Smartleaf Asset Management LLC boosted its holdings in Healthcare Realty Trust by 59.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock worth $27,000 after acquiring an additional 612 shares in the last quarter. Blue Trust Inc. boosted its holdings in Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 925 shares during the last quarter. Synergy Investment Management LLC purchased a new position in Healthcare Realty Trust during the 4th quarter worth $36,000. Lazard Asset Management LLC purchased a new position in shares of Healthcare Realty Trust in the 4th quarter worth about $45,000. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Healthcare Realty Trust by 68.7% in the 4th 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.

Insider Transactions at Healthcare Realty Trust

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

Healthcare Realty Trust Trading Down 0.1%

Shares of NYSE HR traded down $0.02 during trading hours on Wednesday, hitting $14.74. 2,763,356 shares of the company traded hands, compared to its average volume of 3,158,715. The stock has a market capitalization of $5.18 billion, a price-to-earnings ratio of -8.28 and a beta of 0.88. The company's 50 day moving average price is $15.08 and its 200 day moving average price is $16.26. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.39. The business had revenue of $288.86 million for the quarter, compared to the consensus estimate of $297.39 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business's revenue was down 9.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 EPS. Equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Monday, May 12th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 8.42%. The ex-dividend date was Monday, May 12th. Healthcare Realty Trust's payout ratio is -113.76%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on HR shares. Wells Fargo & Company lowered 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. Scotiabank cut their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. 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 dropped their price objective on 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 research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to MarketBeat, Healthcare Realty Trust currently has an average rating of "Hold" and an average target price of $16.80.

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.