First Trust Advisors LP Buys 73,989 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

First Trust Advisors LP raised its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 65.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 186,533 shares of the real estate investment trust's stock after purchasing an additional 73,989 shares during the period. First Trust Advisors LP owned 0.05% of Healthcare Realty Trust worth $3,162,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Blue Trust Inc. grew its stake in Healthcare Realty Trust by 130.3% in the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 925 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of 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 valued at $27,000 after purchasing an additional 612 shares in the last quarter. Synergy Investment Management LLC bought a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at $36,000. Jones Financial Companies Lllp boosted its stake in 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 purchasing an additional 1,249 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in Healthcare Realty Trust during the 3rd quarter valued at about $78,000.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HR. StockNews.com raised shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday. Wells Fargo & Company dropped their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a research report on Monday, March 10th. Scotiabank decreased their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Finally, Wedbush dropped 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. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat.com, Healthcare Realty Trust currently has an average rating of "Hold" and an average price target of $17.00.

Healthcare Realty Trust Stock Up 1.0 %

Shares of NYSE HR traded up $0.16 during trading hours on Friday, reaching $15.48. 562,738 shares of the stock traded hands, compared to its average volume of 2,695,137. The company has a market capitalization of $5.43 billion, a P/E ratio of -8.70 and a beta of 0.92. The company's 50-day simple moving average is $16.06 and its two-hundred day simple moving average is $16.76. Healthcare Realty Trust Incorporated has a 52-week low of $14.53 and a 52-week 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 EPS for the quarter, hitting the consensus estimate of $0.39. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The firm had revenue of $288.86 million for the quarter, compared to the consensus estimate of $297.39 million. During the same period last year, the firm posted $0.39 earnings per share. The business's revenue was down 9.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Monday, May 12th will be issued a dividend of $0.31 per share. The ex-dividend date is Monday, May 12th. This represents a $1.24 dividend on an annualized basis and a yield of 8.01%. Healthcare Realty Trust's dividend payout ratio is currently -113.76%.

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.