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

First Trust Advisors LP boosted its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 65.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,533 shares of the real estate investment trust's stock after acquiring 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.

Other large investors have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC grew its stake 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 valued at $27,000 after acquiring an additional 612 shares during the period. O Shaughnessy Asset Management LLC grew its position in shares of Healthcare Realty Trust by 6.5% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 11,530 shares of the real estate investment trust's stock valued at $195,000 after purchasing an additional 706 shares during the period. Pacer Advisors Inc. increased its stake in Healthcare Realty Trust by 1.1% during the 4th quarter. Pacer Advisors Inc. now owns 70,776 shares of the real estate investment trust's stock worth $1,200,000 after purchasing an additional 786 shares in the last quarter. Park Avenue Securities LLC raised its holdings in Healthcare Realty Trust by 4.1% during the 4th quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust's stock worth $342,000 after buying an additional 793 shares during the period. Finally, Consolidated Portfolio Review Corp lifted its stake in Healthcare Realty Trust by 1.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 55,333 shares of the real estate investment trust's stock valued at $938,000 after buying an additional 808 shares in the last quarter.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Wells Fargo & Company cut their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a report on Monday, March 10th. Wedbush cut their target price on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a research note on Monday. StockNews.com upgraded shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a report on Wednesday, April 30th. Finally, Scotiabank reduced their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat.com, Healthcare Realty Trust has an average rating of "Hold" and an average target price of $17.00.

Healthcare Realty Trust Trading Up 0.7 %

Shares of NYSE:HR traded up $0.11 during trading on Tuesday, reaching $15.17. 3,201,629 shares of the stock were exchanged, compared to its average volume of 3,237,252. The firm has a market cap of $5.32 billion, a PE ratio of -8.52 and a beta of 0.92. Healthcare Realty Trust Incorporated has a 12 month low of $14.53 and a 12 month high of $18.90. The stock has a 50-day moving average price of $16.13 and a 200-day moving average price of $16.79.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $288.86 million for the quarter, compared to analysts' expectations 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 company's quarterly revenue was down 9.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.39 EPS. On average, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 12th will be given 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 dividend yield of 8.17%. Healthcare Realty Trust's payout ratio is presently -113.76%.

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.