Gotham Asset Management LLC Grows Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Gotham Asset Management LLC boosted its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 16.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 928,927 shares of the real estate investment trust's stock after buying an additional 134,622 shares during the quarter. Gotham Asset Management LLC owned approximately 0.26% of Healthcare Realty Trust worth $15,745,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HR. Norges Bank purchased a new position in Healthcare Realty Trust in the fourth quarter worth $76,825,000. Deprince Race & Zollo Inc. acquired a new stake in shares of Healthcare Realty Trust during the fourth quarter worth $39,337,000. Lasalle Investment Management Securities LLC acquired a new stake in shares of Healthcare Realty Trust during the fourth quarter worth $31,398,000. Northern Trust Corp lifted its stake in shares of Healthcare Realty Trust by 40.3% during the fourth quarter. Northern Trust Corp now owns 4,040,969 shares of the real estate investment trust's stock worth $68,494,000 after buying an additional 1,159,763 shares during the period. Finally, Candriam S.C.A. lifted its stake in shares of Healthcare Realty Trust by 201.4% during the fourth quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust's stock worth $29,318,000 after buying an additional 1,155,745 shares during the period.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Wells Fargo & Company lowered their price objective on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a research note on Monday, March 10th. StockNews.com upgraded shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th. Scotiabank decreased 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 research report on Tuesday, February 25th. 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 report on Monday, May 5th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $17.00.

Insider Transactions at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian bought 2,500 shares of the stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average cost of $14.71 per share, for a total transaction of $36,775.00. Following the acquisition, the director now directly owns 56,502 shares in the company, valued at approximately $831,144.42. This trade represents a 4.63% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.37% of the company's stock.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock traded down $0.15 during midday trading on Wednesday, reaching $14.56. The company had a trading volume of 2,809,936 shares, compared to its average volume of 3,195,496. The company has a market capitalization of $5.11 billion, a P/E ratio of -8.18 and a beta of 0.92. Healthcare Realty Trust Incorporated has a 12-month low of $14.46 and a 12-month high of $18.90. The firm's fifty day simple moving average is $15.96 and its 200-day simple moving average is $16.69.

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

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Monday, May 12th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 8.52%. The ex-dividend date of this dividend is Monday, May 12th. Healthcare Realty Trust's dividend payout ratio is currently -113.76%.

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.