Healthcare Realty Trust Incorporated (NYSE:HR) Short Interest Up 33.7% in April

Healthcare Realty Trust Incorporated (NYSE:HR - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 12,590,000 shares, a growth of 33.7% from the March 31st total of 9,420,000 shares. Approximately 3.6% of the shares of the company are sold short. Based on an average daily volume of 2,620,000 shares, the short-interest ratio is currently 4.8 days.

Institutional Trading of Healthcare Realty Trust

Several hedge funds have recently modified their holdings of HR. Smartleaf Asset Management LLC increased its position 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 purchasing an additional 612 shares during the last quarter. Harbor Capital Advisors Inc. increased its holdings in shares of Healthcare Realty Trust by 16.4% in the 1st quarter. Harbor Capital Advisors Inc. now owns 4,945 shares of the real estate investment trust's stock worth $84,000 after buying an additional 695 shares during the last quarter. O Shaughnessy Asset Management LLC increased its holdings 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 worth $195,000 after buying an additional 706 shares during the last quarter. Peak Financial Advisors LLC raised its position in shares of Healthcare Realty Trust by 6.8% during the 1st quarter. Peak Financial Advisors LLC now owns 11,413 shares of the real estate investment trust's stock valued at $193,000 after buying an additional 728 shares in the last quarter. Finally, ProShare Advisors LLC lifted its holdings in shares of Healthcare Realty Trust by 4.8% in the 4th quarter. ProShare Advisors LLC now owns 16,581 shares of the real estate investment trust's stock valued at $281,000 after acquiring an additional 756 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. StockNews.com raised Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research note on Wednesday. Scotiabank lowered their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Wedbush upgraded shares of Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research report on Monday, April 7th. Finally, Wells Fargo & Company decreased their price objective on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a research report on Monday, March 10th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to data from MarketBeat.com, Healthcare Realty Trust presently has an average rating of "Hold" and an average target price of $17.00.

Healthcare Realty Trust Stock Performance

HR traded down $0.65 during trading on Friday, reaching $15.24. 6,866,860 shares of the company traded hands, compared to its average volume of 3,263,197. The company has a market cap of $5.35 billion, a P/E ratio of -8.56 and a beta of 0.92. Healthcare Realty Trust has a 12-month low of $14.53 and a 12-month high of $18.90. The firm has a fifty day simple moving average of $16.20 and a 200 day simple moving average of $16.84.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, meeting 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 company had revenue of $288.86 million during the quarter, compared to analysts' expectations of $297.39 million. During the same period last year, the company posted $0.39 earnings per share. Healthcare Realty Trust's quarterly revenue was down 9.2% on a year-over-year basis. As a group, sell-side analysts expect that Healthcare Realty Trust will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 12th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 8.14%. The ex-dividend date of this dividend is Monday, May 12th. Healthcare Realty Trust's payout ratio is -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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.