Healthcare Realty Trust Incorporated (NYSE:HR) Shares Bought by Kettle Hill Capital Management LLC

Kettle Hill Capital Management LLC raised its position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 99.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,297,070 shares of the real estate investment trust's stock after purchasing an additional 645,803 shares during the quarter. Healthcare Realty Trust accounts for approximately 4.8% of Kettle Hill Capital Management LLC's portfolio, making the stock its 5th largest holding. Kettle Hill Capital Management LLC owned about 0.37% of Healthcare Realty Trust worth $21,985,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp increased its holdings in Healthcare Realty Trust by 12.0% during the 4th quarter. Bank of New York Mellon Corp now owns 4,630,973 shares of the real estate investment trust's stock worth $78,495,000 after purchasing an additional 495,599 shares during the last quarter. Norges Bank purchased a new stake in Healthcare Realty Trust during the 4th quarter worth approximately $76,825,000. Northern Trust Corp increased its holdings in Healthcare Realty Trust by 40.3% during the 4th quarter. Northern Trust Corp now owns 4,040,969 shares of the real estate investment trust's stock worth $68,494,000 after purchasing an additional 1,159,763 shares during the last quarter. Farallon Capital Management LLC increased its holdings in Healthcare Realty Trust by 25.4% during the 4th quarter. Farallon Capital Management LLC now owns 3,264,000 shares of the real estate investment trust's stock worth $55,325,000 after purchasing an additional 661,000 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Healthcare Realty Trust by 17.4% during the 4th quarter. Sei Investments Co. now owns 2,849,743 shares of the real estate investment trust's stock worth $48,303,000 after purchasing an additional 422,940 shares during the last quarter.

Healthcare Realty Trust Price Performance

NYSE:HR traded down $0.15 during midday trading on Wednesday, reaching $14.56. 2,809,936 shares of the company traded hands, compared to its average volume of 3,195,496. Healthcare Realty Trust Incorporated has a twelve month low of $14.45 and a twelve month high of $18.90. The firm has a market capitalization of $5.11 billion, a price-to-earnings ratio of -8.18 and a beta of 0.92. The company has a fifty day moving average price of $15.92 and a 200 day moving average price of $16.67.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.39. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business had revenue of $288.86 million during the quarter, compared to analyst estimates of $297.39 million. During the same quarter in the previous year, the firm posted $0.39 EPS. The business's revenue for the quarter was down 9.2% compared to the same quarter last year. On average, equities research 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 firm also recently declared 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 of this dividend is Monday, May 12th. This represents a $1.24 dividend on an annualized basis and a yield of 8.52%. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -113.76%.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 2,500 shares of Healthcare Realty Trust stock in a transaction on Tuesday, May 13th. The stock was bought at an average price of $14.71 per share, for a total transaction of $36,775.00. Following the transaction, the director now owns 56,502 shares of the company's stock, valued at $831,144.42. The trade was a 4.63% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.37% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Scotiabank dropped their price objective on 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. StockNews.com upgraded Healthcare Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday, May 8th. Wells Fargo & Company lowered their target price 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. Finally, Wedbush dropped their target price on shares of Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a report on Monday, May 5th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat.com, Healthcare Realty Trust currently has a consensus rating of "Hold" and an average target price of $17.00.

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.