Hsbc Holdings PLC Trims Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Hsbc Holdings PLC cut its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 9.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 291,327 shares of the real estate investment trust's stock after selling 29,858 shares during the quarter. Hsbc Holdings PLC owned approximately 0.08% of Healthcare Realty Trust worth $4,935,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HR. Smartleaf Asset Management LLC grew its position in shares of Healthcare Realty Trust by 59.0% during 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 in the last quarter. Blue Trust Inc. raised its position in shares of Healthcare Realty Trust by 130.3% during the fourth 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 during the last quarter. Synergy Investment Management LLC purchased a new position in shares of Healthcare Realty Trust in the fourth quarter worth $36,000. Jones Financial Companies Lllp lifted its holdings in shares of Healthcare Realty Trust by 68.7% in the fourth quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust's stock worth $52,000 after buying an additional 1,249 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Healthcare Realty Trust during the third quarter worth $78,000.

Analysts Set New Price Targets

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

Healthcare Realty Trust Trading Down 4.1 %

Shares of NYSE:HR traded down $0.65 during trading on Friday, reaching $15.24. The company's stock had a trading volume of 6,866,860 shares, compared to its average volume of 3,262,312. The stock has a market capitalization of $5.35 billion, a PE ratio of -8.56 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 firm's 50 day simple moving average is $16.20 and its two-hundred day simple moving average is $16.82.

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 (EPS) for the quarter, meeting the consensus estimate of $0.39. The business had revenue of $288.86 million during the quarter, compared to analyst estimates 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 revenue for the quarter was down 9.2% on a year-over-year basis. During the same period last year, the company earned $0.39 EPS. Research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS 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 dividend of $0.31 per share. This represents a $1.24 annualized dividend 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%.

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.