Invesco Ltd. Sells 290,901 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Invesco Ltd. reduced its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 17.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,369,037 shares of the real estate investment trust's stock after selling 290,901 shares during the quarter. Invesco Ltd. owned 0.39% of Healthcare Realty Trust worth $23,205,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of HR. Blue Trust Inc. increased its stake in shares of Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 925 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in Healthcare Realty Trust by 59.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock valued at $27,000 after buying an additional 612 shares during the last quarter. Synergy Investment Management LLC purchased a new stake in Healthcare Realty Trust during the 4th quarter worth approximately $36,000. Jones Financial Companies Lllp grew its holdings in Healthcare Realty Trust by 68.7% during the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust's stock worth $52,000 after acquiring an additional 1,249 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in Healthcare Realty Trust in the third quarter valued at about $78,000.

Healthcare Realty Trust Stock Up 0.4 %

NYSE:HR traded up $0.07 during mid-day trading on Thursday, reaching $15.79. 176,542 shares of the company were exchanged, compared to its average volume of 3,281,525. Healthcare Realty Trust Incorporated has a 12 month low of $13.94 and a 12 month high of $18.90. The stock has a market cap of $5.54 billion, a PE ratio of -8.86 and a beta of 0.85. The company has a fifty day moving average of $16.36 and a 200 day moving average of $16.92.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.01. 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 $309.77 million for the quarter, compared to the consensus estimate of $303.81 million. During the same period in the prior year, the company posted $0.39 EPS. The company's revenue was down 6.3% compared to the same quarter last year. On average, equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were given a dividend of $0.31 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 7.85%. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -69.66%.

Analyst Ratings Changes

A number of research analysts have issued reports on HR shares. 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 research note on Tuesday, February 25th. StockNews.com downgraded Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. Jefferies Financial Group cut Healthcare Realty Trust from a "buy" rating to a "hold" rating and reduced their price objective for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Wells Fargo & Company decreased their price objective 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. Finally, Wedbush upgraded shares of Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research report on Monday, April 7th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat, Healthcare Realty Trust has a consensus rating of "Hold" and a consensus price target 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.