Lasalle Investment Management Securities LLC Acquires Shares of 1,852,412 Healthcare Realty Trust Incorporated (NYSE:HR)

Lasalle Investment Management Securities LLC acquired a new position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,852,412 shares of the real estate investment trust's stock, valued at approximately $31,398,000. Healthcare Realty Trust makes up 1.3% of Lasalle Investment Management Securities LLC's holdings, making the stock its 24th biggest holding. Lasalle Investment Management Securities LLC owned 0.52% of Healthcare Realty Trust at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Healthcare Realty Trust in the fourth quarter valued at $76,825,000. Candriam S.C.A. increased its holdings in shares of Healthcare Realty Trust by 201.4% in the 4th quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust's stock worth $29,318,000 after acquiring an additional 1,155,745 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Healthcare Realty Trust by 289.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust's stock worth $26,308,000 after acquiring an additional 1,153,657 shares during the period. Aew Capital Management L P lifted its position in Healthcare Realty Trust by 1,582.3% in the 4th quarter. Aew Capital Management L P now owns 920,560 shares of the real estate investment trust's stock valued at $15,603,000 after purchasing an additional 865,840 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in Healthcare Realty Trust by 22.4% during the 4th quarter. Russell Investments Group Ltd. now owns 2,772,522 shares of the real estate investment trust's stock valued at $46,993,000 after purchasing an additional 508,045 shares during the period.

Wall Street Analyst Weigh In

Several equities research analysts have commented on HR shares. Wedbush upgraded shares of Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research note on Monday, April 7th. StockNews.com cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. Scotiabank lowered their price target 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. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, Wells Fargo & Company lowered their target price on shares of 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. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $17.00.

Healthcare Realty Trust Trading Down 0.6 %

NYSE:HR traded down $0.10 during mid-day trading on Friday, reaching $15.64. 1,107,795 shares of the stock were exchanged, compared to its average volume of 3,271,493. The business has a fifty day moving average price of $16.34 and a 200 day moving average price of $16.91. Healthcare Realty Trust Incorporated has a 1-year low of $13.94 and a 1-year high of $18.90. The firm has a market capitalization of $5.49 billion, a PE ratio of -8.78 and a beta of 0.85.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts' expectations of $303.81 million. The business's revenue was down 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS. On average, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 7.93%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust's dividend payout ratio is presently -69.66%.

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.