Northern Trust Corp Raises Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Northern Trust Corp lifted its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 40.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,040,969 shares of the real estate investment trust's stock after buying an additional 1,159,763 shares during the quarter. Northern Trust Corp owned approximately 1.14% of Healthcare Realty Trust worth $68,494,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC increased its position in shares of Healthcare Realty Trust by 116.2% during the third quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust's stock worth $13,117,000 after acquiring an additional 388,305 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Healthcare Realty Trust during the 3rd quarter valued at $78,000. Franklin Resources Inc. lifted its holdings in shares of Healthcare Realty Trust by 3.6% in the 3rd quarter. Franklin Resources Inc. now owns 180,958 shares of the real estate investment trust's stock worth $3,160,000 after buying an additional 6,238 shares during the period. Capital Investment Advisors LLC grew its position in shares of Healthcare Realty Trust by 31.0% during the 4th quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust's stock worth $7,955,000 after buying an additional 111,125 shares in the last quarter. Finally, Park Avenue Securities LLC increased its stake in shares of Healthcare Realty Trust by 4.1% during the fourth quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust's stock valued at $342,000 after buying an additional 793 shares during the period.

Healthcare Realty Trust Price Performance

NYSE HR traded up $0.04 during trading hours on Friday, reaching $15.36. The company's stock had a trading volume of 2,384,698 shares, compared to its average volume of 3,202,460. The firm has a market capitalization of $5.39 billion, a price-to-earnings ratio of -8.63 and a beta of 0.92. The company's 50-day moving average is $16.06 and its two-hundred day moving average is $16.76. Healthcare Realty Trust Incorporated has a 1-year low of $14.53 and a 1-year high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 EPS for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $288.86 million during the quarter, compared to analysts' expectations 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 firm's revenue for the quarter was down 9.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share. Equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Monday, May 12th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.24 annualized dividend and a dividend yield of 8.07%. Healthcare Realty Trust's dividend payout ratio is presently -113.76%.

Analyst Upgrades and Downgrades

HR has been the topic of several research reports. StockNews.com raised shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a report on Thursday. Wells Fargo & Company cut 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. Scotiabank decreased 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 report on Tuesday, February 25th. Finally, Wedbush dropped their target price on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a report on Monday. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company. Based on data from MarketBeat, the stock currently has an average 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.