Nordea Investment Management AB Acquires 297,603 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Nordea Investment Management AB increased its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 18.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,926,498 shares of the real estate investment trust's stock after purchasing an additional 297,603 shares during the quarter. Nordea Investment Management AB owned 0.51% of Healthcare Realty Trust worth $33,405,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of HR. Cohen & Steers Inc. boosted its position in shares of Healthcare Realty Trust by 7.1% during the 2nd quarter. Cohen & Steers Inc. now owns 63,526,167 shares of the real estate investment trust's stock worth $1,198,084,000 after acquiring an additional 4,224,157 shares in the last quarter. BlackRock Inc. boosted its position in shares of Healthcare Realty Trust by 0.9% during the 1st quarter. BlackRock Inc. now owns 45,751,993 shares of the real estate investment trust's stock worth $884,386,000 after acquiring an additional 425,269 shares in the last quarter. State Street Corp boosted its position in shares of Healthcare Realty Trust by 0.5% during the 1st quarter. State Street Corp now owns 22,728,519 shares of the real estate investment trust's stock worth $439,342,000 after acquiring an additional 109,568 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Healthcare Realty Trust by 2.7% during the 1st quarter. Vanguard Group Inc. now owns 22,207,069 shares of the real estate investment trust's stock worth $610,251,000 after acquiring an additional 585,270 shares in the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of Healthcare Realty Trust by 4.1% in the 3rd quarter. Daiwa Securities Group Inc. now owns 14,405,624 shares of the real estate investment trust's stock valued at $219,974,000 after purchasing an additional 567,206 shares during the last quarter.

Healthcare Realty Trust Trading Up 0.7 %

Healthcare Realty Trust stock traded up $0.09 during midday trading on Wednesday, hitting $13.26. The stock had a trading volume of 3,764,062 shares, compared to its average volume of 3,346,741. The stock has a market cap of $5.05 billion, a P/E ratio of -17.93 and a beta of 0.79. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $20.32. The business has a fifty day moving average price of $15.09 and a 200 day moving average price of $15.43.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its earnings results on Friday, February 16th. The real estate investment trust reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.40 by ($0.51). The company had revenue of $330.40 million for the quarter, compared to the consensus estimate of $334.32 million. Healthcare Realty Trust had a negative net margin of 20.71% and a negative return on equity of 3.87%. The firm's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period last year, the company posted $0.42 earnings per share. On average, equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Monday, February 26th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $1.24 annualized dividend and a dividend yield of 9.35%. Healthcare Realty Trust's dividend payout ratio is presently -167.57%.

Analyst Upgrades and Downgrades

HR has been the subject of several research reports. JPMorgan Chase & Co. reduced their target price on Healthcare Realty Trust from $19.00 to $17.00 and set an "overweight" rating for the company in a report on Wednesday, March 6th. Deutsche Bank Aktiengesellschaft initiated coverage on Healthcare Realty Trust in a research note on Tuesday, January 30th. They set a "hold" rating and a $18.00 price objective for the company. Stifel Nicolaus downgraded Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their target price for the stock from $19.00 to $15.00 in a research note on Tuesday, February 20th. Finally, Wedbush downgraded Healthcare Realty Trust from an "outperform" rating to a "neutral" rating and cut their target price for the stock from $19.00 to $15.00 in a research note on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $17.30.

About Healthcare Realty Trust

Healthcare Realty NYSE: HR is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.