Raymond James & Associates Sells 92,948 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Raymond James & Associates trimmed its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 9.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 852,541 shares of the real estate investment trust's stock after selling 92,948 shares during the period. Raymond James & Associates owned approximately 0.22% of Healthcare Realty Trust worth $14,689,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Cohen & Steers Inc. increased its holdings in shares of Healthcare Realty Trust by 7.1% in the second quarter. Cohen & Steers Inc. now owns 63,526,167 shares of the real estate investment trust's stock worth $1,198,084,000 after purchasing an additional 4,224,157 shares during the last quarter. BlackRock Inc. grew its position in Healthcare Realty Trust by 0.9% in the first 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 grew its position in Healthcare Realty Trust by 0.5% in the first 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. grew its position in Healthcare Realty Trust by 2.7% in the first 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. grew its position in Healthcare Realty Trust by 4.1% in the third quarter. Daiwa Securities Group Inc. now owns 14,405,624 shares of the real estate investment trust's stock worth $219,974,000 after acquiring an additional 567,206 shares in the last quarter.

Healthcare Realty Trust Price Performance

NYSE:HR traded down $0.09 during trading hours on Wednesday, hitting $13.85. 2,499,155 shares of the company traded hands, compared to its average volume of 3,262,274. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $20.32. The firm has a 50-day moving average of $14.41 and a 200 day moving average of $15.21.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings results on Friday, February 16th. The real estate investment trust reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.51). The business had revenue of $330.40 million during 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 company's quarterly revenue was down 2.2% compared to the same quarter last year. During the same period last year, the firm earned $0.42 EPS. Analysts anticipate that Healthcare Realty Trust Incorporated will post 1.56 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Shareholders 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 dividend on an annualized basis and a yield of 8.95%. Healthcare Realty Trust's payout ratio is presently -167.57%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HR. Deutsche Bank Aktiengesellschaft started coverage on Healthcare Realty Trust in a research report on Tuesday, January 30th. They set a "hold" rating and a $18.00 price target on the stock. Stifel Nicolaus lowered shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and reduced their price target for the company from $19.00 to $15.00 in a research report on Tuesday, February 20th. JPMorgan Chase & Co. dropped their price target on shares of Healthcare Realty Trust from $19.00 to $17.00 and set an "overweight" rating for the company in a research note on Wednesday, March 6th. Finally, Wedbush cut shares of Healthcare Realty Trust from an "outperform" rating to a "neutral" rating and reduced their price target for the company from $19.00 to $15.00 in a research report on Tuesday, February 20th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus 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.