Daiwa Securities Group Inc. Sells 215,143 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Daiwa Securities Group Inc. lessened its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 1.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 14,190,481 shares of the real estate investment trust's stock after selling 215,143 shares during the period. Healthcare Realty Trust accounts for about 1.5% of Daiwa Securities Group Inc.'s portfolio, making the stock its 16th largest position. Daiwa Securities Group Inc. owned 3.73% of Healthcare Realty Trust worth $244,502,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Healthcare Realty Trust by 8.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 220,566 shares of the real estate investment trust's stock valued at $3,800,000 after acquiring an additional 16,704 shares during the period. Louisiana State Employees Retirement System acquired a new position in shares of Healthcare Realty Trust during the fourth quarter valued at $1,844,000. Consolidated Portfolio Review Corp acquired a new position in shares of Healthcare Realty Trust during the fourth quarter valued at $656,000. Cerity Partners LLC acquired a new position in shares of Healthcare Realty Trust during the fourth quarter valued at $464,000. Finally, Mutual of America Capital Management LLC lifted its stake in shares of Healthcare Realty Trust by 2.1% during the fourth quarter. Mutual of America Capital Management LLC now owns 310,776 shares of the real estate investment trust's stock valued at $5,355,000 after acquiring an additional 6,269 shares during the period.

Healthcare Realty Trust Trading Up 0.3 %

Shares of NYSE HR traded up $0.04 during mid-day trading on Wednesday, reaching $13.74. 2,434,496 shares of the company's stock were exchanged, compared to its average volume of 3,210,097. The firm has a market capitalization of $5.24 billion, a price-to-earnings ratio of -18.57 and a beta of 0.79. The business has a fifty day simple moving average of $13.93 and a 200 day simple moving average of $15.10. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $20.32.

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

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Monday, February 26th were issued a dividend of $0.31 per share. The ex-dividend date was Friday, February 23rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 9.02%. Healthcare Realty Trust's payout ratio is presently -167.57%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Healthcare Realty Trust in a research note on Tuesday, January 30th. They set a "hold" rating and a $18.00 price target on the stock. Wedbush lowered Healthcare Realty Trust from an "outperform" rating to a "neutral" rating and cut their target price for the company from $19.00 to $15.00 in a research note on Tuesday, February 20th. Stifel Nicolaus lowered Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their target price for the company from $19.00 to $15.00 in a research note on Tuesday, February 20th. JPMorgan Chase & Co. cut their target price on Healthcare Realty Trust from $19.00 to $17.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 6th. Finally, Wells Fargo & Company cut their target price on Healthcare Realty Trust from $18.00 to $15.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $17.20.

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.