Significant Wealth Partners LLC Acquires Shares of 101,101 Healthcare Realty Trust Incorporated (NYSE:HR)

Significant Wealth Partners LLC purchased a new position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 101,101 shares of the real estate investment trust's stock, valued at approximately $1,742,000. Healthcare Realty Trust makes up 1.3% of Significant Wealth Partners LLC's holdings, making the stock its 22nd biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of HR. AE Wealth Management LLC increased its position in Healthcare Realty Trust by 3.3% in the third quarter. AE Wealth Management LLC now owns 38,313 shares of the real estate investment trust's stock worth $585,000 after buying an additional 1,238 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of Healthcare Realty Trust by 87.7% in the third quarter. Global Retirement Partners LLC now owns 4,797 shares of the real estate investment trust's stock worth $72,000 after acquiring an additional 2,242 shares during the period. Presima Securities ULC boosted its stake in shares of Healthcare Realty Trust by 34.7% in the third quarter. Presima Securities ULC now owns 86,500 shares of the real estate investment trust's stock worth $1,321,000 after acquiring an additional 22,300 shares during the period. Country Club Bank GFN boosted its stake in shares of Healthcare Realty Trust by 83.9% in the third quarter. Country Club Bank GFN now owns 285,793 shares of the real estate investment trust's stock worth $4,304,000 after acquiring an additional 130,381 shares during the period. Finally, HGK Asset Management Inc. boosted its stake in shares of Healthcare Realty Trust by 14.1% in the third quarter. HGK Asset Management Inc. now owns 28,676 shares of the real estate investment trust's stock worth $438,000 after acquiring an additional 3,535 shares during the period.

Healthcare Realty Trust Trading Up 2.1 %

Shares of NYSE:HR traded up $0.29 on Monday, reaching $14.25. The company had a trading volume of 3,841,759 shares, compared to its average volume of 3,196,656. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $20.32. The firm's 50 day simple moving average is $13.83 and its 200-day simple moving average is $15.08. The firm has a market capitalization of $5.43 billion, a PE ratio of -19.26 and a beta of 0.79.

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 analysts' consensus estimates of $0.40 by ($0.51). Healthcare Realty Trust had a negative net margin of 20.71% and a negative return on equity of 3.87%. The company had revenue of $330.40 million during the quarter, compared to analysts' expectations of $334.32 million. During the same quarter in the prior year, the business posted $0.42 earnings per share. The company's revenue was down 2.2% compared to the same quarter last year. As a group, equities research analysts predict that Healthcare Realty Trust Incorporated will post 1.56 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Monday, February 26th were issued a $0.31 dividend. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.70%. Healthcare Realty Trust's dividend payout ratio is presently -167.57%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus lowered Healthcare Realty Trust from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $19.00 to $15.00 in a research note on Tuesday, February 20th. JPMorgan Chase & Co. lowered their price objective on 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. Deutsche Bank Aktiengesellschaft started coverage on Healthcare Realty Trust in a research note on Tuesday, January 30th. They issued a "hold" rating and a $18.00 price objective for the company. Wells Fargo & Company lowered their price objective on Healthcare Realty Trust from $18.00 to $15.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 10th. Finally, Wedbush downgraded Healthcare Realty Trust from an "outperform" rating to a "neutral" rating and reduced their price target for the stock from $19.00 to $15.00 in a report on Tuesday, February 20th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $17.20.

Healthcare Realty Trust Company Profile

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.