Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. cut its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,708,154 shares of the real estate investment trust's stock after selling 171,720 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.71% of Healthcare Realty Trust worth $46,717,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Provence Wealth Management Group purchased a new position in shares of Healthcare Realty Trust in the third quarter worth $25,000. Lindbrook Capital LLC increased its position in shares of Healthcare Realty Trust by 106.0% during the 4th quarter. Lindbrook Capital LLC now owns 1,854 shares of the real estate investment trust's stock valued at $32,000 after purchasing an additional 954 shares during the last quarter. Quent Capital LLC boosted its holdings in shares of Healthcare Realty Trust by 47.4% in the fourth quarter. Quent Capital LLC now owns 1,933 shares of the real estate investment trust's stock worth $33,000 after buying an additional 622 shares during the last quarter. Legacy Financial Group LLC purchased a new stake in Healthcare Realty Trust during the third quarter valued at approximately $34,000. Finally, International Assets Investment Management LLC purchased a new stake in Healthcare Realty Trust during the fourth quarter valued at approximately $45,000.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock traded down $0.02 during trading hours on Tuesday, reaching $14.23. The stock had a trading volume of 5,434,273 shares, compared to its average volume of 3,252,751. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $20.32. The company has a market cap of $5.42 billion, a price-to-earnings ratio of -19.23 and a beta of 0.79. The business's 50 day moving average price is $13.76 and its 200-day moving average price is $15.07.

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 for the quarter, missing the consensus estimate 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 business 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 firm earned $0.42 EPS. Healthcare Realty Trust's revenue for the quarter was down 2.2% on a year-over-year basis. On average, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Monday, February 26th were paid a dividend of $0.31 per share. The ex-dividend date was Friday, February 23rd. This represents a $1.24 annualized dividend and a yield of 8.71%. Healthcare Realty Trust's dividend payout ratio is currently -167.57%.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of recent research reports. Stifel Nicolaus cut Healthcare Realty Trust from a "buy" rating to a "hold" rating and decreased their target price for the stock from $19.00 to $15.00 in a report on Tuesday, February 20th. JPMorgan Chase & Co. lowered their price target on shares of Healthcare Realty Trust from $19.00 to $17.00 and set an "overweight" rating on the stock in a report on Wednesday, March 6th. Wedbush downgraded shares of Healthcare Realty Trust from an "outperform" rating to a "neutral" rating and decreased their price objective for the company from $19.00 to $15.00 in a research report on Tuesday, February 20th. 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. Finally, Wells Fargo & Company decreased 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 report on Wednesday, April 10th. One 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. According to data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of "Hold" and a consensus price target of $17.20.

Healthcare Realty Trust 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.