Healthcare Realty Trust Incorporated (NYSE:HR) is Nuance Investments LLC's 7th Largest Position

Nuance Investments LLC trimmed its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,970,051 shares of the real estate investment trust's stock after selling 622,958 shares during the period. Healthcare Realty Trust comprises about 4.3% of Nuance Investments LLC's investment portfolio, making the stock its 7th biggest position. Nuance Investments LLC owned about 2.88% of Healthcare Realty Trust worth $189,014,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in HR. Commonwealth Equity Services LLC increased its holdings in shares of Healthcare Realty Trust by 1.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 81,214 shares of the real estate investment trust's stock worth $1,240,000 after buying an additional 953 shares during the last quarter. Advisor Partners II LLC bought a new position in shares of Healthcare Realty Trust during the 3rd quarter worth approximately $171,000. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Healthcare Realty Trust by 14.6% in the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,071,884 shares of the real estate investment trust's stock worth $46,908,000 after purchasing an additional 390,367 shares in the last quarter. Panagora Asset Management Inc. raised its position in shares of Healthcare Realty Trust by 31.9% in the 3rd quarter. Panagora Asset Management Inc. now owns 16,136 shares of the real estate investment trust's stock valued at $246,000 after purchasing an additional 3,900 shares during the last quarter. Finally, Money Concepts Capital Corp raised its holdings in shares of Healthcare Realty Trust by 5.8% in the third quarter. Money Concepts Capital Corp now owns 27,927 shares of the real estate investment trust's stock worth $427,000 after buying an additional 1,519 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on HR shares. Deutsche Bank Aktiengesellschaft began 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. JPMorgan Chase & Co. lowered their price objective on Healthcare Realty Trust from $19.00 to $17.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 6th. Wells Fargo & Company cut their target price on shares of Healthcare Realty Trust from $18.00 to $15.00 and set an "equal weight" rating for the company in a report on Wednesday, April 10th. Stifel Nicolaus downgraded shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and lowered their price target for the stock from $19.00 to $15.00 in a report on Tuesday, February 20th. Finally, Wedbush lifted their price objective on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the company a "neutral" rating in a report on Wednesday. One investment 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, the stock has a consensus rating of "Hold" and an average target price of $17.30.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR traded up $0.32 during trading on Friday, reaching $15.37. The stock had a trading volume of 2,635,714 shares, compared to its average volume of 4,267,203. The company has a market cap of $5.86 billion, a P/E ratio of -11.56 and a beta of 0.78. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $20.30. The business's 50-day moving average price is $14.01 and its 200-day moving average price is $15.08.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings data 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). Healthcare Realty Trust had a negative net margin of 37.53% and a negative return on equity of 7.22%. The company had revenue of $330.40 million during the quarter, compared to analyst estimates of $334.32 million. During the same quarter in the previous year, the business posted $0.42 earnings per share. The firm's revenue was down 2.2% on a year-over-year basis. Analysts forecast that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 23rd. Investors of record on Monday, May 13th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.07%. Healthcare Realty Trust's payout ratio is currently -93.23%.

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.

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