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Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 17.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 335,000 shares of the real estate investment trust's stock after selling 71,812 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.09% of Healthcare Realty Trust worth $5,772,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rush Island Management LP boosted its position in shares of Healthcare Realty Trust by 43.7% in the 3rd quarter. Rush Island Management LP now owns 11,010,401 shares of the real estate investment trust's stock worth $168,129,000 after purchasing an additional 3,350,506 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in shares of Healthcare Realty Trust by 23.8% in the 3rd quarter. Canada Pension Plan Investment Board now owns 7,084,221 shares of the real estate investment trust's stock worth $108,176,000 after purchasing an additional 1,360,105 shares in the last quarter. Beach Investment Counsel Inc. PA boosted its position in shares of Healthcare Realty Trust by 148.6% in the 4th quarter. Beach Investment Counsel Inc. PA now owns 1,690,994 shares of the real estate investment trust's stock worth $29,136,000 after purchasing an additional 1,010,841 shares in the last quarter. Adage Capital Partners GP L.L.C. boosted its position in shares of Healthcare Realty Trust by 35.9% in the 3rd quarter. Adage Capital Partners GP L.L.C. now owns 2,650,000 shares of the real estate investment trust's stock worth $40,466,000 after purchasing an additional 700,000 shares in the last quarter. Finally, Lasalle Investment Management Securities LLC boosted its position in shares of Healthcare Realty Trust by 33.9% in the 3rd quarter. Lasalle Investment Management Securities LLC now owns 2,615,356 shares of the real estate investment trust's stock worth $39,936,000 after purchasing an additional 662,047 shares in the last quarter.


Healthcare Realty Trust Stock Performance

Shares of NYSE HR traded up $0.02 during midday trading on Tuesday, hitting $15.99. 3,225,065 shares of the stock traded hands, compared to its average volume of 3,499,327. The firm has a 50-day moving average of $14.30 and a two-hundred day moving average of $15.15. The firm has a market capitalization of $6.05 billion, a P/E ratio of -12.10 and a beta of 0.78. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $20.25.

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) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.51). The firm had revenue of $330.40 million for the quarter, compared to the consensus estimate of $334.32 million. Healthcare Realty Trust had a negative net margin of 37.53% and a negative return on equity of 7.22%. Healthcare Realty Trust's quarterly revenue was down 2.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.42 earnings per share. Equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.56 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 23rd. Stockholders of record on Monday, May 13th will be paid a $0.31 dividend. The ex-dividend date is Friday, May 10th. This represents a $1.24 annualized dividend and a dividend yield of 7.75%. Healthcare Realty Trust's dividend payout ratio (DPR) is -93.23%.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of analyst reports. Stifel Nicolaus cut Healthcare Realty Trust from a "buy" rating to a "hold" rating and dropped their price target for the stock from $19.00 to $15.00 in a research report on Tuesday, February 20th. Wells Fargo & Company lowered their price objective 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. Deutsche Bank Aktiengesellschaft assumed coverage on Healthcare Realty Trust in a research report on Tuesday, January 30th. They issued a "hold" rating and a $18.00 price objective on the stock. 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. Finally, Scotiabank upped their price objective on Healthcare Realty Trust from $15.00 to $16.00 and gave the company a "sector perform" rating in a research report on Thursday, May 16th. 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 company's stock. According to MarketBeat, Healthcare Realty Trust presently has a consensus rating of "Hold" and an average price target of $17.20.

Check Out Our Latest Research Report on HR

Healthcare Realty Trust Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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