Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD lowered its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 46.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 231,372 shares of the real estate investment trust's stock after selling 198,372 shares during the period. Price T Rowe Associates Inc. MD owned 0.07% of Healthcare Realty Trust worth $3,922,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Barclays PLC boosted its position in shares of Healthcare Realty Trust by 116.2% during the 3rd quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust's stock worth $13,117,000 after acquiring an additional 388,305 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Healthcare Realty Trust in the third quarter valued at approximately $78,000. Franklin Resources Inc. increased its stake in Healthcare Realty Trust by 3.6% in the third quarter. Franklin Resources Inc. now owns 180,958 shares of the real estate investment trust's stock valued at $3,160,000 after purchasing an additional 6,238 shares during the last quarter. Capital Investment Advisors LLC increased its stake in Healthcare Realty Trust by 31.0% in the fourth quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust's stock valued at $7,955,000 after purchasing an additional 111,125 shares during the last quarter. Finally, Park Avenue Securities LLC raised its holdings in Healthcare Realty Trust by 4.1% during the fourth quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust's stock worth $342,000 after purchasing an additional 793 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research analysts recently commented on HR shares. StockNews.com raised shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Thursday. Wells Fargo & Company dropped their price objective on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a report on Monday, March 10th. Wedbush cut their target price on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a research report on Monday, May 5th. Finally, Scotiabank decreased their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of "Hold" and an average price target of $17.00.

Healthcare Realty Trust Stock Performance

NYSE HR traded up $0.04 during trading on Friday, reaching $15.36. The company's stock had a trading volume of 2,384,698 shares, compared to its average volume of 3,208,902. Healthcare Realty Trust Incorporated has a twelve month low of $14.53 and a twelve month high of $18.90. The firm has a market cap of $5.39 billion, a price-to-earnings ratio of -8.63 and a beta of 0.92. The business's fifty day moving average price is $16.03 and its 200-day moving average price is $16.73.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.39. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm had revenue of $288.86 million for the quarter, compared to analysts' expectations of $297.39 million. During the same quarter in the previous year, the firm posted $0.39 EPS. The firm's revenue for the quarter was down 9.2% on a year-over-year basis. As a group, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Monday, May 12th will be given a $0.31 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.24 dividend on an annualized basis and a yield of 8.07%. Healthcare Realty Trust's dividend payout ratio (DPR) is -113.76%.

About Healthcare Realty Trust

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.