Price T Rowe Associates Inc. MD Sells 198,372 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Price T Rowe Associates Inc. MD trimmed its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 46.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 about 0.07% of Healthcare Realty Trust worth $3,922,000 as of its most recent SEC filing.

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

Healthcare Realty Trust Stock Performance

HR opened at $15.24 on Monday. The company has a fifty day moving average price of $16.20 and a two-hundred day moving average price of $16.82. The firm has a market capitalization of $5.35 billion, a PE ratio of -8.56 and a beta of 0.92. Healthcare Realty Trust Incorporated has a 52 week low of $14.53 and a 52 week high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.39 EPS for the quarter, hitting analysts' consensus estimates of $0.39. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business had revenue of $288.86 million during the quarter, compared to analysts' expectations of $297.39 million. During the same period in the previous year, the firm earned $0.39 earnings per share. The firm's quarterly revenue was down 9.2% compared to the same quarter last year. Equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

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 paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 8.14%. The ex-dividend date of this dividend is Monday, May 12th. Healthcare Realty Trust's payout ratio is -113.76%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HR. Wedbush raised shares of Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a report on Monday, April 7th. Scotiabank decreased their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. Wells Fargo & Company dropped their price objective on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a research report on Monday, March 10th. Finally, StockNews.com upgraded Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Wednesday, April 30th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $17.00.

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.

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