Quantessence Capital LLC Buys Shares of 21,195 Healthcare Realty Trust Incorporated (NYSE:HR)

Quantessence Capital LLC bought a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 21,195 shares of the real estate investment trust's stock, valued at approximately $359,000.

Other hedge funds have also modified their holdings of the company. Norges Bank bought a new stake in Healthcare Realty Trust during the 4th quarter worth about $76,825,000. Lasalle Investment Management Securities LLC acquired a new stake in shares of Healthcare Realty Trust in the fourth quarter valued at about $31,398,000. Candriam S.C.A. raised its holdings in Healthcare Realty Trust by 201.4% during the fourth quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust's stock worth $29,318,000 after acquiring an additional 1,155,745 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in Healthcare Realty Trust by 289.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust's stock valued at $26,308,000 after purchasing an additional 1,153,657 shares in the last quarter. Finally, Aew Capital Management L P increased its position in shares of Healthcare Realty Trust by 1,582.3% during the 4th quarter. Aew Capital Management L P now owns 920,560 shares of the real estate investment trust's stock worth $15,603,000 after purchasing an additional 865,840 shares during the last quarter.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR traded down $0.07 during trading hours on Monday, reaching $15.57. 401,106 shares of the stock were exchanged, compared to its average volume of 3,260,580. The firm has a market capitalization of $5.46 billion, a price-to-earnings ratio of -8.74 and a beta of 0.85. The stock's fifty day simple moving average is $16.31 and its 200 day simple moving average is $16.90. Healthcare Realty Trust Incorporated has a 52 week low of $14.07 and a 52 week high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The company had revenue of $309.77 million during the quarter, compared to the consensus estimate of $303.81 million. During the same quarter last year, the firm earned $0.39 earnings per share. The company's revenue was down 6.3% on a year-over-year basis. Research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.97%. Healthcare Realty Trust's payout ratio is presently -69.66%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Wedbush raised Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a report on Monday, April 7th. StockNews.com lowered Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. Scotiabank reduced 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 note on Tuesday, February 25th. Wells Fargo & Company dropped their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a research note on Monday, March 10th. Finally, Jefferies Financial Group downgraded Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their price target for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $17.00.

Healthcare Realty Trust Profile

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.