Free Trial

Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Sapience Investments LLC

Healthcare Realty Trust logo with Finance background

Sapience Investments LLC cut its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 15.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 226,822 shares of the real estate investment trust's stock after selling 41,898 shares during the quarter. Healthcare Realty Trust comprises 2.2% of Sapience Investments LLC's investment portfolio, making the stock its 4th biggest position. Sapience Investments LLC owned about 0.06% of Healthcare Realty Trust worth $3,845,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Proficio Capital Partners LLC acquired a new stake in shares of Healthcare Realty Trust during the 4th quarter worth about $440,000. Steward Partners Investment Advisory LLC grew its position in shares of Healthcare Realty Trust by 3,419.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 28,510 shares of the real estate investment trust's stock valued at $483,000 after buying an additional 27,700 shares during the last quarter. Geneos Wealth Management Inc. purchased a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at about $399,000. Barclays PLC grew its position 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 acquiring an additional 388,305 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its position in Healthcare Realty Trust by 22.4% during the 4th quarter. Russell Investments Group Ltd. now owns 2,772,522 shares of the real estate investment trust's stock worth $46,993,000 after purchasing an additional 508,045 shares during the last quarter.

Insider Buying and Selling at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian acquired 2,500 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was acquired at an average price of $14.71 per share, for a total transaction of $36,775.00. Following the completion of the acquisition, the director now directly owns 56,502 shares in the company, valued at $831,144.42. This represents a 4.63% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 0.37% of the stock is currently owned by company insiders.

Healthcare Realty Trust Stock Up 0.2%

Shares of NYSE HR traded up $0.04 during trading on Thursday, reaching $14.40. 996,067 shares of the stock were exchanged, compared to its average volume of 3,163,610. Healthcare Realty Trust Incorporated has a twelve month low of $14.25 and a twelve month high of $18.90. The company has a market capitalization of $5.06 billion, a price-to-earnings ratio of -8.08 and a beta of 0.92. The business's 50-day moving average price is $15.76 and its 200 day moving average price is $16.58.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its quarterly earnings results 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 the consensus estimate of $297.39 million. During the same period last year, the firm earned $0.39 earnings per share. The company's revenue for the quarter was down 9.2% compared to the same quarter last year. As a group, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 12th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 8.61%. The ex-dividend date of this dividend is Monday, May 12th. Healthcare Realty Trust's dividend payout ratio is presently -113.76%.

Analysts Set New Price Targets

HR has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Wednesday. Wells Fargo & Company cut their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a report on Monday, March 10th. Wedbush decreased their price objective on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a research note on Monday, May 5th. Finally, Scotiabank lowered their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $17.00.

Get Our Latest Stock Report on HR

About Healthcare Realty Trust

(Free Report)

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.

Featured Stories

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

Should You Invest $1,000 in Healthcare Realty Trust Right Now?

Before you consider Healthcare Realty Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Healthcare Realty Trust wasn't on the list.

While Healthcare Realty Trust currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines