Stifel Financial Corp Boosts Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Stifel Financial Corp increased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 48.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,665 shares of the real estate investment trust's stock after buying an additional 40,937 shares during the period. Stifel Financial Corp's holdings in Healthcare Realty Trust were worth $2,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its holdings in shares of Healthcare Realty Trust by 12.0% during the 4th quarter. Bank of New York Mellon Corp now owns 4,630,973 shares of the real estate investment trust's stock worth $78,495,000 after purchasing an additional 495,599 shares during the last quarter. Norges Bank acquired a new position in Healthcare Realty Trust during the fourth quarter worth $76,825,000. Sei Investments Co. grew its holdings in Healthcare Realty Trust by 17.4% in the 4th quarter. Sei Investments Co. now owns 2,849,743 shares of the real estate investment trust's stock valued at $48,303,000 after buying an additional 422,940 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Healthcare Realty Trust by 22.4% in 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 acquiring an additional 508,045 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC purchased a new position in shares of Healthcare Realty Trust during the 4th quarter worth $31,398,000.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on HR shares. Wells Fargo & Company lowered their price objective on 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. Wedbush lowered their price objective on shares of Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating for the company in a research note on Monday. Scotiabank reduced their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Finally, StockNews.com raised 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 given a hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $17.00.

Healthcare Realty Trust Stock Performance

Shares of NYSE:HR traded up $0.11 on Thursday, hitting $15.32. 2,441,729 shares of the company's stock were exchanged, compared to its average volume of 3,216,969. Healthcare Realty Trust Incorporated has a 1-year low of $14.53 and a 1-year high of $18.90. The company has a market capitalization of $5.37 billion, a PE ratio of -8.60 and a beta of 0.92. The firm's 50-day moving average is $16.09 and its 200 day moving average is $16.77.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The business had revenue of $288.86 million during the quarter, compared to the consensus estimate of $297.39 million. During the same quarter in the previous year, the firm earned $0.39 EPS. The company's revenue was down 9.2% compared to the same quarter last year. On average, analysts anticipate 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. Stockholders of record on Monday, May 12th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 8.10%. The ex-dividend date of this dividend is Monday, May 12th. Healthcare Realty Trust's payout ratio is currently -113.76%.

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.