Commerzbank Aktiengesellschaft FI Grows Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Commerzbank Aktiengesellschaft FI lifted its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 59.1% in the fourth quarter, HoldingsChannel reports. The firm owned 47,138 shares of the real estate investment trust’s stock after acquiring an additional 17,505 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Healthcare Realty Trust were worth $784,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bank of New York Mellon Corp boosted its holdings in Healthcare Realty Trust by 12.0% in the fourth quarter. Bank of New York Mellon Corp now owns 4,630,973 shares of the real estate investment trust’s stock valued at $78,495,000 after purchasing an additional 495,599 shares during the period. Pzena Investment Management LLC purchased a new position in Healthcare Realty Trust in the third quarter valued at $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Healthcare Realty Trust by 358.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust’s stock valued at $38,879,000 after purchasing an additional 1,674,583 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its holdings 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 during the period. Finally, Aew Capital Management L P lifted its holdings in 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 buying an additional 865,840 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on HR. Wedbush reaffirmed an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Scotiabank decreased their price target on 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. StockNews.com downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday, December 20th. Finally, Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price target for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Healthcare Realty Trust presently has an average rating of “Hold” and an average target price of $17.20.

Insider Activity at Healthcare Realty Trust

In related news, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average price of $17.21 per share, for a total transaction of $172,100.00. Following the transaction, the director now directly owns 26,576 shares of the company’s stock, valued at approximately $457,372.96. The trade was a 60.33 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.56% of the stock is currently owned by insiders.

Healthcare Realty Trust Stock Performance

HR opened at $16.69 on Wednesday. The business’s 50-day simple moving average is $16.63 and its 200-day simple moving average is $17.36. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90. The stock has a market capitalization of $5.86 billion, a P/E ratio of -9.38 and a beta of 0.94.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS 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 business had revenue of $309.77 million for the quarter, compared to analysts’ expectations of $303.81 million. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The business’s revenue was down 6.3% compared to the same quarter last year. On average, equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.43%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -69.66%.

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.