Daiwa Securities Group Inc. Sells 267,413 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Daiwa Securities Group Inc. reduced its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 2.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,280,269 shares of the real estate investment trust’s stock after selling 267,413 shares during the period. Healthcare Realty Trust accounts for approximately 0.9% of Daiwa Securities Group Inc.’s holdings, making the stock its 26th biggest position. Daiwa Securities Group Inc. owned about 3.47% of Healthcare Realty Trust worth $208,150,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pzena Investment Management LLC acquired a new position in Healthcare Realty Trust during the 3rd quarter worth $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Healthcare Realty Trust by 358.2% during the 3rd 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 worth $38,879,000 after purchasing an additional 1,674,583 shares during the last quarter. Candriam S.C.A. boosted its stake in Healthcare Realty Trust by 201.4% during the 4th quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust’s stock valued at $29,318,000 after purchasing an additional 1,155,745 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in Healthcare Realty Trust by 289.5% during the 4th 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 grew its holdings in Healthcare Realty Trust by 1,582.3% in the 4th quarter. Aew Capital Management L P now owns 920,560 shares of the real estate investment trust’s stock valued at $15,603,000 after buying an additional 865,840 shares during the last quarter.

Healthcare Realty Trust Stock Performance

NYSE:HR opened at $16.78 on Monday. The company has a market capitalization of $5.89 billion, a price-to-earnings ratio of -9.42 and a beta of 0.97. The company has a 50-day moving average of $16.61 and a 200-day moving average of $17.34. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. The company had revenue of $309.77 million for the quarter, compared to the consensus estimate of $303.81 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The company’s quarterly revenue was down 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share. Sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.31 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.39%. Healthcare Realty Trust’s payout ratio is presently -69.66%.

Wall Street Analyst Weigh In

HR has been the subject of a number of research analyst reports. Wedbush reiterated an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a report on Thursday, February 20th. StockNews.com cut shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, March 5th. 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 report on Tuesday, February 25th. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective for the company. in a research report on Friday, December 20th. Finally, Jefferies Financial Group cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their target price for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $17.20.

Insider Activity

In other Healthcare Realty Trust news, Director Peter F. Sr Lyle, Sr. bought 10,000 shares of Healthcare Realty Trust stock in a transaction dated Friday, December 13th. The shares were acquired at an average cost of $17.21 per share, with a total value of $172,100.00. Following the acquisition, the director now directly owns 26,576 shares of the company’s stock, valued at $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.56% of the stock is owned by corporate insiders.

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.