UniSuper Management Pty Ltd Sells 8,400 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

UniSuper Management Pty Ltd cut its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 7.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,300 shares of the real estate investment trust’s stock after selling 8,400 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Healthcare Realty Trust were worth $1,683,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Blue Trust Inc. grew its holdings in Healthcare Realty Trust by 130.3% in the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 925 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of Healthcare Realty Trust by 59.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 612 shares in the last quarter. Synergy Investment Management LLC purchased a new stake in shares of Healthcare Realty Trust in the 4th quarter worth approximately $36,000. Jones Financial Companies Lllp increased its position in Healthcare Realty Trust by 68.7% during the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock valued at $52,000 after buying an additional 1,249 shares in the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in Healthcare Realty Trust during the 3rd quarter valued at approximately $65,000.

Analysts Set New Price Targets

HR has been the topic of a number of recent research reports. Wells Fargo & Company cut their target price 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. Scotiabank reduced their price objective on shares of 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. Wedbush reaffirmed an “outperform” rating and issued a $16.00 target price on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Jefferies Financial Group cut shares of 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. Finally, 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 report on Friday, December 20th. Two investment 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Stock Down 0.0 %

Shares of HR stock opened at $16.76 on Monday. The company has a 50 day moving average price of $16.66 and a 200-day moving average price of $17.21. Healthcare Realty Trust Incorporated has a 52 week low of $13.64 and a 52 week high of $18.90. The firm has a market capitalization of $5.88 billion, a PE ratio of -9.41 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results 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 business had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The company’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.39 EPS. Analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 7.40%. Healthcare Realty Trust’s payout ratio is -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.