Oregon Public Employees Retirement Fund Decreases Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Oregon Public Employees Retirement Fund trimmed its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,078 shares of the real estate investment trust’s stock after selling 1,500 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Healthcare Realty Trust were worth $1,222,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of HR. Private Advisor Group LLC raised its position in shares of Healthcare Realty Trust by 3.6% during the 3rd quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock valued at $551,000 after buying an additional 1,062 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Healthcare Realty Trust by 33.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,693 shares of the real estate investment trust’s stock valued at $267,000 after buying an additional 3,715 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Healthcare Realty Trust by 5.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 44,034 shares of the real estate investment trust’s stock valued at $799,000 after buying an additional 2,446 shares during the period. abrdn plc raised its position in shares of Healthcare Realty Trust by 2.6% during the 3rd quarter. abrdn plc now owns 252,889 shares of the real estate investment trust’s stock valued at $4,590,000 after buying an additional 6,419 shares during the period. Finally, US Bancorp DE raised its position in shares of Healthcare Realty Trust by 15.1% during the 3rd quarter. US Bancorp DE now owns 18,899 shares of the real estate investment trust’s stock valued at $343,000 after buying an additional 2,475 shares during the period.

Healthcare Realty Trust Stock Performance

Healthcare Realty Trust stock opened at $17.11 on Friday. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90. The firm has a 50 day moving average price of $16.63 and a 200 day moving average price of $17.37. The company has a market capitalization of $6.06 billion, a PE ratio of -9.61 and a beta of 0.94.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, topping the consensus estimate of $0.39 by $0.01. The business had revenue of $309.77 million during the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm posted $0.39 earnings per share. As a group, equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be paid a $0.31 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.24 annualized dividend and a dividend yield of 7.25%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -69.66%.

Analyst Ratings Changes

Several research firms have recently commented on HR. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their price target for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target on the stock. in a research report on Friday, December 20th. Scotiabank dropped their target price 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. StockNews.com upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, Wedbush reiterated an “outperform” rating and issued a $16.00 target price on shares of Healthcare Realty Trust in a report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Healthcare Realty Trust has an average rating of “Hold” and an average price target of $17.20.

Insiders Place Their Bets

In related news, COO Robert E. Hull sold 10,000 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total transaction of $174,800.00. Following the completion of the transaction, the chief operating officer now owns 171,400 shares in the company, valued at approximately $2,996,072. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.56% of the company’s stock.

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.