Nomura Holdings Inc. bought a new stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 85,511 shares of the real estate investment trust’s stock, valued at approximately $1,449,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Blue Trust Inc. lifted its position in Healthcare Realty Trust by 130.3% during the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 925 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Healthcare Realty Trust by 59.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 612 shares during the last quarter. Synergy Investment Management LLC bought a new position in shares of Healthcare Realty Trust during the fourth quarter worth $36,000. Lazard Asset Management LLC bought a new position in shares of Healthcare Realty Trust during the fourth quarter worth $45,000. Finally, Jones Financial Companies Lllp lifted its position in Healthcare Realty Trust by 68.7% during the fourth quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock valued at $52,000 after purchasing an additional 1,249 shares during the last quarter.
Analyst Upgrades and Downgrades
HR has been the subject of several research reports. Wells Fargo & Company lowered their price objective on shares of 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. StockNews.com upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday, May 8th. 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 report on Monday, May 5th. Finally, Scotiabank lowered 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 report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to data from MarketBeat, Healthcare Realty Trust currently has an average rating of “Hold” and a consensus price target of $17.00.
Insider Buying and Selling
In related news, Director Thomas N. Bohjalian purchased 2,500 shares of Healthcare Realty Trust stock in a transaction that occurred on Tuesday, May 13th. The shares were bought at an average price of $14.71 per share, with a total value of $36,775.00. Following the purchase, the director now directly owns 56,502 shares of the company’s stock, valued at approximately $831,144.42. This represents a 4.63% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.37% of the stock is currently owned by insiders.
Healthcare Realty Trust Trading Up 1.6%
Healthcare Realty Trust stock opened at $15.03 on Friday. The firm has a 50-day moving average price of $15.85 and a 200-day moving average price of $16.62. The firm has a market capitalization of $5.28 billion, a PE ratio of -8.44 and a beta of 0.92. Healthcare Realty Trust Incorporated has a 12-month low of $14.45 and a 12-month high of $18.90.
Healthcare Realty Trust (NYSE:HR – Get Free Report) last released its earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $288.86 million during the quarter, compared to analyst estimates of $297.39 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The business’s revenue was down 9.2% on a year-over-year basis. During the same quarter last year, the business earned $0.39 EPS. As a group, sell-side analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.
Healthcare Realty Trust Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Monday, May 12th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 8.25%. The ex-dividend date of this dividend is Monday, May 12th. Healthcare Realty Trust’s dividend payout ratio is presently -113.76%.
Healthcare Realty Trust Company 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.
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