21,195 Shares in Healthcare Realty Trust Incorporated (NYSE:HR) Acquired by Quantessence Capital LLC

Quantessence Capital LLC bought a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 21,195 shares of the real estate investment trust’s stock, valued at approximately $359,000.

Several other hedge funds and other institutional investors have also bought and sold shares of HR. MML Investors Services LLC lifted its stake in shares of Healthcare Realty Trust by 6.1% during the 3rd quarter. MML Investors Services LLC now owns 24,487 shares of the real estate investment trust’s stock worth $444,000 after purchasing an additional 1,416 shares during the last quarter. Barclays PLC lifted its position in shares of Healthcare Realty Trust by 116.2% during the third quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust’s stock valued at $13,117,000 after buying an additional 388,305 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Healthcare Realty Trust during the third quarter valued at about $194,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at about $78,000. Finally, Franklin Resources Inc. grew its position in shares of Healthcare Realty Trust by 3.6% in the 3rd quarter. Franklin Resources Inc. now owns 180,958 shares of the real estate investment trust’s stock worth $3,160,000 after buying an additional 6,238 shares during the last quarter.

Healthcare Realty Trust Price Performance

Shares of HR opened at $15.78 on Wednesday. The firm has a market capitalization of $5.53 billion, a PE ratio of -8.86 and a beta of 0.85. The company’s fifty day moving average price is $16.37 and its 200-day moving average price is $16.93. Healthcare Realty Trust Incorporated has a 1-year low of $13.94 and a 1-year 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, topping analysts’ consensus estimates of $0.39 by $0.01. The firm had revenue of $309.77 million for 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 business’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 earnings per share. As a group, research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 7.86%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust’s payout ratio is -69.66%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on HR. Scotiabank decreased 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 research report on Tuesday, February 25th. StockNews.com cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, March 27th. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their target price for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wells Fargo & Company decreased their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research note on Monday, March 10th. Finally, Wedbush upgraded Healthcare Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, April 7th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $17.00.

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.