Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 46,617 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 31.8% in the fourth quarter, HoldingsChannel reports. The fund owned 193,140 shares of the real estate investment trust’s stock after acquiring an additional 46,617 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Healthcare Realty Trust were worth $3,274,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Teacher Retirement System of Texas bought a new stake in shares of Healthcare Realty Trust during the fourth quarter worth approximately $1,107,000. Intech Investment Management LLC acquired a new stake in shares of Healthcare Realty Trust in the fourth quarter valued at approximately $410,000. Advisors Asset Management Inc. raised its position in shares of Healthcare Realty Trust by 8.6% in the fourth quarter. Advisors Asset Management Inc. now owns 139,343 shares of the real estate investment trust’s stock valued at $2,362,000 after buying an additional 11,082 shares in the last quarter. Signaturefd LLC raised its position in shares of Healthcare Realty Trust by 6.1% in the fourth quarter. Signaturefd LLC now owns 26,428 shares of the real estate investment trust’s stock valued at $448,000 after buying an additional 1,516 shares in the last quarter. Finally, Cibc World Markets Corp raised its position in shares of Healthcare Realty Trust by 7.4% in the fourth quarter. Cibc World Markets Corp now owns 103,045 shares of the real estate investment trust’s stock valued at $1,747,000 after buying an additional 7,106 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HR. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a research report on Friday, December 20th. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their price target for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Wells Fargo & Company dropped their price target 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. Scotiabank dropped their price target 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. Finally, StockNews.com upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $17.00.

Healthcare Realty Trust Price Performance

Shares of HR opened at $16.60 on Monday. Healthcare Realty Trust Incorporated has a one year low of $13.29 and a one year high of $18.90. The company has a market cap of $5.82 billion, a P/E ratio of -9.32 and a beta of 0.97. The firm has a 50 day simple moving average of $16.62 and a two-hundred day simple moving average of $17.26.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results 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 analysts’ expectations 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 revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.39 earnings per share. On average, analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.31 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.47%. Healthcare Realty Trust’s payout ratio is presently -69.66%.

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.