Cubist Systematic Strategies LLC Lowers Position in Healthcare Realty Trust Inc (NYSE:HR)

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Cubist Systematic Strategies LLC cut its stake in shares of Healthcare Realty Trust Inc (NYSE:HR) by 84.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,715 shares of the real estate investment trust’s stock after selling 47,406 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Healthcare Realty Trust were worth $273,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Capital Advisors Inc. OK lifted its position in shares of Healthcare Realty Trust by 313.3% in the second quarter. Capital Advisors Inc. OK now owns 335,793 shares of the real estate investment trust’s stock valued at $10,517,000 after acquiring an additional 254,552 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Healthcare Realty Trust by 12.3% in the second quarter. Bank of New York Mellon Corp now owns 2,156,928 shares of the real estate investment trust’s stock valued at $67,555,000 after acquiring an additional 235,936 shares in the last quarter. FMR LLC lifted its position in shares of Healthcare Realty Trust by 3.6% in the first quarter. FMR LLC now owns 5,990,701 shares of the real estate investment trust’s stock valued at $192,361,000 after acquiring an additional 209,843 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Healthcare Realty Trust by 4.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,282,936 shares of the real estate investment trust’s stock valued at $71,502,000 after acquiring an additional 103,704 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Healthcare Realty Trust by 3.2% in the second quarter. Northern Trust Corp now owns 3,366,053 shares of the real estate investment trust’s stock valued at $105,425,000 after acquiring an additional 103,638 shares in the last quarter. Institutional investors own 96.64% of the company’s stock.

Shares of NYSE:HR traded up $0.03 during mid-day trading on Monday, reaching $33.70. The stock had a trading volume of 3,564 shares, compared to its average volume of 703,570. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.82. The company has a market cap of $4.37 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 9.75 and a beta of 0.31. Healthcare Realty Trust Inc has a 1 year low of $26.98 and a 1 year high of $34.39. The business’s 50 day moving average price is $33.28 and its 200 day moving average price is $32.33.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Tuesday, July 30th. The real estate investment trust reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.37). The firm had revenue of $116.32 million during the quarter, compared to analysts’ expectations of $114.50 million. Healthcare Realty Trust had a return on equity of 1.83% and a net margin of 7.08%. Healthcare Realty Trust’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.40 earnings per share. Analysts predict that Healthcare Realty Trust Inc will post 1.58 earnings per share for the current fiscal year.

HR has been the topic of a number of research analyst reports. ValuEngine downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Morgan Stanley boosted their target price on Healthcare Realty Trust from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 17th. Capital One Financial reiterated an “equal weight” rating on shares of Healthcare Realty Trust in a research report on Thursday, August 1st. Zacks Investment Research downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating in a research report on Saturday, October 5th. Finally, Berenberg Bank initiated coverage on Healthcare Realty Trust in a research report on Thursday, September 12th. They issued a “buy” rating on the stock. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $34.20.

About Healthcare Realty Trust

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion.

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Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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