Ensign Peak Advisors Inc Sells 40,935 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Ensign Peak Advisors Inc lowered its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 19.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,879 shares of the real estate investment trust’s stock after selling 40,935 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Healthcare Realty Trust were worth $2,930,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Norges Bank bought a new position in Healthcare Realty Trust in the 4th quarter valued at $76,825,000. Deprince Race & Zollo Inc. bought a new position in Healthcare Realty Trust in the 4th quarter valued at $39,337,000. Lasalle Investment Management Securities LLC bought a new position in Healthcare Realty Trust in the 4th quarter valued at $31,398,000. Northern Trust Corp grew its stake in Healthcare Realty Trust by 40.3% in the 4th quarter. Northern Trust Corp now owns 4,040,969 shares of the real estate investment trust’s stock valued at $68,494,000 after purchasing an additional 1,159,763 shares during the period. Finally, Candriam S.C.A. grew its stake in Healthcare Realty Trust by 201.4% in the 4th quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust’s stock valued at $29,318,000 after purchasing an additional 1,155,745 shares during the period.

Insiders Place Their Bets

In related news, Director Thomas N. Bohjalian bought 2,500 shares of the business’s stock in a transaction on Tuesday, May 13th. The stock was acquired at an average price of $14.71 per share, for a total transaction of $36,775.00. Following the purchase, the director now directly owns 56,502 shares in the company, valued at $831,144.42. This trade represents a 4.63% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.37% of the stock is owned by corporate insiders.

Healthcare Realty Trust Stock Performance

HR stock opened at $14.80 on Friday. The company has a market capitalization of $5.19 billion, a price-to-earnings ratio of -8.31 and a beta of 0.92. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.45 and a fifty-two week high of $18.90. The stock has a fifty day moving average of $15.88 and a 200-day moving average of $16.65.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. The company had revenue of $288.86 million during the quarter, compared to the consensus estimate of $297.39 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm’s quarterly revenue was down 9.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 EPS. Equities analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 12th will be paid a $0.31 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.24 annualized dividend and a yield of 8.38%. Healthcare Realty Trust’s dividend payout ratio is currently -113.76%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HR. StockNews.com upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, May 8th. Wells Fargo & Company reduced their price objective 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. Wedbush reduced their price objective on Healthcare Realty Trust from $18.00 to $16.00 and set a “neutral” rating for the company in a research note on Monday, May 5th. Finally, Scotiabank reduced their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $17.00.

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.