Healthcare Realty Trust Incorporated (NYSE:HR) Director Thomas N. Bohjalian Purchases 2,500 Shares of Stock

Healthcare Realty Trust Incorporated (NYSE:HR) Director Thomas N. Bohjalian bought 2,500 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were purchased at an average cost 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 $831,144.42. The trade was a 4.63% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

Healthcare Realty Trust Stock Down 1.0%

Shares of NYSE:HR opened at $14.56 on Thursday. Healthcare Realty Trust Incorporated has a twelve month low of $14.45 and a twelve month high of $18.90. The stock’s 50 day moving average is $15.92 and its 200-day moving average is $16.67. The firm has a market capitalization of $5.11 billion, a price-to-earnings ratio of -8.18 and a beta of 0.92.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.39. The firm had revenue of $288.86 million for 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 quarterly revenue was down 9.2% compared to the same quarter last year. During the same period last year, the firm earned $0.39 earnings per share. Equities research analysts anticipate 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 will be paid on Friday, May 23rd. Stockholders of record on Monday, May 12th will be issued a $0.31 dividend. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.52%. Healthcare Realty Trust’s dividend payout ratio is presently -113.76%.

Wall Street Analyst Weigh In

HR has been the topic of a number of recent analyst reports. StockNews.com raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, May 8th. Wells Fargo & Company cut their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating on the stock in a report on Monday, March 10th. 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 note on Monday, May 5th. Finally, Scotiabank cut their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock 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. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $17.00.

Hedge Funds Weigh In On Healthcare Realty Trust

Several large investors have recently bought and sold shares of HR. Golden State Wealth Management LLC bought a new position in shares of Healthcare Realty Trust during the first quarter valued at about $26,000. Smartleaf Asset Management LLC increased its stake in Healthcare Realty Trust by 59.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 612 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 925 shares in the last quarter. SVB Wealth LLC purchased a new position in shares of Healthcare Realty Trust in the 1st quarter worth approximately $35,000. Finally, Synergy Investment Management LLC bought a new position in shares of Healthcare Realty Trust in the fourth quarter valued at approximately $36,000.

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.