Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by LDR Capital Management LLC

LDR Capital Management LLC lowered its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 50.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 141,844 shares of the real estate investment trust’s stock after selling 145,240 shares during the quarter. Healthcare Realty Trust makes up approximately 3.3% of LDR Capital Management LLC’s holdings, making the stock its 10th largest position. LDR Capital Management LLC’s holdings in Healthcare Realty Trust were worth $2,404,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in HR. Capital Investment Advisors LLC lifted its holdings in shares of Healthcare Realty Trust by 31.0% during the 4th quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust’s stock valued at $7,955,000 after buying an additional 111,125 shares during the last quarter. Cerity Partners LLC boosted its stake in Healthcare Realty Trust by 106.4% in the 3rd quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust’s stock valued at $1,407,000 after buying an additional 39,975 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Healthcare Realty Trust in the third quarter worth $849,000. Stifel Financial Corp lifted its stake in shares of Healthcare Realty Trust by 13.4% during the third quarter. Stifel Financial Corp now owns 84,728 shares of the real estate investment trust’s stock valued at $1,538,000 after acquiring an additional 10,044 shares during the period. Finally, Weiss Asset Management LP acquired a new position in shares of Healthcare Realty Trust during the third quarter valued at $1,471,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on HR shares. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday, December 20th. Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price objective for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Finally, Wedbush reiterated an “outperform” rating and set a $16.00 target price on shares of Healthcare Realty Trust in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust has an average rating of “Hold” and an average price target of $17.40.

Insider Buying and Selling

In other news, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Friday, December 13th. The shares were bought at an average cost of $17.21 per share, with a total value of $172,100.00. Following the transaction, the director now directly owns 26,576 shares of the company’s stock, valued at $457,372.96. This trade represents a 60.33 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.56% of the stock is currently owned by insiders.

Healthcare Realty Trust Stock Down 0.5 %

Healthcare Realty Trust stock opened at $16.50 on Friday. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90. The firm’s fifty day moving average price is $16.65 and its 200-day moving average price is $17.40.

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. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The company had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same period in the prior year, the business posted $0.39 earnings per share. Healthcare Realty Trust’s revenue for the quarter was down 6.3% on a year-over-year basis. On average, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.52%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio is currently -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.