Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System trimmed its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 13.1% during the 4th quarter, Holdings Channel reports. The fund owned 18,852 shares of the real estate investment trust’s stock after selling 2,840 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Healthcare Realty Trust were worth $320,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its position in shares of Healthcare Realty Trust by 59.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 612 shares during the period. Pacer Advisors Inc. raised its holdings in Healthcare Realty Trust by 1.1% in the 4th quarter. Pacer Advisors Inc. now owns 70,776 shares of the real estate investment trust’s stock worth $1,200,000 after purchasing an additional 786 shares during the period. Park Avenue Securities LLC boosted its position in Healthcare Realty Trust by 4.1% during the fourth quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust’s stock worth $342,000 after purchasing an additional 793 shares in the last quarter. Consolidated Portfolio Review Corp grew its holdings in Healthcare Realty Trust by 1.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 55,333 shares of the real estate investment trust’s stock valued at $938,000 after purchasing an additional 808 shares during the period. Finally, Blue Trust Inc. increased its position in shares of Healthcare Realty Trust by 130.3% in the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 925 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on HR. Wells Fargo & Company dropped their price target on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating on the stock in a research note on Monday, March 10th. JPMorgan Chase & Co. cut shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a research note on Friday, December 20th. Scotiabank reduced 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. Wedbush reiterated an “outperform” rating and issued a $16.00 price objective on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Finally, Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their target price for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $17.00.

Healthcare Realty Trust Trading Down 1.9 %

HR opened at $16.56 on Wednesday. Healthcare Realty Trust Incorporated has a twelve month low of $13.37 and a twelve month high of $18.90. The firm has a market capitalization of $5.81 billion, a PE ratio of -9.30 and a beta of 0.97. The firm’s 50-day moving average price is $16.64 and its 200 day moving average price is $17.24.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business 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 earned $0.39 earnings per share. The business’s revenue was down 6.3% compared to the same quarter last year. As a group, analysts predict 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 declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 annualized dividend and a dividend yield of 7.49%. Healthcare Realty Trust’s dividend payout ratio is presently -69.66%.

Healthcare Realty Trust 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.