New Age Alpha Advisors LLC Makes New $2.28 Million Investment in Healthcare Realty Trust Incorporated (NYSE:HR)

New Age Alpha Advisors LLC acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) in the 4th quarter, Holdings Channel reports. The fund acquired 134,289 shares of the real estate investment trust’s stock, valued at approximately $2,276,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Investment Advisors LLC boosted its position in Healthcare Realty Trust by 31.0% in the fourth 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 holdings in shares of 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 acquiring an additional 39,975 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Healthcare Realty Trust in the fourth quarter worth $440,000. Steward Partners Investment Advisory LLC raised its holdings in shares of Healthcare Realty Trust by 3,419.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 28,510 shares of the real estate investment trust’s stock worth $483,000 after purchasing an additional 27,700 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in Healthcare Realty Trust during the third quarter valued at $849,000.

Healthcare Realty Trust Trading Down 0.0 %

Shares of HR opened at $16.76 on Friday. The firm has a market cap of $5.88 billion, a P/E ratio of -9.41 and a beta of 0.97. The stock’s 50 day moving average is $16.66 and its two-hundred day moving average is $17.22. Healthcare Realty Trust Incorporated has a 12 month low of $13.64 and a 12 month high of $18.90.

Healthcare Realty Trust (NYSE:HR) last released 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. The firm had revenue of $309.77 million for the quarter, compared to analysts’ expectations of $303.81 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The firm’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 EPS. Equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were given a dividend of $0.31 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.24 annualized dividend and a dividend yield of 7.40%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -69.66%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. 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 research report on Monday, March 10th. StockNews.com cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research report on Friday, December 20th. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their target price for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, Wedbush reissued an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $17.00.

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.