Signaturefd LLC Buys 7,939 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Signaturefd LLC raised its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 58.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,618 shares of the real estate investment trust’s stock after acquiring an additional 7,939 shares during the quarter. Signaturefd LLC’s holdings in Healthcare Realty Trust were worth $372,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of HR. AE Wealth Management LLC boosted its position in Healthcare Realty Trust by 3.3% during the 3rd quarter. AE Wealth Management LLC now owns 38,313 shares of the real estate investment trust’s stock valued at $585,000 after acquiring an additional 1,238 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Healthcare Realty Trust by 87.7% during the 3rd quarter. Global Retirement Partners LLC now owns 4,797 shares of the real estate investment trust’s stock valued at $72,000 after purchasing an additional 2,242 shares during the last quarter. Presima Securities ULC lifted its holdings in shares of Healthcare Realty Trust by 34.7% during the 3rd quarter. Presima Securities ULC now owns 86,500 shares of the real estate investment trust’s stock valued at $1,321,000 after purchasing an additional 22,300 shares during the last quarter. Country Club Bank GFN lifted its holdings in shares of Healthcare Realty Trust by 83.9% during the 3rd quarter. Country Club Bank GFN now owns 285,793 shares of the real estate investment trust’s stock valued at $4,304,000 after purchasing an additional 130,381 shares during the last quarter. Finally, HGK Asset Management Inc. lifted its holdings in shares of Healthcare Realty Trust by 14.1% during the 3rd quarter. HGK Asset Management Inc. now owns 28,676 shares of the real estate investment trust’s stock valued at $438,000 after purchasing an additional 3,535 shares during the last quarter.

Healthcare Realty Trust Stock Performance

Shares of HR stock opened at $14.04 on Friday. The business has a fifty day moving average of $13.77 and a 200 day moving average of $15.07. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $20.32.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Friday, February 16th. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.51). Healthcare Realty Trust had a negative net margin of 20.71% and a negative return on equity of 3.87%. The company had revenue of $330.40 million for the quarter, compared to analysts’ expectations of $334.32 million. During the same quarter in the previous year, the business posted $0.42 EPS. The business’s quarterly revenue was down 2.2% on a year-over-year basis. Equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Shareholders of record on Monday, February 26th were given a $0.31 dividend. The ex-dividend date was Friday, February 23rd. This represents a $1.24 annualized dividend and a yield of 8.83%. Healthcare Realty Trust’s dividend payout ratio is presently -167.57%.

Wall Street Analyst Weigh In

HR has been the subject of several analyst reports. Wedbush lowered Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and decreased their price objective for the company from $19.00 to $15.00 in a report on Tuesday, February 20th. Stifel Nicolaus lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price objective for the company from $19.00 to $15.00 in a report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft initiated coverage on Healthcare Realty Trust in a report on Tuesday, January 30th. They set a “hold” rating and a $18.00 price objective for the company. Wells Fargo & Company decreased their price objective on Healthcare Realty Trust from $18.00 to $15.00 and set an “equal weight” rating for the company in a report on Wednesday, April 10th. Finally, JPMorgan Chase & Co. decreased their price objective on Healthcare Realty Trust from $19.00 to $17.00 and set an “overweight” rating for the company in a report on Wednesday, March 6th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $17.20.

About Healthcare Realty Trust

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.