Hudson Edge Investment Partners Inc. Boosts Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Hudson Edge Investment Partners Inc. lifted its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 22.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,185 shares of the real estate investment trust’s stock after purchasing an additional 7,101 shares during the period. Hudson Edge Investment Partners Inc.’s holdings in Healthcare Realty Trust were worth $664,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Blue Trust Inc. lifted its position in shares of Healthcare Realty Trust by 130.3% during the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 925 shares during the last quarter. Point72 Hong Kong Ltd bought a new position in shares of Healthcare Realty Trust during the third quarter worth about $65,000. Wilmington Savings Fund Society FSB bought a new position in shares of Healthcare Realty Trust during the third quarter worth about $78,000. Allworth Financial LP lifted its position in shares of Healthcare Realty Trust by 118.8% during the fourth quarter. Allworth Financial LP now owns 5,152 shares of the real estate investment trust’s stock worth $85,000 after purchasing an additional 2,797 shares during the last quarter. Finally, Harbor Capital Advisors Inc. bought a new position in shares of Healthcare Realty Trust during the third quarter worth about $89,000.

Healthcare Realty Trust Price Performance

Shares of HR opened at $16.50 on Friday. The company has a market cap of $5.85 billion, a P/E ratio of -9.27 and a beta of 0.94. The stock has a fifty day moving average price of $16.65 and a 200 day moving average price of $17.40. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $18.90.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. The firm had revenue of $309.77 million during the quarter, compared to the consensus estimate of $303.81 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm’s revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.39 EPS. As a group, research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be paid a $0.31 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.24 annualized dividend and a dividend yield of 7.52%. Healthcare Realty Trust’s payout ratio is -69.66%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on HR. Jefferies Financial Group cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their price target for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. Wedbush reaffirmed an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a research report on Thursday. Finally, JPMorgan Chase & Co. downgraded 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. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $17.40.

Insider Transactions at Healthcare Realty Trust

In other news, COO Robert E. Hull sold 10,000 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total value of $174,800.00. Following the completion of the transaction, the chief operating officer now owns 171,400 shares of the company’s stock, valued at approximately $2,996,072. This represents a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.56% of the company’s stock.

About Healthcare Realty Trust

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.