Slagle Financial LLC Purchases 18,236 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Slagle Financial LLC lifted its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 10.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 198,779 shares of the real estate investment trust’s stock after acquiring an additional 18,236 shares during the period. Healthcare Realty Trust makes up about 1.5% of Slagle Financial LLC’s portfolio, making the stock its 22nd largest holding. Slagle Financial LLC owned approximately 0.06% of Healthcare Realty Trust worth $3,369,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Capital Investment Advisors LLC boosted its holdings in shares of Healthcare Realty Trust by 31.0% in 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 purchasing an additional 111,125 shares in the last quarter. Cerity Partners LLC boosted its stake in Healthcare Realty Trust by 106.4% in the third 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. Proficio Capital Partners LLC bought a new position in Healthcare Realty Trust in the fourth quarter valued at about $440,000. Steward Partners Investment Advisory LLC raised its stake in 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 acquiring an additional 27,700 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Healthcare Realty Trust in the third quarter worth about $849,000.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HR. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price on the stock. in a research report on Friday, December 20th. Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. Wedbush reiterated an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a report on Thursday, February 20th. StockNews.com downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday. Finally, Scotiabank reduced their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, Healthcare Realty Trust has an average rating of “Hold” and an average target price of $17.00.

Healthcare Realty Trust Stock Up 0.3 %

HR stock opened at $16.76 on Friday. Healthcare Realty Trust Incorporated has a twelve month low of $13.64 and a twelve month high of $18.90. The firm has a market capitalization of $5.88 billion, a PE ratio of -9.41 and a beta of 0.97. The stock has a 50-day simple moving average of $16.65 and a two-hundred day simple moving average of $17.24.

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

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were paid a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 annualized dividend and a dividend yield of 7.40%. Healthcare Realty Trust’s 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.