Corebridge Financial Inc. Has $6.80 Million Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Corebridge Financial Inc. lessened its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 6.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 400,991 shares of the real estate investment trust’s stock after selling 28,435 shares during the period. Corebridge Financial Inc. owned about 0.11% of Healthcare Realty Trust worth $6,797,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in HR. Smartleaf Asset Management LLC increased its holdings in Healthcare Realty Trust by 59.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 612 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Healthcare Realty Trust by 1.1% during the fourth quarter. Pacer Advisors Inc. now owns 70,776 shares of the real estate investment trust’s stock valued at $1,200,000 after buying an additional 786 shares during the last quarter. Park Avenue Securities LLC grew its holdings 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 buying an additional 793 shares in the last quarter. Consolidated Portfolio Review Corp raised its position in Healthcare Realty Trust by 1.5% in the 4th quarter. Consolidated Portfolio Review Corp now owns 55,333 shares of the real estate investment trust’s stock valued at $938,000 after buying an additional 808 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 925 shares in the last quarter.

Analyst Ratings Changes

Several research firms have recently issued reports on HR. Scotiabank reduced their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective for the company. in a research note on Friday, December 20th. StockNews.com cut shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday. Jefferies Financial Group lowered 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. Finally, Wells Fargo & Company dropped their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating on the stock in a report on Monday, March 10th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $17.00.

Healthcare Realty Trust Stock Down 0.0 %

HR opened at $16.76 on Friday. The company’s 50-day moving average price is $16.66 and its two-hundred day moving average price is $17.23. Healthcare Realty Trust Incorporated has a twelve month low of $13.64 and a twelve month high of $18.90. The stock has a market cap of $5.88 billion, a price-to-earnings ratio of -9.41 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share 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 return on equity of 11.20% and a negative net margin of 51.60%. Healthcare Realty Trust’s revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.39 earnings per share. As a group, sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

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