Handelsbanken Fonder AB Reduces Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Handelsbanken Fonder AB lessened its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 30.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 112,036 shares of the real estate investment trust’s stock after selling 48,500 shares during the quarter. Handelsbanken Fonder AB’s holdings in Healthcare Realty Trust were worth $1,899,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of HR. Blue Trust Inc. raised its stake in shares of 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 purchasing an additional 925 shares during the period. Point72 Hong Kong Ltd bought a new stake in Healthcare Realty Trust during the 3rd quarter worth approximately $65,000. Wilmington Savings Fund Society FSB purchased a new stake in Healthcare Realty Trust in the 3rd quarter worth approximately $78,000. Allworth Financial LP grew its position in shares of Healthcare Realty Trust by 118.8% during the 4th quarter. Allworth Financial LP now owns 5,152 shares of the real estate investment trust’s stock valued at $85,000 after purchasing an additional 2,797 shares in the last quarter. Finally, Harbor Capital Advisors Inc. bought a new position in shares of Healthcare Realty Trust in the third quarter worth $89,000.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on HR shares. StockNews.com raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Tuesday. Scotiabank decreased their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research note on Tuesday. Wedbush reissued an “outperform” rating and issued a $16.00 target price on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. Jefferies Financial Group cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their price target for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Finally, 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. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Healthcare Realty Trust presently has a consensus rating of “Hold” and an average price target of $17.20.

Insider Buying and Selling

In other news, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of Healthcare Realty Trust stock in a transaction on Friday, December 13th. The shares were acquired at an average price of $17.21 per share, with a total value of $172,100.00. Following the purchase, the director now directly owns 26,576 shares in the company, valued at $457,372.96. The trade was a 60.33 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.56% of the stock is currently owned by insiders.

Healthcare Realty Trust Trading Up 0.4 %

HR opened at $16.89 on Wednesday. The company has a market capitalization of $5.98 billion, a PE ratio of -9.49 and a beta of 0.94. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The firm’s 50 day simple moving average is $16.63 and its two-hundred day simple moving average is $17.38.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results 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. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business had revenue of $309.77 million during the quarter, compared to analysts’ expectations of $303.81 million. During the same quarter in the prior year, the business posted $0.39 earnings per share. The business’s quarterly revenue was down 6.3% on a year-over-year basis. Equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.34%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio (DPR) is -69.66%.

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.