Samalin Investment Counsel LLC Buys 2,050 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Samalin Investment Counsel LLC increased its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 6.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,777 shares of the real estate investment trust’s stock after buying an additional 2,050 shares during the quarter. Samalin Investment Counsel LLC’s holdings in Healthcare Realty Trust were worth $539,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of HR. Blue Trust Inc. grew its stake 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 valued at $30,000 after buying an additional 925 shares during the last quarter. Smartleaf Asset Management LLC boosted 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 valued at $27,000 after acquiring an additional 612 shares during the period. Synergy Investment Management LLC bought a new position in Healthcare Realty Trust in the 4th quarter valued at $36,000. Jones Financial Companies Lllp increased its stake in Healthcare Realty Trust by 68.7% in the fourth quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock worth $52,000 after purchasing an additional 1,249 shares during the period. Finally, Point72 Hong Kong Ltd bought a new stake in shares of Healthcare Realty Trust during the third quarter worth $65,000.

Healthcare Realty Trust Stock Down 0.9 %

Shares of HR stock opened at $16.60 on Monday. The firm has a market cap of $5.82 billion, a price-to-earnings ratio of -9.32 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 52-week low of $13.29 and a 52-week high of $18.90. The company’s 50 day moving average is $16.62 and its 200 day moving average is $17.26.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. The business had revenue of $309.77 million for 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 business’s revenue was down 6.3% compared to the same quarter last year. During the same period last year, the business posted $0.39 EPS. Analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 7.47%. The ex-dividend date of this dividend was Monday, March 3rd. Healthcare Realty Trust’s payout ratio is -69.66%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on HR shares. StockNews.com upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their target price for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. Wells Fargo & Company lowered their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a report on Monday, March 10th. JPMorgan Chase & Co. cut Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research note on Friday, December 20th. Finally, Wedbush reaffirmed an “outperform” rating and set a $16.00 target price on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. One 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. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Company 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.