Healthcare Realty Trust Incorporated (NYSE:HR) Stake Raised by Russell Investments Group Ltd.

Russell Investments Group Ltd. raised its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 100.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,041,967 shares of the real estate investment trust’s stock after buying an additional 522,959 shares during the period. Russell Investments Group Ltd. owned about 0.89% of Healthcare Realty Trust worth $35,559,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in HR. Bank of Montreal Can increased its stake in shares of Healthcare Realty Trust by 1.3% in the second quarter. Bank of Montreal Can now owns 6,466 shares of the real estate investment trust’s stock valued at $221,000 after buying an additional 84 shares in the last quarter. Northwestern Mutual Investment Management Company LLC increased its stake in shares of Healthcare Realty Trust by 0.5% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 20,066 shares of the real estate investment trust’s stock valued at $652,000 after buying an additional 96 shares in the last quarter. Stifel Financial Corp increased its stake in shares of Healthcare Realty Trust by 1.0% in the first quarter. Stifel Financial Corp now owns 9,648 shares of the real estate investment trust’s stock valued at $314,000 after buying an additional 100 shares in the last quarter. Capstone Asset Management Co. increased its stake in shares of Healthcare Realty Trust by 1.2% in the second quarter. Capstone Asset Management Co. now owns 10,536 shares of the real estate investment trust’s stock valued at $360,000 after buying an additional 120 shares in the last quarter. Finally, World Asset Management Inc increased its stake in shares of Healthcare Realty Trust by 1.9% in the first quarter. World Asset Management Inc now owns 7,184 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 134 shares in the last quarter. 96.04% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) traded down 0.09% on Friday, reaching $31.94. 1,637,585 shares of the company traded hands. The firm’s 50 day moving average is $33.45 and its 200 day moving average is $32.65. The company has a market capitalization of $3.72 billion, a P/E ratio of 30.71 and a beta of 0.29. Healthcare Realty Trust Incorporated has a one year low of $26.66 and a one year high of $36.25.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a net margin of 28.98% and a return on equity of 7.38%. The business had revenue of $105.20 million during the quarter, compared to the consensus estimate of $105.67 million. During the same quarter in the prior year, the firm earned $0.42 EPS. The business’s revenue was up 2.5% on a year-over-year basis. Analysts expect that Healthcare Realty Trust Incorporated will post $0.74 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Friday, August 11th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date of this dividend is Wednesday, August 9th. Healthcare Realty Trust’s dividend payout ratio is presently 114.29%.

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Several equities research analysts have recently commented on the stock. Mizuho restated a “neutral” rating on shares of Healthcare Realty Trust in a research note on Wednesday, June 28th. Zacks Investment Research upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Friday, June 16th. Jefferies Group LLC downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and set a $36.00 target price on the stock. in a research note on Thursday, June 15th. They noted that the move was a valuation call. BidaskClub upgraded shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. Finally, Cantor Fitzgerald upped their price target on shares of Healthcare Realty Trust from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, June 12th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $34.50.

In other news, EVP Robert E. Hull sold 1,744 shares of Healthcare Realty Trust stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $32.45, for a total transaction of $56,592.80. Following the sale, the executive vice president now directly owns 58,174 shares of the company’s stock, valued at $1,887,746.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John M. Bryant, Jr. sold 7,000 shares of Healthcare Realty Trust stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $33.51, for a total value of $234,570.00. Following the sale, the insider now directly owns 142,256 shares in the company, valued at $4,766,998.56. The disclosure for this sale can be found here. Insiders own 1.85% of the company’s stock.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.

Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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