Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Comerica Bank

Comerica Bank cut its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 8.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 209,584 shares of the real estate investment trust’s stock after selling 20,344 shares during the quarter. Comerica Bank’s holdings in Healthcare Realty Trust were worth $3,552,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HR. Smartleaf Asset Management LLC raised its holdings in shares of Healthcare Realty Trust by 59.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 612 shares during the last quarter. Blue Trust Inc. increased its position in Healthcare Realty Trust by 130.3% in 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 during the period. Synergy Investment Management LLC acquired a new stake in Healthcare Realty Trust in the 4th quarter valued at approximately $36,000. Jones Financial Companies Lllp raised its stake in Healthcare Realty Trust by 68.7% during the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 1,249 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in Healthcare Realty Trust during the 3rd quarter worth $78,000.

Analysts Set New Price Targets

HR has been the topic of a number of recent analyst reports. Wells Fargo & Company cut their price objective on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating on the stock in a research note on Monday, March 10th. StockNews.com raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, April 30th. Scotiabank lowered their price objective 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, February 25th. Finally, Wedbush dropped their target price on Healthcare Realty Trust from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Monday. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Trading Up 0.7 %

NYSE:HR opened at $15.17 on Wednesday. The company has a 50-day moving average of $16.13 and a 200-day moving average of $16.79. Healthcare Realty Trust Incorporated has a twelve month low of $14.53 and a twelve month high of $18.90. The firm has a market cap of $5.32 billion, a price-to-earnings ratio of -8.52 and a beta of 0.92.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The firm had revenue of $288.86 million for the quarter, compared to analyst estimates of $297.39 million. During the same quarter in the previous year, the business posted $0.39 earnings per share. The firm’s quarterly revenue was down 9.2% compared to the same quarter last year. On average, research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Monday, May 12th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 8.17%. The ex-dividend date is Monday, May 12th. Healthcare Realty Trust’s dividend payout ratio is -113.76%.

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.