Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Nissay Asset Management Corp Japan ADV

Nissay Asset Management Corp Japan ADV reduced its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,117 shares of the real estate investment trust’s stock after selling 1,190 shares during the period. Nissay Asset Management Corp Japan ADV’s holdings in Healthcare Realty Trust were worth $862,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Barclays PLC increased its stake in Healthcare Realty Trust by 116.2% in the 3rd quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust’s stock worth $13,117,000 after purchasing an additional 388,305 shares in the last quarter. Park Avenue Securities LLC grew its stake in Healthcare Realty Trust by 4.1% during the 4th quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust’s stock valued at $342,000 after acquiring an additional 793 shares in the last quarter. Merit Financial Group LLC grew its stake in Healthcare Realty Trust by 20.6% during the 4th quarter. Merit Financial Group LLC now owns 15,066 shares of the real estate investment trust’s stock valued at $255,000 after acquiring an additional 2,578 shares in the last quarter. Liberty One Investment Management LLC lifted its holdings in shares of Healthcare Realty Trust by 7.6% during the 4th quarter. Liberty One Investment Management LLC now owns 258,579 shares of the real estate investment trust’s stock valued at $4,383,000 after buying an additional 18,185 shares during the last quarter. Finally, Perpetual Ltd acquired a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at about $442,000.

Healthcare Realty Trust Stock Performance

HR opened at $15.03 on Monday. The business has a 50 day moving average price of $15.85 and a 200 day moving average price of $16.62. Healthcare Realty Trust Incorporated has a twelve month low of $14.45 and a twelve month high of $18.90. The firm has a market cap of $5.28 billion, a P/E ratio of -8.44 and a beta of 0.92.

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

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 12th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 8.25%. The ex-dividend date of this dividend is Monday, May 12th. Healthcare Realty Trust’s dividend payout ratio is currently -113.76%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Wedbush reduced their price target on Healthcare Realty Trust from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Monday, May 5th. Wells Fargo & Company reduced 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. Scotiabank reduced their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Finally, StockNews.com upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, May 8th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $17.00.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 2,500 shares of the company’s stock in a transaction on Tuesday, May 13th. The shares were bought at an average cost of $14.71 per share, with a total value of $36,775.00. Following the transaction, the director now directly owns 56,502 shares in the company, valued at approximately $831,144.42. This represents a 4.63% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.37% of the company’s stock.

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.