Healthcare Realty Trust Incorporated (NYSE:HR) Shares Purchased by Gotham Asset Management LLC

Gotham Asset Management LLC lifted its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 16.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 928,927 shares of the real estate investment trust’s stock after acquiring an additional 134,622 shares during the period. Gotham Asset Management LLC owned 0.26% of Healthcare Realty Trust worth $15,745,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Focus Partners Wealth grew its position in Healthcare Realty Trust by 23.5% during the 4th quarter. Focus Partners Wealth now owns 20,254 shares of the real estate investment trust’s stock worth $352,000 after purchasing an additional 3,850 shares during the last quarter. Farallon Capital Management LLC grew its stake in shares of Healthcare Realty Trust by 25.4% in the 4th quarter. Farallon Capital Management LLC now owns 3,264,000 shares of the real estate investment trust’s stock valued at $55,325,000 after purchasing an additional 661,000 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of Healthcare Realty Trust by 95.9% in the fourth quarter. Deutsche Bank AG now owns 464,941 shares of the real estate investment trust’s stock valued at $7,881,000 after purchasing an additional 227,566 shares during the period. Deprince Race & Zollo Inc. purchased a new stake in shares of Healthcare Realty Trust during the fourth quarter worth approximately $39,337,000. Finally, Cresset Asset Management LLC acquired a new stake in shares of Healthcare Realty Trust during the fourth quarter worth $356,000.

Healthcare Realty Trust Price Performance

Shares of NYSE:HR opened at $15.36 on Friday. Healthcare Realty Trust Incorporated has a 12 month low of $14.53 and a 12 month high of $18.90. The firm has a market capitalization of $5.39 billion, a price-to-earnings ratio of -8.63 and a beta of 0.92. The business’s 50 day simple moving average is $16.03 and its 200-day simple moving average is $16.73.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Thursday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.39. 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 $288.86 million during the quarter, compared to analysts’ expectations of $297.39 million. During the same quarter last year, the business posted $0.39 earnings per share. The business’s revenue for the quarter was down 9.2% on a year-over-year basis. On average, equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Monday, May 12th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $1.24 annualized dividend and a dividend yield of 8.07%. Healthcare Realty Trust’s dividend payout ratio is currently -113.76%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on HR. StockNews.com upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Thursday. Wells Fargo & Company reduced their price objective on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research report on Monday, March 10th. 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 research report on Monday, May 5th. Finally, 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. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, Healthcare Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $17.00.

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.