178,102 Shares in Healthcare Realty Trust Incorporated (NYSE:HR) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 178,102 shares of the real estate investment trust's stock, valued at approximately $3,019,000. Raymond James Financial Inc. owned approximately 0.05% of Healthcare Realty Trust as of its most recent filing with the SEC.

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

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $15.63 on Tuesday. The company's 50 day moving average price is $16.29 and its 200-day moving average price is $16.89. Healthcare Realty Trust Incorporated has a 52-week low of $14.07 and a 52-week high of $18.90. The company has a market capitalization of $5.48 billion, a P/E ratio of -8.78 and a beta of 0.85.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.01. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The business had revenue of $309.77 million for the quarter, compared to analyst estimates of $303.81 million. During the same quarter in the previous year, the business earned $0.39 earnings per share. Healthcare Realty Trust's revenue for the quarter was down 6.3% on a year-over-year basis. Analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.93%. The ex-dividend date of this dividend was Monday, March 3rd. Healthcare Realty Trust's payout ratio is -69.66%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HR. Scotiabank lowered their target price 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. StockNews.com downgraded Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their target price for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. Wedbush upgraded shares of Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research report on Monday, April 7th. Finally, Wells Fargo & Company cut their price target on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price 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.

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