Baillie Gifford & Co. Decreases Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Baillie Gifford & Co. lessened its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 48.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,628 shares of the real estate investment trust's stock after selling 18,814 shares during the quarter. Baillie Gifford & Co.'s holdings in Healthcare Realty Trust were worth $333,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of HR. Blue Trust Inc. boosted its stake 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 worth $30,000 after purchasing an additional 925 shares in the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of Healthcare Realty Trust in the third quarter worth $65,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Healthcare Realty Trust during the third quarter worth $78,000. Harbor Capital Advisors Inc. purchased a new stake in shares of Healthcare Realty Trust during the third quarter valued at $89,000. Finally, Allworth Financial LP increased its position in shares of Healthcare Realty Trust by 118.8% in the 4th quarter. Allworth Financial LP now owns 5,152 shares of the real estate investment trust's stock valued at $85,000 after acquiring an additional 2,797 shares during the period.

Healthcare Realty Trust Price Performance

NYSE:HR traded down $0.09 during mid-day trading on Friday, hitting $16.50. The company's stock had a trading volume of 1,975,228 shares, compared to its average volume of 2,413,051. The business's fifty day moving average is $16.67 and its two-hundred day moving average is $17.41. The stock has a market cap of $5.85 billion, a price-to-earnings ratio of -9.27 and a beta of 0.94. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90.

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

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 7.52%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust's dividend payout ratio (DPR) is -69.66%.

Insider Activity at Healthcare Realty Trust

In related news, COO Robert E. Hull sold 10,000 shares of Healthcare Realty Trust stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total value of $174,800.00. Following the completion of the transaction, the chief operating officer now owns 171,400 shares in the company, valued at $2,996,072. The trade was a 5.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.56% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HR. Wedbush reaffirmed an "outperform" rating and set a $16.00 price target on shares of Healthcare Realty Trust in a research report on Thursday. Jefferies Financial Group cut Healthcare Realty Trust from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Finally, JPMorgan Chase & Co. lowered Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 target price on the stock. in a research report on Friday, December 20th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $17.40.

Healthcare Realty Trust 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.