Healthcare Realty Trust Incorporated (NYSE:HR) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 12.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,630,973 shares of the real estate investment trust's stock after buying an additional 495,599 shares during the quarter. Bank of New York Mellon Corp owned about 1.31% of Healthcare Realty Trust worth $78,495,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Private Advisor Group LLC raised its holdings in Healthcare Realty Trust by 3.6% in the 3rd quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust's stock valued at $551,000 after buying an additional 1,062 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Healthcare Realty Trust by 33.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,693 shares of the real estate investment trust's stock valued at $267,000 after acquiring an additional 3,715 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Healthcare Realty Trust by 5.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 44,034 shares of the real estate investment trust's stock worth $799,000 after acquiring an additional 2,446 shares during the last quarter. abrdn plc boosted its position in shares of Healthcare Realty Trust by 2.6% during the 3rd quarter. abrdn plc now owns 252,889 shares of the real estate investment trust's stock worth $4,590,000 after purchasing an additional 6,419 shares during the period. Finally, US Bancorp DE boosted its position in shares of Healthcare Realty Trust by 15.1% during the 3rd quarter. US Bancorp DE now owns 18,899 shares of the real estate investment trust's stock worth $343,000 after purchasing an additional 2,475 shares during the period.

Healthcare Realty Trust Stock Performance

Shares of HR traded up $0.11 during midday trading on Wednesday, hitting $16.73. The company had a trading volume of 1,745,140 shares, compared to its average volume of 2,489,253. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90. The firm has a market capitalization of $5.87 billion, a P/E ratio of -9.40 and a beta of 0.94. The company's 50-day simple moving average is $16.62 and its 200-day simple moving average is $17.35.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company had revenue of $309.77 million during the quarter, compared to the consensus estimate of $303.81 million. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The firm's quarterly revenue was down 6.3% on a year-over-year basis. Equities analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.41%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -69.66%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on HR shares. Jefferies Financial Group cut Healthcare Realty Trust from a "buy" rating to a "hold" rating and decreased their price target for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. JPMorgan Chase & Co. cut Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 target price for the company. in a report on Friday, December 20th. Scotiabank dropped their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating for the company in a research report on Tuesday, February 25th. Wedbush reissued an "outperform" rating and set a $16.00 price target on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. Finally, StockNews.com cut shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $17.20.

Insider Buying and Selling at Healthcare Realty Trust

In other Healthcare Realty Trust news, COO Robert E. Hull sold 10,000 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total value of $174,800.00. Following the transaction, the chief operating officer now directly owns 171,400 shares in the company, valued at $2,996,072. This represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.56% of the stock is owned by insiders.

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.