Healthcare Realty Trust Incorporated (NYSE:HR) Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System grew its position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,707,523 shares of the real estate investment trust's stock after acquiring an additional 26,106 shares during the quarter. California Public Employees Retirement System owned about 0.48% of Healthcare Realty Trust worth $28,943,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC raised its holdings in Healthcare Realty Trust by 59.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock valued at $27,000 after acquiring an additional 612 shares during the last quarter. Blue Trust Inc. boosted its stake in Healthcare Realty Trust by 130.3% during the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock worth $30,000 after buying an additional 925 shares during the period. Synergy Investment Management LLC acquired a new stake in Healthcare Realty Trust in the 4th quarter valued at approximately $36,000. Jones Financial Companies Lllp lifted its stake in Healthcare Realty Trust by 68.7% during the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust's stock worth $52,000 after acquiring an additional 1,249 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Healthcare Realty Trust during the 3rd quarter valued at about $78,000.

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Healthcare Realty Trust Price Performance

NYSE HR traded up $0.19 during trading hours on Tuesday, hitting $15.49. The company had a trading volume of 1,069,628 shares, compared to its average volume of 3,282,251. The firm's 50 day moving average is $16.62 and its 200 day moving average is $17.13. The company has a market capitalization of $5.43 billion, a price-to-earnings ratio of -8.72 and a beta of 0.85. Healthcare Realty Trust Incorporated has a fifty-two week low of $13.64 and a fifty-two week high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 51.60% and a negative return on equity of 11.20%. The firm's quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.39 EPS. On average, equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were paid a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 8.01%. Healthcare Realty Trust's payout ratio is currently -69.66%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on HR. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price target on the stock. in a report on Friday, December 20th. Scotiabank reduced 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 lowered shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. Wedbush reaffirmed an "outperform" rating and set a $16.00 price target on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Finally, Wells Fargo & Company dropped their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a research report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock 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.