Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Corebridge Financial Inc.

Corebridge Financial Inc. decreased its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 400,991 shares of the real estate investment trust's stock after selling 28,435 shares during the period. Corebridge Financial Inc. owned 0.11% of Healthcare Realty Trust worth $6,797,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cerity Partners LLC increased its position in Healthcare Realty Trust by 106.4% during the third quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust's stock valued at $1,407,000 after acquiring an additional 39,975 shares during the last quarter. CreativeOne Wealth LLC bought a new position in Healthcare Realty Trust during the 3rd quarter valued at about $213,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Healthcare Realty Trust by 358.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust's stock worth $38,879,000 after purchasing an additional 1,674,583 shares during the period. Walleye Capital LLC bought a new stake in Healthcare Realty Trust in the third quarter worth about $965,000. Finally, Captrust Financial Advisors boosted its position in shares of Healthcare Realty Trust by 27.2% during the third quarter. Captrust Financial Advisors now owns 31,562 shares of the real estate investment trust's stock valued at $573,000 after buying an additional 6,747 shares during the period.

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Healthcare Realty Trust Stock Down 0.4 %

HR stock traded down $0.07 during trading on Wednesday, hitting $16.87. 344,719 shares of the company's stock traded hands, compared to its average volume of 2,426,748. The firm has a market capitalization of $5.92 billion, a P/E ratio of -9.48 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 1 year low of $13.64 and a 1 year high of $18.90. The business has a fifty day simple moving average of $16.67 and a two-hundred day simple moving average of $17.19.

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 EPS for the quarter, topping the consensus estimate of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same period in the previous year, the company posted $0.39 EPS. The business's revenue for the quarter was down 6.3% compared to the same quarter last year. On average, equities research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date of this dividend was Monday, March 3rd. Healthcare Realty Trust's dividend payout ratio is currently -69.66%.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of recent analyst reports. 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 note on Friday, December 20th. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and dropped their target price for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Scotiabank decreased their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. Wedbush reissued an "outperform" rating and issued a $16.00 price objective on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. Finally, Wells Fargo & Company decreased their target price on 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. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $17.00.

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.