Employees Retirement System of Texas Takes $3.39 Million Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Employees Retirement System of Texas bought a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 200,000 shares of the real estate investment trust's stock, valued at approximately $3,390,000. Employees Retirement System of Texas owned about 0.06% of Healthcare Realty Trust at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Captrust Financial Advisors lifted its holdings 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 worth $573,000 after purchasing an additional 6,747 shares during the period. Point72 Asset Management L.P. purchased a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at $1,084,000. Quantinno Capital Management LP purchased a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at $206,000. Stifel Financial Corp increased its stake in shares of Healthcare Realty Trust by 13.4% in the third quarter. Stifel Financial Corp now owns 84,728 shares of the real estate investment trust's stock worth $1,538,000 after acquiring an additional 10,044 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of Healthcare Realty Trust during the third quarter worth $788,000.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Wells Fargo & Company reduced their price objective on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a research note on Monday, March 10th. Jefferies Financial Group downgraded Healthcare Realty Trust from a "buy" rating to a "hold" rating and decreased their price target for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Scotiabank lowered their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. StockNews.com lowered shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Thursday, March 27th. Finally, Wedbush raised shares of Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a report on Monday, April 7th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $17.00.

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Healthcare Realty Trust Stock Up 1.5 %

Shares of NYSE HR traded up $0.23 during trading on Friday, hitting $15.39. The company had a trading volume of 3,296,314 shares, compared to its average volume of 3,309,129. Healthcare Realty Trust Incorporated has a fifty-two week low of $13.64 and a fifty-two week high of $18.90. The stock has a fifty day simple moving average of $16.46 and a two-hundred day simple moving average of $17.02. The firm has a market capitalization of $5.40 billion, a price-to-earnings ratio of -8.64 and a beta of 0.85.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.01. The business had revenue of $309.77 million during the quarter, compared to analysts' expectations 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 business's revenue was down 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.39 earnings per share. On average, analysts anticipate 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 announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders 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 8.06%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust's payout ratio is -69.66%.

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.