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Guggenheim Capital LLC Sells 370,566 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Healthcare Realty Trust logo with Finance background

Guggenheim Capital LLC decreased its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 84.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,842 shares of the real estate investment trust's stock after selling 370,566 shares during the period. Guggenheim Capital LLC's holdings in Healthcare Realty Trust were worth $1,133,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Mariner LLC boosted its holdings in Healthcare Realty Trust by 3.9% in the 4th quarter. Mariner LLC now owns 75,194 shares of the real estate investment trust's stock worth $1,274,000 after buying an additional 2,819 shares during the period. Sagespring Wealth Partners LLC purchased a new position in shares of Healthcare Realty Trust in the fourth quarter valued at $229,000. Sterling Capital Management LLC grew its position in shares of Healthcare Realty Trust by 44.8% in the fourth quarter. Sterling Capital Management LLC now owns 20,983 shares of the real estate investment trust's stock valued at $356,000 after purchasing an additional 6,489 shares in the last quarter. Capital Fund Management S.A. bought a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at $2,150,000. Finally, Raymond James Financial Inc. purchased a new stake in Healthcare Realty Trust during the 4th quarter worth about $3,019,000.

Healthcare Realty Trust Price Performance

HR stock opened at $15.78 on Wednesday. The firm has a 50 day simple moving average of $16.37 and a two-hundred day simple moving average of $16.93. The stock has a market cap of $5.53 billion, a PE ratio of -8.86 and a beta of 0.85. Healthcare Realty Trust Incorporated has a one year low of $13.94 and a one year high of $18.90.

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 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $303.81 million. During the same period in the previous year, the business earned $0.39 earnings per share. The firm's quarterly revenue was down 6.3% compared to the same quarter last year. On average, research analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were issued a dividend of $0.31 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.86%. Healthcare Realty Trust's dividend payout ratio is -69.66%.

Analyst Ratings Changes

Several brokerages have recently weighed in on HR. StockNews.com cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research report on Thursday, March 27th. Wells Fargo & Company decreased their target price on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a report on Monday, March 10th. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their price target for the company from $19.00 to $17.00 in a report 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 on the stock in a report on Tuesday, February 25th. Finally, Wedbush upgraded Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research report on Monday, April 7th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $17.00.

Check Out Our Latest Research Report on Healthcare Realty Trust

About Healthcare Realty Trust

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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