Healthcare Realty Trust Incorporated (NYSE:HR) Stake Reduced by Handelsbanken Fonder AB

Handelsbanken Fonder AB lowered its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 30.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 112,036 shares of the real estate investment trust's stock after selling 48,500 shares during the quarter. Handelsbanken Fonder AB's holdings in Healthcare Realty Trust were worth $1,899,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in HR. Ieq Capital LLC purchased a new stake in Healthcare Realty Trust during the 4th quarter worth about $659,000. New York State Common Retirement Fund increased its position in Healthcare Realty Trust by 131.8% during the 4th quarter. New York State Common Retirement Fund now owns 386,679 shares of the real estate investment trust's stock worth $6,554,000 after purchasing an additional 219,848 shares in the last quarter. Atria Wealth Solutions Inc. increased its position in Healthcare Realty Trust by 14.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 14,885 shares of the real estate investment trust's stock worth $252,000 after purchasing an additional 1,924 shares in the last quarter. Allworth Financial LP increased its position in Healthcare Realty Trust by 118.8% during the 4th quarter. Allworth Financial LP now owns 5,152 shares of the real estate investment trust's stock worth $85,000 after purchasing an additional 2,797 shares in the last quarter. Finally, Armor Investment Advisors LLC increased its position in Healthcare Realty Trust by 5.2% during the 4th quarter. Armor Investment Advisors LLC now owns 133,189 shares of the real estate investment trust's stock worth $2,258,000 after purchasing an additional 6,608 shares in the last quarter.

Analyst Ratings Changes

HR has been the subject of several recent analyst reports. Jefferies Financial Group cut Healthcare Realty Trust from a "buy" rating to a "hold" rating and lowered their price target for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. StockNews.com raised Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Tuesday. Scotiabank reduced their price target 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. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price target on the stock. in a research report on Friday, December 20th. Finally, 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. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $17.20.

Healthcare Realty Trust Stock Up 1.8 %

Shares of HR traded up $0.30 during trading on Friday, reaching $17.11. The company's stock had a trading volume of 6,297,769 shares, compared to its average volume of 2,497,274. The company has a fifty day moving average of $16.63 and a two-hundred day moving average of $17.37. Healthcare Realty Trust Incorporated has a twelve month low of $12.77 and a twelve month high of $18.90. The company has a market cap of $6.06 billion, a price-to-earnings ratio of -9.61 and a beta of 0.94.

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, beating analysts' consensus estimates 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 company had revenue of $309.77 million for the quarter, compared to analyst estimates of $303.81 million. During the same period in the prior year, the company posted $0.39 EPS. Healthcare Realty Trust's quarterly revenue was down 6.3% on a year-over-year basis. As a group, equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be issued a $0.31 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.25%. Healthcare Realty Trust's dividend payout ratio (DPR) is -69.66%.

Insider Activity

In other news, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of the stock in a transaction dated Friday, December 13th. The stock was acquired at an average cost of $17.21 per share, for a total transaction of $172,100.00. Following the acquisition, the director now owns 26,576 shares of the company's stock, valued at $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.56% of the company's stock.

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.