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

Prudential Financial Inc. lessened its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 30.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 70,198 shares of the real estate investment trust's stock after selling 30,702 shares during the quarter. Prudential Financial Inc.'s holdings in Healthcare Realty Trust were worth $1,190,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Captrust Financial Advisors boosted its stake in Healthcare Realty Trust by 27.2% in the 3rd 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 in the last quarter. Verition Fund Management LLC raised its holdings in shares of Healthcare Realty Trust by 3.7% in the third quarter. Verition Fund Management LLC now owns 60,936 shares of the real estate investment trust's stock worth $1,106,000 after buying an additional 2,159 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Healthcare Realty Trust during the third quarter worth $1,084,000. Quantinno Capital Management LP purchased a new stake in shares of Healthcare Realty Trust during the third quarter valued at $206,000. Finally, Stifel Financial Corp grew its holdings in shares of Healthcare Realty Trust by 13.4% during the third quarter. Stifel Financial Corp now owns 84,728 shares of the real estate investment trust's stock valued at $1,538,000 after buying an additional 10,044 shares during the last quarter.

Healthcare Realty Trust Stock Performance

Healthcare Realty Trust stock traded up $0.23 during midday trading on Friday, hitting $15.39. 3,296,314 shares of the company were exchanged, compared to its average volume of 3,307,293. The business has a fifty day simple moving average of $16.46 and a two-hundred day simple moving average of $17.03. The firm has a market capitalization of $5.40 billion, a PE ratio of -8.64 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.

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Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $309.77 million for the quarter, compared to analysts' expectations of $303.81 million. During the same quarter last year, the company earned $0.39 EPS. The business's revenue was down 6.3% on a year-over-year basis. As a group, equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were given a $0.31 dividend. The ex-dividend date was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.06%. Healthcare Realty Trust's dividend payout ratio (DPR) is currently -69.66%.

Analysts Set New Price Targets

A number of analysts have commented on the company. JPMorgan Chase & Co. cut Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price target for the company. in a research report on Friday, December 20th. Wedbush upgraded Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research note on Monday. Jefferies Financial Group lowered Healthcare Realty Trust from a "buy" rating to a "hold" rating and dropped their target price for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Wells Fargo & Company cut their price target 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. Finally, Scotiabank decreased their price objective 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. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average 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.