Healthcare Realty Trust Incorporated (NYSE:HR) Stock Position Lessened by Geode Capital Management LLC

Geode Capital Management LLC trimmed its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,721,040 shares of the real estate investment trust's stock after selling 233,914 shares during the quarter. Geode Capital Management LLC owned about 1.90% of Healthcare Realty Trust worth $113,954,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Blue Trust Inc. lifted its holdings in shares of Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock valued at $30,000 after acquiring an additional 925 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Healthcare Realty Trust by 59.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 612 shares in the last quarter. Synergy Investment Management LLC purchased a new stake in shares of Healthcare Realty Trust in the fourth quarter worth about $36,000. Jones Financial Companies Lllp grew its stake in shares of Healthcare Realty Trust by 68.7% in the fourth quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 1,249 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Healthcare Realty Trust during the 3rd quarter valued at about $78,000.

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Healthcare Realty Trust Trading Down 0.5 %

Healthcare Realty Trust stock traded down $0.08 during midday trading on Tuesday, hitting $15.76. The stock had a trading volume of 466,261 shares, compared to its average volume of 3,296,233. Healthcare Realty Trust Incorporated has a 12 month low of $13.64 and a 12 month high of $18.90. The stock has a market cap of $5.53 billion, a P/E ratio of -8.86 and a beta of 0.85. The business has a fifty day moving average price of $16.44 and a 200 day moving average price of $17.01.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.01. The firm had revenue of $309.77 million for the quarter, compared to analyst estimates of $303.81 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. Healthcare Realty Trust's quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.39 earnings per share. On average, equities analysts anticipate 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 $0.31 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.87%. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -69.66%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Wedbush raised shares of Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research report on Monday, April 7th. Jefferies Financial Group lowered shares of 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 cut shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research report on Thursday, March 27th. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 target price for the company. in a research note on Friday, December 20th. Finally, Scotiabank cut 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 note on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to MarketBeat.com, Healthcare Realty Trust currently has an average rating of "Hold" and a consensus price target of $17.00.

About Healthcare Realty Trust

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.