Skba Capital Management LLC Sells 16,000 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Skba Capital Management LLC cut its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 2.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 547,500 shares of the real estate investment trust's stock after selling 16,000 shares during the period. Skba Capital Management LLC owned about 0.15% of Healthcare Realty Trust worth $9,280,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. O Shaughnessy Asset Management LLC increased its stake in Healthcare Realty Trust by 6.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,530 shares of the real estate investment trust's stock valued at $195,000 after acquiring an additional 706 shares during the period. California Public Employees Retirement System boosted its holdings in Healthcare Realty Trust by 1.6% during the fourth quarter. California Public Employees Retirement System now owns 1,707,523 shares of the real estate investment trust's stock valued at $28,943,000 after purchasing an additional 26,106 shares in the last quarter. Orion Portfolio Solutions LLC grew its stake in shares of Healthcare Realty Trust by 33.6% in the 4th quarter. Orion Portfolio Solutions LLC now owns 16,790 shares of the real estate investment trust's stock valued at $285,000 after purchasing an additional 4,218 shares during the period. Slagle Financial LLC raised its holdings in shares of Healthcare Realty Trust by 10.1% in the 4th quarter. Slagle Financial LLC now owns 198,779 shares of the real estate investment trust's stock worth $3,369,000 after buying an additional 18,236 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. lifted its position in shares of Healthcare Realty Trust by 2.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 482,970 shares of the real estate investment trust's stock worth $8,186,000 after buying an additional 10,300 shares during the period.

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Wall Street Analyst Weigh In

A number of analysts have weighed in 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 on the stock. in a research report on Friday, December 20th. Wells Fargo & Company lowered 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. Wedbush reiterated an "outperform" rating and set a $16.00 target price on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. StockNews.com lowered shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research report on Thursday, March 27th. Finally, Scotiabank dropped 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 report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $17.00.

Healthcare Realty Trust Stock Down 3.2 %

HR stock traded down $0.54 during trading on Friday, hitting $16.12. The company had a trading volume of 4,670,119 shares, compared to its average volume of 3,274,873. The firm has a 50-day moving average price of $16.66 and a 200-day moving average price of $17.17. The stock has a market cap of $5.66 billion, a price-to-earnings ratio of -9.06 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 12 month low of $13.64 and a 12 month high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced 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 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 company's quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 EPS. Equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders 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 annualized dividend and a yield of 7.69%. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -69.66%.

Healthcare Realty Trust Company 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.