Thrivent Financial for Lutherans Cuts Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Thrivent Financial for Lutherans lessened its position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 7.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,436,019 shares of the real estate investment trust's stock after selling 335,802 shares during the period. Thrivent Financial for Lutherans owned about 1.25% of Healthcare Realty Trust worth $75,190,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Capital Investment Advisors LLC lifted its position in Healthcare Realty Trust by 31.0% in the 4th quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust's stock valued at $7,955,000 after acquiring an additional 111,125 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Healthcare Realty Trust by 106.4% in the third quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust's stock worth $1,407,000 after purchasing an additional 39,975 shares during the last quarter. Proficio Capital Partners LLC bought a new position in shares of Healthcare Realty Trust during the fourth quarter valued at $440,000. Steward Partners Investment Advisory LLC boosted its position in shares of Healthcare Realty Trust by 3,419.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 28,510 shares of the real estate investment trust's stock valued at $483,000 after buying an additional 27,700 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in Healthcare Realty Trust in the 3rd quarter worth about $849,000.

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Analyst Upgrades and Downgrades

HR has been the topic of several research analyst reports. Scotiabank lowered their target price on shares of 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. Wedbush restated an "outperform" rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. StockNews.com raised shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Tuesday, March 18th. JPMorgan Chase & Co. lowered shares of 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, Wells Fargo & Company dropped their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a research note on Monday, March 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $17.00.

Healthcare Realty Trust Stock Down 0.9 %

HR traded down $0.15 during trading on Friday, hitting $16.60. The company's stock had a trading volume of 2,893,868 shares, compared to its average volume of 3,156,787. The business's 50 day simple moving average is $16.62 and its 200-day simple moving average is $17.27. The firm has a market cap of $5.82 billion, a PE ratio of -9.32 and a beta of 0.97. Healthcare Realty Trust Incorporated has a one year low of $13.29 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 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.01. The company had revenue of $309.77 million for 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%. Healthcare Realty Trust's revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period last year, the firm earned $0.39 EPS. Equities research analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were paid 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 7.47%. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -69.66%.

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.