Cbre Investment Management Listed Real Assets LLC Sells 830,322 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Cbre Investment Management Listed Real Assets LLC lowered its position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 30.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,939,901 shares of the real estate investment trust's stock after selling 830,322 shares during the period. Cbre Investment Management Listed Real Assets LLC owned about 0.55% of Healthcare Realty Trust worth $32,881,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Capital Investment Advisors LLC boosted its holdings 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 worth $7,955,000 after buying an additional 111,125 shares during the period. Cerity Partners LLC boosted its holdings in Healthcare Realty Trust by 106.4% in the 3rd quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust's stock worth $1,407,000 after buying an additional 39,975 shares during the period. Y Intercept Hong Kong Ltd bought a new position in Healthcare Realty Trust in the 3rd quarter worth $849,000. Stifel Financial Corp boosted its holdings in Healthcare Realty Trust by 13.4% in the 3rd quarter. Stifel Financial Corp now owns 84,728 shares of the real estate investment trust's stock worth $1,538,000 after buying an additional 10,044 shares during the period. Finally, Geneos Wealth Management Inc. bought a new position in Healthcare Realty Trust in the 4th quarter worth $399,000.

Wall Street Analysts Forecast Growth

Several research firms have commented on HR. StockNews.com downgraded shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Wednesday. 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. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and dropped their price objective for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price objective for the company. in a report on Friday, December 20th. Finally, Wedbush reissued an "outperform" rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $17.20.

Insider Buying and Selling

In other news, COO Robert E. Hull sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total transaction of $174,800.00. Following the transaction, the chief operating officer now directly owns 171,400 shares of the company's stock, valued at approximately $2,996,072. This trade represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.56% of the stock is currently owned by corporate insiders.

Healthcare Realty Trust Trading Up 0.6 %

Shares of NYSE:HR traded up $0.11 during trading on Wednesday, reaching $16.73. The company's stock had a trading volume of 1,745,140 shares, compared to its average volume of 2,489,253. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $18.90. The firm's 50 day simple moving average is $16.62 and its two-hundred day simple moving average is $17.35. The stock has a market capitalization of $5.87 billion, a PE ratio of -9.40 and a beta of 0.94.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, beating 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 firm had revenue of $309.77 million during the quarter, compared to the consensus estimate of $303.81 million. During the same quarter last year, the firm earned $0.39 EPS. The firm's revenue for the quarter was down 6.3% compared to the same quarter last year. Research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust's payout ratio is -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.