Ieq Capital LLC Buys Shares of 38,899 Healthcare Realty Trust Incorporated (NYSE:HR)

Ieq Capital LLC bought a new stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 38,899 shares of the real estate investment trust's stock, valued at approximately $659,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Pzena Investment Management LLC purchased a new position in shares of Healthcare Realty Trust in the third quarter valued at $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Healthcare Realty Trust by 358.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust's stock valued at $38,879,000 after buying an additional 1,674,583 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Healthcare Realty Trust by 289.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust's stock valued at $26,308,000 after buying an additional 1,153,657 shares in the last quarter. Barclays PLC increased its position in shares of Healthcare Realty Trust by 116.2% in the third quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust's stock valued at $13,117,000 after buying an additional 388,305 shares in the last quarter. Finally, Capital Investment Advisors LLC increased its position in shares of Healthcare Realty Trust by 31.0% in the fourth quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust's stock valued at $7,955,000 after buying an additional 111,125 shares in the last quarter.

Wall Street Analysts Forecast Growth

HR has been the subject of a number of recent research reports. JPMorgan Chase & Co. cut Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price objective for the company. in a research report on Friday, December 20th. StockNews.com upgraded Healthcare Realty Trust from a "sell" rating to a "hold" rating in a research report on Tuesday. Wedbush reiterated an "outperform" rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. Scotiabank lowered their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating for the company in a report on Tuesday. Finally, Jefferies Financial Group cut 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. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Healthcare Realty Trust has an average rating of "Hold" and a consensus target price of $17.20.

Healthcare Realty Trust Stock Up 1.8 %

Shares of NYSE HR traded up $0.30 during midday trading on Friday, hitting $17.11. The stock had a trading volume of 6,297,769 shares, compared to its average volume of 2,497,274. The company has a market capitalization of $6.06 billion, a price-to-earnings ratio of -9.61 and a beta of 0.94. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The company has a fifty day moving average price of $16.63 and a 200 day moving average price of $17.37.

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, beating the consensus estimate of $0.39 by $0.01. The business had revenue of $309.77 million for the quarter, compared to analyst estimates 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 revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.39 EPS. On average, research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.25%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust's dividend payout ratio is currently -69.66%.

Insider Buying and Selling

In related news, COO Robert E. Hull sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, December 17th. The stock was 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. The trade was a 5.51 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.56% of the stock is currently owned by corporate insiders.

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.