Invesco Ltd. Sells 290,901 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Invesco Ltd. cut its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 17.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,369,037 shares of the real estate investment trust's stock after selling 290,901 shares during the quarter. Invesco Ltd. owned 0.39% of Healthcare Realty Trust worth $23,205,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in HR. Bank of New York Mellon Corp boosted its holdings in shares of Healthcare Realty Trust by 12.0% in the 4th quarter. Bank of New York Mellon Corp now owns 4,630,973 shares of the real estate investment trust's stock valued at $78,495,000 after purchasing an additional 495,599 shares in the last quarter. Norges Bank acquired a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at approximately $76,825,000. Sei Investments Co. increased its position in Healthcare Realty Trust by 17.4% during the 4th quarter. Sei Investments Co. now owns 2,849,743 shares of the real estate investment trust's stock worth $48,303,000 after purchasing an additional 422,940 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in Healthcare Realty Trust by 22.4% in the 4th quarter. Russell Investments Group Ltd. now owns 2,772,522 shares of the real estate investment trust's stock valued at $46,993,000 after purchasing an additional 508,045 shares during the last quarter. Finally, Candriam S.C.A. boosted its position in Healthcare Realty Trust by 201.4% in the fourth quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust's stock valued at $29,318,000 after buying an additional 1,155,745 shares in the last quarter.

Healthcare Realty Trust Price Performance

NYSE HR traded down $0.40 during mid-day trading on Monday, reaching $15.60. 1,513,024 shares of the stock were exchanged, compared to its average volume of 3,309,157. The stock has a market cap of $5.47 billion, a P/E ratio of -8.76 and a beta of 0.85. Healthcare Realty Trust Incorporated has a one year low of $13.86 and a one year high of $18.90. The stock has a 50 day simple moving average of $16.39 and a 200-day simple moving average of $16.94.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business 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 posted $0.39 EPS. Healthcare Realty Trust's revenue was down 6.3% compared to the same quarter last year. Sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 annualized dividend and a dividend yield of 7.95%. Healthcare Realty Trust's payout ratio is -69.66%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on HR shares. StockNews.com cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. Scotiabank reduced their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Jefferies Financial Group lowered 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. Wedbush upgraded shares of Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research report on Monday, April 7th. Finally, Wells Fargo & Company cut their price target 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. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price 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.