Lasalle Investment Management Securities LLC Takes $31.40 Million Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Lasalle Investment Management Securities LLC purchased a new stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,852,412 shares of the real estate investment trust's stock, valued at approximately $31,398,000. Healthcare Realty Trust comprises approximately 1.3% of Lasalle Investment Management Securities LLC's portfolio, making the stock its 24th largest holding. Lasalle Investment Management Securities LLC owned about 0.52% of Healthcare Realty Trust as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of HR. Smartleaf Asset Management LLC grew its position in Healthcare Realty Trust by 59.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock worth $27,000 after purchasing an additional 612 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Healthcare Realty Trust by 130.3% in the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 925 shares during the period. Synergy Investment Management LLC purchased a new stake in shares of Healthcare Realty Trust during the fourth quarter worth approximately $36,000. Jones Financial Companies Lllp lifted its holdings in shares of Healthcare Realty Trust by 68.7% during the fourth quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 1,249 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in Healthcare Realty Trust in the 3rd quarter valued at $78,000.

Healthcare Realty Trust Stock Up 0.0 %

Shares of HR traded up $0.01 on Thursday, reaching $15.73. The stock had a trading volume of 1,122,581 shares, compared to its average volume of 3,285,126. The firm has a 50-day moving average of $16.36 and a 200 day moving average of $16.92. The firm has a market capitalization of $5.52 billion, a PE ratio of -8.83 and a beta of 0.85. Healthcare Realty Trust Incorporated has a twelve month low of $13.94 and a twelve month high of $18.90.

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 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business had revenue of $309.77 million during the quarter, compared to analysts' expectations of $303.81 million. During the same quarter last year, the business posted $0.39 earnings per share. The business's revenue for the quarter was down 6.3% on a year-over-year basis. On average, sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.89%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -69.66%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Scotiabank reduced their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating for the company in a research note on Tuesday, February 25th. Jefferies Financial Group lowered Healthcare Realty Trust from a "buy" rating to a "hold" rating and lowered their price objective for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. StockNews.com downgraded Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. Wells Fargo & Company decreased 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. Finally, Wedbush upgraded Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research report on Monday, April 7th. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $17.00.

Healthcare Realty Trust 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.