New Age Alpha Advisors LLC Acquires New Position in Healthcare Realty Trust Incorporated (NYSE:HR)

New Age Alpha Advisors LLC acquired a new stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 134,289 shares of the real estate investment trust's stock, valued at approximately $2,276,000.

Other large investors have also recently made changes to their positions in the company. Blue Trust Inc. increased its stake in Healthcare Realty Trust by 130.3% during the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 925 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in shares of Healthcare Realty Trust by 59.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock valued at $27,000 after purchasing an additional 612 shares during the period. Synergy Investment Management LLC bought a new position in shares of Healthcare Realty Trust in the fourth quarter worth about $36,000. Jones Financial Companies Lllp lifted its holdings in Healthcare Realty Trust by 68.7% during the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust's stock valued at $52,000 after buying an additional 1,249 shares in the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in Healthcare Realty Trust in the 3rd quarter worth about $65,000.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock traded down $0.03 during trading hours on Thursday, reaching $16.82. The stock had a trading volume of 487,551 shares, compared to its average volume of 3,254,830. The company has a market cap of $5.90 billion, a price-to-earnings ratio of -9.45 and a beta of 0.97. The business's 50 day moving average price is $16.67 and its 200-day moving average price is $17.19. Healthcare Realty Trust Incorporated has a 52 week low of $13.64 and a 52 week high of $18.90.

Remove Ads

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, topping the consensus estimate of $0.39 by $0.01. The firm had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. Healthcare Realty Trust's revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.39 EPS. On average, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were given a $0.31 dividend. The ex-dividend date was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.37%. Healthcare Realty Trust's payout ratio is -69.66%.

Analyst Upgrades and Downgrades

HR has been the topic of several research analyst reports. Wedbush reissued an "outperform" rating and issued a $16.00 price objective on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. StockNews.com lowered Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. JPMorgan Chase & Co. lowered 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 research note on Friday, December 20th. Wells Fargo & Company cut their target price on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a research report on Monday, March 10th. Finally, Jefferies Financial Group cut shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and lowered their price target for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $17.00.

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.