New York Life Investment Management LLC Sells 47,862 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

New York Life Investment Management LLC lowered its position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 55.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 38,434 shares of the real estate investment trust's stock after selling 47,862 shares during the period. New York Life Investment Management LLC's holdings in Healthcare Realty Trust were worth $651,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of HR. Wealth Enhancement Advisory Services LLC boosted its position in shares of Healthcare Realty Trust by 5.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 44,034 shares of the real estate investment trust's stock valued at $799,000 after acquiring an additional 2,446 shares during the last quarter. US Bancorp DE boosted its position in shares of Healthcare Realty Trust by 15.1% during the 3rd quarter. US Bancorp DE now owns 18,899 shares of the real estate investment trust's stock worth $343,000 after purchasing an additional 2,475 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in Healthcare Realty Trust in the 3rd quarter valued at about $89,000. Van ECK Associates Corp increased its stake in shares of Healthcare Realty Trust by 8.9% during the 3rd quarter. Van ECK Associates Corp now owns 166,676 shares of the real estate investment trust's stock valued at $3,040,000 after acquiring an additional 13,592 shares during the last quarter. Finally, Atria Investments Inc increased its position in Healthcare Realty Trust by 29.5% during the 3rd quarter. Atria Investments Inc now owns 88,054 shares of the real estate investment trust's stock worth $1,598,000 after purchasing an additional 20,064 shares in the last quarter.

Healthcare Realty Trust Stock Up 0.6 %

NYSE HR traded up $0.11 during trading hours on Wednesday, hitting $16.73. The company had a trading volume of 1,745,140 shares, compared to its average volume of 2,489,253. The firm has a market cap of $5.87 billion, a P/E ratio of -9.40 and a beta of 0.94. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90. The business has a fifty day simple moving average of $16.62 and a 200-day simple moving average of $17.35.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, topping 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 firm had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same period last year, the company posted $0.39 EPS. The business's quarterly revenue was down 6.3% compared to the same quarter last year. Equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

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 issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 7.41%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust's payout ratio is presently -69.66%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. StockNews.com cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Wednesday. JPMorgan Chase & Co. cut Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 target price for the company. in a research note on Friday, December 20th. Wedbush reiterated an "outperform" rating and set a $16.00 target price on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. Jefferies Financial Group cut Healthcare Realty Trust from a "buy" rating to a "hold" rating and reduced their target price for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Finally, Scotiabank dropped their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Healthcare Realty Trust presently has an average rating of "Hold" and an average price target of $17.20.

Insider Activity at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Peter F. Sr Lyle, Sr. bought 10,000 shares of the firm's stock in a transaction on Friday, December 13th. The stock was purchased at an average cost of $17.21 per share, with a total value of $172,100.00. Following the completion of the purchase, the director now owns 26,576 shares in the company, valued at approximately $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.56% of the stock is owned by insiders.

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.