Proficio Capital Partners LLC Purchases New Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Proficio Capital Partners LLC bought a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 25,934 shares of the real estate investment trust's stock, valued at approximately $440,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Blue Trust Inc. boosted its position in Healthcare Realty Trust by 130.3% in the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 925 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Healthcare Realty Trust by 59.0% in 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 acquiring an additional 612 shares during the last quarter. Synergy Investment Management LLC acquired a new stake in Healthcare Realty Trust in the fourth quarter worth about $36,000. Jones Financial Companies Lllp raised 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 worth $52,000 after purchasing an additional 1,249 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new position in Healthcare Realty Trust during the 3rd quarter valued at about $65,000.

Healthcare Realty Trust Trading Down 0.0 %

Shares of HR stock traded down $0.01 during trading hours on Friday, hitting $16.76. 2,339,542 shares of the company were exchanged, compared to its average volume of 3,274,231. The company has a market capitalization of $5.88 billion, a PE ratio of -9.41 and a beta of 0.97. The business has a 50 day moving average of $16.65 and a two-hundred day moving average of $17.24. Healthcare Realty Trust Incorporated has a 52 week low of $13.64 and a 52 week high of $18.90.

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Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.39 by $0.01. The firm had revenue of $309.77 million during the quarter, compared to analysts' expectations 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 business's quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.39 earnings per share. On average, research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were issued 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 7.40%. Healthcare Realty Trust's payout ratio is -69.66%.

Analysts Set New Price Targets

HR has been the subject of a number of recent research reports. Wedbush reissued an "outperform" rating and set a $16.00 price target on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. Jefferies Financial Group cut shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and dropped their target price for the company from $19.00 to $17.00 in a research 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. 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 note on Friday, December 20th. Finally, Wells Fargo & Company dropped their price objective on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target 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.