178,102 Shares in Healthcare Realty Trust Incorporated (NYSE:HR) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 178,102 shares of the real estate investment trust's stock, valued at approximately $3,019,000. Raymond James Financial Inc. owned approximately 0.05% of Healthcare Realty Trust at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Cerity Partners LLC increased its stake in Healthcare Realty Trust by 106.4% in the third quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust's stock valued at $1,407,000 after acquiring an additional 39,975 shares during the period. CreativeOne Wealth LLC acquired a new stake in Healthcare Realty Trust during the third quarter valued at approximately $213,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Healthcare Realty Trust by 358.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust's stock valued at $38,879,000 after purchasing an additional 1,674,583 shares during the period. Walleye Capital LLC acquired a new position in shares of Healthcare Realty Trust in the 3rd quarter worth approximately $965,000. Finally, Captrust Financial Advisors lifted its position in shares of Healthcare Realty Trust by 27.2% during the 3rd quarter. Captrust Financial Advisors now owns 31,562 shares of the real estate investment trust's stock worth $573,000 after buying an additional 6,747 shares during the period.

Remove Ads

Healthcare Realty Trust Stock Down 0.3 %

NYSE:HR traded down $0.05 during mid-day trading on Tuesday, reaching $16.86. 803,390 shares of the company were exchanged, compared to its average volume of 3,258,341. The stock has a market cap of $5.91 billion, a PE ratio of -9.47 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 12 month low of $13.64 and a 12 month high of $18.90. The company has a fifty day moving average of $16.67 and a 200 day moving average of $17.20.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released 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. 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 for the quarter, compared to analysts' expectations of $303.81 million. During the same period in the prior year, the firm earned $0.39 earnings per share. Healthcare Realty Trust's revenue was down 6.3% compared to the same quarter last year. On average, equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders 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 dividend on an annualized basis and a dividend yield of 7.36%. Healthcare Realty Trust's payout ratio is currently -69.66%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HR. StockNews.com cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research report 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 target price on the stock. in a report on Friday, December 20th. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their price target for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Scotiabank decreased their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 25th. Finally, Wells Fargo & Company cut their target price on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a research note on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, Healthcare Realty Trust has a consensus rating of "Hold" and a consensus 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.