Raymond James Financial Inc. Makes New Investment in Healthcare Realty Trust Incorporated (NYSE:HR)

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

A number of other large investors also recently bought and sold shares of the stock. Smartleaf Asset Management LLC grew its stake in shares of 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 buying an additional 612 shares in the last quarter. Blue Trust Inc. boosted its holdings in Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock valued at $30,000 after acquiring an additional 925 shares during the period. Synergy Investment Management LLC acquired a new position in Healthcare Realty Trust in the 4th quarter valued at about $36,000. Jones Financial Companies Lllp increased its stake in 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, Point72 Hong Kong Ltd acquired a new stake in shares of Healthcare Realty Trust during the third quarter worth about $65,000.

Healthcare Realty Trust Trading Down 0.5 %

Shares of HR stock traded down $0.08 on Wednesday, reaching $16.85. 2,186,561 shares of the stock were exchanged, compared to its average volume of 3,265,376. Healthcare Realty Trust Incorporated has a twelve month low of $13.64 and a twelve month high of $18.90. The company has a market capitalization of $5.91 billion, a price-to-earnings ratio of -9.47 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 (NYSE:HR - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.01. The business had revenue of $309.77 million for the quarter, compared to the consensus estimate 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 revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.39 EPS. Equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed 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 was Monday, March 3rd. This represents a $1.24 annualized dividend and a dividend yield of 7.36%. Healthcare Realty Trust's dividend payout ratio is presently -69.66%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Wedbush restated an "outperform" rating and issued a $16.00 price objective on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Jefferies Financial Group lowered Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their price objective for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. JPMorgan Chase & Co. cut Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price objective on the stock. in a research note on Friday, December 20th. Wells Fargo & Company lowered their target price on 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. Finally, Scotiabank reduced 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 issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price 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.