Renaissance Technologies LLC Reduces Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Renaissance Technologies LLC trimmed its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 22.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 822,972 shares of the real estate investment trust's stock after selling 235,400 shares during the period. Renaissance Technologies LLC owned approximately 0.23% of Healthcare Realty Trust worth $13,949,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Quantinno Capital Management LP bought a new position in shares of Healthcare Realty Trust in the third quarter worth $206,000. Stifel Financial Corp boosted its stake in Healthcare Realty Trust by 13.4% in the 3rd quarter. Stifel Financial Corp now owns 84,728 shares of the real estate investment trust's stock worth $1,538,000 after purchasing an additional 10,044 shares during the period. MML Investors Services LLC grew its holdings in Healthcare Realty Trust by 6.1% during the 3rd quarter. MML Investors Services LLC now owns 24,487 shares of the real estate investment trust's stock valued at $444,000 after buying an additional 1,416 shares in the last quarter. Barclays PLC grew its holdings in Healthcare Realty Trust by 116.2% during the 3rd quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust's stock valued at $13,117,000 after buying an additional 388,305 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of Healthcare Realty Trust during the third quarter valued at about $194,000.

Healthcare Realty Trust Stock Up 1.8 %

Shares of NYSE HR traded up $0.28 during mid-day trading on Friday, reaching $15.98. 3,129,278 shares of the company were exchanged, compared to its average volume of 3,308,885. The stock has a market capitalization of $5.60 billion, a PE ratio of -8.97 and a beta of 0.85. Healthcare Realty Trust Incorporated has a 52 week low of $13.68 and a 52 week high of $18.90. The company's 50 day moving average price is $16.40 and its 200 day moving average price is $16.97.

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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company's revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.39 EPS. On average, sell-side analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders 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 annualized dividend and a yield of 7.76%. Healthcare Realty Trust's payout ratio is -69.66%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on HR shares. 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 report on Friday, December 20th. Wells Fargo & Company cut their price target on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a report on Monday, March 10th. Wedbush upgraded Healthcare Realty Trust from a "strong sell" rating to a "hold" rating in a research report on Monday, April 7th. StockNews.com lowered Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. Finally, Scotiabank decreased their target price on 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. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat, the company has a consensus 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.