Russell Investments Group Ltd. Has $46.99 Million Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Russell Investments Group Ltd. raised its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 22.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,772,522 shares of the real estate investment trust's stock after purchasing an additional 508,045 shares during the period. Russell Investments Group Ltd. owned 0.78% of Healthcare Realty Trust worth $46,993,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Capital Investment Advisors LLC grew its position in shares of Healthcare Realty Trust by 31.0% during the 4th quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust's stock valued at $7,955,000 after acquiring an additional 111,125 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Healthcare Realty Trust during the 4th quarter worth $440,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Healthcare Realty Trust by 3,419.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 28,510 shares of the real estate investment trust's stock valued at $483,000 after purchasing an additional 27,700 shares during the period. Y Intercept Hong Kong Ltd purchased a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at approximately $849,000. Finally, Stifel Financial Corp boosted its stake in Healthcare Realty Trust by 13.4% during the third quarter. Stifel Financial Corp now owns 84,728 shares of the real estate investment trust's stock worth $1,538,000 after buying an additional 10,044 shares during the period.

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Healthcare Realty Trust Stock Up 1.5 %

HR stock traded up $0.23 during trading hours on Friday, hitting $15.39. The company's stock had a trading volume of 3,296,314 shares, compared to its average volume of 3,307,293. The company has a market capitalization of $5.40 billion, a PE ratio of -8.64 and a beta of 0.85. The stock has a 50 day moving average price of $16.46 and a two-hundred day moving average price of $17.03. Healthcare Realty Trust Incorporated has a 12 month low of $13.64 and a 12 month high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its earnings results 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 was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.39 earnings per share. Sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

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. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.06%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust's dividend payout ratio is currently -69.66%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on HR shares. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price target on the stock. in a research note on Friday, December 20th. Scotiabank cut their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a report on Tuesday, February 25th. Wells Fargo & Company cut their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a report on Monday, March 10th. Jefferies Financial Group downgraded Healthcare Realty Trust from a "buy" rating to a "hold" rating and cut their target price for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. Finally, StockNews.com cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Thursday, March 27th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company. Based on data from MarketBeat, the stock presently 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.