Sei Investments Co. Grows Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Sei Investments Co. raised its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 17.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,849,743 shares of the real estate investment trust's stock after buying an additional 422,940 shares during the quarter. Sei Investments Co. owned about 0.80% of Healthcare Realty Trust worth $48,303,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Lee Danner & Bass Inc. purchased a new stake in shares of Healthcare Realty Trust in the fourth quarter worth $85,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Healthcare Realty Trust by 31.8% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 193,140 shares of the real estate investment trust's stock valued at $3,274,000 after acquiring an additional 46,617 shares in the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at about $1,107,000. Intech Investment Management LLC bought a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at about $410,000. Finally, Advisors Asset Management Inc. raised its stake in Healthcare Realty Trust by 8.6% in the fourth quarter. Advisors Asset Management Inc. now owns 139,343 shares of the real estate investment trust's stock valued at $2,362,000 after purchasing an additional 11,082 shares in the last quarter.

Analysts Set New Price Targets

A number of brokerages have recently commented on HR. StockNews.com raised shares of Healthcare Realty Trust from a "sell" rating to a "hold" rating in a report on Tuesday, March 18th. Scotiabank reduced 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. Jefferies Financial Group lowered Healthcare Realty Trust from a "buy" rating to a "hold" rating and dropped their price target for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wedbush reiterated an "outperform" rating and issued a $16.00 price objective on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Finally, Wells Fargo & Company decreased their price objective 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $17.00.

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Healthcare Realty Trust Trading Up 0.3 %

Shares of NYSE:HR traded up $0.05 on Thursday, reaching $16.76. 1,809,769 shares of the company traded hands, compared to its average volume of 3,139,191. The stock has a market capitalization of $5.88 billion, a P/E ratio of -9.41 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 52 week low of $13.45 and a 52 week high of $18.90. The business's 50-day simple moving average is $16.65 and its 200 day simple moving average is $17.24.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm had revenue of $309.77 million during the quarter, compared to the consensus estimate of $303.81 million. During the same quarter in the previous year, the company posted $0.39 earnings per share. The business's revenue was down 6.3% on a year-over-year basis. Sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 7.40%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -69.66%.

Healthcare Realty Trust Company 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.