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Slagle Financial LLC Boosts Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

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Slagle Financial LLC lifted its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 10.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 198,779 shares of the real estate investment trust's stock after purchasing an additional 18,236 shares during the quarter. Healthcare Realty Trust comprises 1.5% of Slagle Financial LLC's portfolio, making the stock its 22nd biggest holding. Slagle Financial LLC owned about 0.06% of Healthcare Realty Trust worth $3,369,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of HR. Norges Bank bought a new stake in shares of Healthcare Realty Trust during the fourth quarter worth $76,825,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Healthcare Realty Trust by 358.2% during 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 buying an additional 1,674,583 shares in the last quarter. Candriam S.C.A. boosted its position in Healthcare Realty Trust by 201.4% in the 4th quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust's stock valued at $29,318,000 after buying an additional 1,155,745 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Healthcare Realty Trust by 289.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust's stock worth $26,308,000 after acquiring an additional 1,153,657 shares during the period. Finally, Aew Capital Management L P boosted its holdings in shares of Healthcare Realty Trust by 1,582.3% in the fourth quarter. Aew Capital Management L P now owns 920,560 shares of the real estate investment trust's stock valued at $15,603,000 after purchasing an additional 865,840 shares during the period.

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Healthcare Realty Trust Stock Performance

HR stock traded down $0.02 on Tuesday, hitting $16.89. 626,968 shares of the company's stock were exchanged, compared to its average volume of 3,257,670. The firm has a 50 day moving average price of $16.67 and a two-hundred day moving average price of $17.20. Healthcare Realty Trust Incorporated has a 12-month low of $13.64 and a 12-month high of $18.90. The stock has a market cap of $5.92 billion, a P/E ratio of -9.49 and a beta of 0.97.

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 EPS for the quarter, beating the consensus estimate of $0.39 by $0.01. The firm had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. Healthcare Realty Trust's revenue was down 6.3% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS. Sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were paid a $0.31 dividend. The ex-dividend date was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 7.34%. Healthcare Realty Trust's dividend payout ratio (DPR) is -69.66%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Wedbush reiterated an "outperform" rating and issued a $16.00 target price 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 lowered their target price for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. 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 report on Friday, December 20th. StockNews.com cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Thursday, March 27th. Finally, Wells Fargo & Company cut their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating on the stock in a research note on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $17.00.

Get Our Latest Report on Healthcare Realty Trust

Healthcare Realty Trust Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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