State of New Jersey Common Pension Fund D Has $3.68 Million Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

State of New Jersey Common Pension Fund D cut its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 13.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 217,044 shares of the real estate investment trust's stock after selling 35,103 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.06% of Healthcare Realty Trust worth $3,679,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. grew its stake in Healthcare Realty Trust by 130.3% in the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock worth $30,000 after purchasing an additional 925 shares in the last quarter. Point72 Hong Kong Ltd acquired a new stake in Healthcare Realty Trust in the third quarter worth $65,000. Wilmington Savings Fund Society FSB bought a new stake in Healthcare Realty Trust in the 3rd quarter valued at about $78,000. Harbor Capital Advisors Inc. bought a new stake in shares of Healthcare Realty Trust during the third quarter valued at approximately $89,000. Finally, Allworth Financial LP raised its stake in Healthcare Realty Trust by 118.8% during the 4th quarter. Allworth Financial LP now owns 5,152 shares of the real estate investment trust's stock valued at $85,000 after acquiring an additional 2,797 shares in the last quarter.

Analysts Set New Price Targets

A number of analysts have commented on HR shares. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price target on the stock. in a research report on Friday, December 20th. Jefferies Financial Group downgraded Healthcare Realty Trust from a "buy" rating to a "hold" rating and reduced their target price for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, Wedbush reiterated an "outperform" rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $17.40.

Insider Transactions at Healthcare Realty Trust

In other news, Director Peter F. Sr Lyle, Sr. bought 10,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average cost of $17.21 per share, with a total value of $172,100.00. Following the completion of the transaction, the director now directly owns 26,576 shares in the company, valued at $457,372.96. This trade represents a 60.33 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.56% of the stock is currently owned by corporate insiders.

Healthcare Realty Trust Stock Performance

Shares of Healthcare Realty Trust stock traded down $0.23 during midday trading on Friday, reaching $16.36. 798,303 shares of the company's stock traded hands, compared to its average volume of 2,376,566. The company has a market cap of $5.80 billion, a price-to-earnings ratio of -9.17 and a beta of 0.94. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The company's 50 day simple moving average is $16.67 and its 200 day simple moving average is $17.41.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its earnings results 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. The company had revenue of $309.77 million for the quarter, compared to analyst estimates 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 was down 6.3% compared to the same quarter last year. During the same period last year, the company earned $0.39 earnings per share. As a group, equities research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be issued a $0.31 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 7.58%. 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.