Crossmark Global Holdings Inc. acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 10,996 shares of the real estate investment trust’s stock, valued at approximately $356,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HR. Fiduciary Trust Co. bought a new stake in Healthcare Realty Trust in the 2nd quarter valued at $113,000. Pacad Investment Ltd. raised its stake in Healthcare Realty Trust by 41.2% in the 2nd quarter. Pacad Investment Ltd. now owns 4,800 shares of the real estate investment trust’s stock valued at $164,000 after acquiring an additional 1,400 shares during the period. Huntington National Bank raised its stake in Healthcare Realty Trust by 36.7% in the 2nd quarter. Huntington National Bank now owns 5,193 shares of the real estate investment trust’s stock valued at $177,000 after acquiring an additional 1,393 shares during the period. PNC Financial Services Group Inc. raised its stake in Healthcare Realty Trust by 1.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 6,219 shares of the real estate investment trust’s stock valued at $212,000 after acquiring an additional 72 shares during the period. Finally, Neuberger Berman Group LLC raised its stake in Healthcare Realty Trust by 0.7% in the 2nd quarter. Neuberger Berman Group LLC now owns 6,267 shares of the real estate investment trust’s stock valued at $214,000 after acquiring an additional 46 shares during the period. 91.64% of the stock is owned by institutional investors.
Healthcare Realty Trust Incorporated (NYSE:HR) opened at $32.83 on Friday. The company has a current ratio of 2.82, a quick ratio of 2.82 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $4,100.14, a price-to-earnings ratio of 20.91, a price-to-earnings-growth ratio of 5.24 and a beta of 0.32. Healthcare Realty Trust Incorporated has a 12-month low of $28.38 and a 12-month high of $36.25.
Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). The firm had revenue of $106.95 million for the quarter, compared to the consensus estimate of $108.97 million. Healthcare Realty Trust had a return on equity of 6.62% and a net margin of 26.70%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 EPS. sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.57 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 16th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.66%. The ex-dividend date is Wednesday, November 15th. Healthcare Realty Trust’s payout ratio is 123.71%.
In other news, Director John Knox Singleton acquired 3,074 shares of the stock in a transaction on Friday, November 10th. The shares were purchased at an average price of $32.55 per share, for a total transaction of $100,058.70. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 1.85% of the stock is owned by company insiders.
HR has been the topic of a number of research analyst reports. Stifel Nicolaus restated a “buy” rating and issued a $34.00 price target on shares of Healthcare Realty Trust in a research note on Friday, November 3rd. Zacks Investment Research cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, September 13th. Morgan Stanley increased their price objective on Healthcare Realty Trust from $32.50 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, September 25th. Cantor Fitzgerald reiterated a “buy” rating on shares of Healthcare Realty Trust in a research report on Wednesday, August 23rd. Finally, Mizuho reiterated a “hold” rating and set a $35.00 price objective on shares of Healthcare Realty Trust in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $33.29.
About Healthcare Realty Trust
Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.
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