Dupont Capital Management Corp increased its position in Healthcare Realty Trust Inc (NYSE:HR) by 10.2% in the third quarter, Holdings Channel.com reports. The firm owned 12,106 shares of the real estate investment trust’s stock after acquiring an additional 1,124 shares during the period. Dupont Capital Management Corp’s holdings in Healthcare Realty Trust were worth $406,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in HR. Price T Rowe Associates Inc. MD grew its position in shares of Healthcare Realty Trust by 5.5% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 9,117,172 shares of the real estate investment trust’s stock worth $285,550,000 after buying an additional 473,389 shares during the period. Capital Advisors Inc. OK grew its position in shares of Healthcare Realty Trust by 313.3% during the 2nd quarter. Capital Advisors Inc. OK now owns 335,793 shares of the real estate investment trust’s stock worth $10,517,000 after buying an additional 254,552 shares during the period. Bank of New York Mellon Corp grew its position in shares of Healthcare Realty Trust by 12.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,156,928 shares of the real estate investment trust’s stock worth $67,555,000 after buying an additional 235,936 shares during the period. Eaton Vance Management grew its position in shares of Healthcare Realty Trust by 46.3% during the 2nd quarter. Eaton Vance Management now owns 665,394 shares of the real estate investment trust’s stock worth $20,840,000 after buying an additional 210,438 shares during the period. Finally, State of New Jersey Common Pension Fund D acquired a new position in shares of Healthcare Realty Trust during the 3rd quarter worth about $3,936,000. Hedge funds and other institutional investors own 96.65% of the company’s stock.
HR has been the topic of a number of analyst reports. Morgan Stanley upped their price objective on Healthcare Realty Trust from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 17th. Berenberg Bank assumed coverage on Healthcare Realty Trust in a report on Thursday, September 12th. They issued a “buy” rating on the stock. BMO Capital Markets reaffirmed a “hold” rating and issued a $31.00 price objective on shares of Healthcare Realty Trust in a report on Wednesday. Capital One Financial reaffirmed an “equal weight” rating on shares of Healthcare Realty Trust in a report on Thursday, August 1st. Finally, ValuEngine lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 1st. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Healthcare Realty Trust currently has an average rating of “Hold” and a consensus target price of $33.67.
HR opened at $32.54 on Thursday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.13 and a current ratio of 0.13. Healthcare Realty Trust Inc has a 52-week low of $27.08 and a 52-week high of $34.89. The firm has a market cap of $4.39 billion, a P/E ratio of 20.73, a price-to-earnings-growth ratio of 9.80 and a beta of 0.29. The business’s fifty day moving average is $33.76 and its 200-day moving average is $32.59.
Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.37). Healthcare Realty Trust had a net margin of 6.12% and a return on equity of 1.60%. The company had revenue of $119.80 million during the quarter, compared to analyst estimates of $117.93 million. During the same period in the previous year, the company posted $0.39 EPS. The company’s quarterly revenue was up 5.6% on a year-over-year basis. On average, research analysts predict that Healthcare Realty Trust Inc will post 1.58 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 14th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $1.20 annualized dividend and a yield of 3.69%. Healthcare Realty Trust’s dividend payout ratio is currently 76.43%.
About Healthcare Realty Trust
Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion.
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