Aew Capital Management L P Acquires 865,840 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Aew Capital Management L P increased its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 1,582.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 920,560 shares of the real estate investment trust’s stock after acquiring an additional 865,840 shares during the quarter. Aew Capital Management L P owned about 0.26% of Healthcare Realty Trust worth $15,603,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Private Advisor Group LLC increased its position in shares of Healthcare Realty Trust by 3.6% during the third quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock valued at $551,000 after acquiring an additional 1,062 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Healthcare Realty Trust by 33.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,693 shares of the real estate investment trust’s stock valued at $267,000 after purchasing an additional 3,715 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Healthcare Realty Trust by 5.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 44,034 shares of the real estate investment trust’s stock worth $799,000 after purchasing an additional 2,446 shares in the last quarter. abrdn plc raised its stake in shares of Healthcare Realty Trust by 2.6% in the third quarter. abrdn plc now owns 252,889 shares of the real estate investment trust’s stock worth $4,590,000 after purchasing an additional 6,419 shares during the last quarter. Finally, US Bancorp DE boosted its position in shares of Healthcare Realty Trust by 15.1% during the third quarter. US Bancorp DE now owns 18,899 shares of the real estate investment trust’s stock valued at $343,000 after buying an additional 2,475 shares during the last quarter.

Insider Activity at Healthcare Realty Trust

In related news, COO Robert E. Hull sold 10,000 shares of the stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total value of $174,800.00. Following the transaction, the chief operating officer now owns 171,400 shares of the company’s stock, valued at $2,996,072. This represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is currently owned by company insiders.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock opened at $17.11 on Friday. The firm has a market capitalization of $6.06 billion, a P/E ratio of -9.61 and a beta of 0.94. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The company’s 50-day moving average is $16.63 and its 200 day moving average is $17.37.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.01. The firm had revenue of $309.77 million for the quarter, compared to the consensus estimate 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 company’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 earnings per share. Research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.25%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust’s payout ratio is presently -69.66%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on HR shares. Scotiabank decreased their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research report on Tuesday. Wedbush restated an “outperform” rating and issued a $16.00 price target on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a research report on Friday, December 20th. Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price target for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, StockNews.com upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Healthcare Realty Trust has an average rating of “Hold” and a consensus price target of $17.20.

Healthcare Realty Trust 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.