Sei Investments Co. Acquires 422,940 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Sei Investments Co. raised its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 17.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,849,743 shares of the real estate investment trust’s stock after buying an additional 422,940 shares during the period. Sei Investments Co. owned about 0.80% of Healthcare Realty Trust worth $48,303,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its position in Healthcare Realty Trust by 59.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 612 shares in the last quarter. Blue Trust Inc. raised its stake in shares of 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 during the last quarter. Synergy Investment Management LLC bought a new position in shares of Healthcare Realty Trust in the fourth quarter valued at approximately $36,000. Jones Financial Companies Lllp boosted its position in shares of Healthcare Realty Trust by 68.7% during the fourth quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock valued at $52,000 after buying an additional 1,249 shares during the last quarter. Finally, Point72 Hong Kong Ltd bought a new stake in Healthcare Realty Trust during the third quarter worth $65,000.

Analysts Set New Price Targets

Several brokerages have weighed in on HR. JPMorgan Chase & Co. cut Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research note on Friday, December 20th. StockNews.com upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th. Scotiabank decreased their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Wedbush restated an “outperform” rating and issued a $16.00 target price on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. Finally, Wells Fargo & Company decreased their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research report on Monday, March 10th. One research 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, the company has a consensus rating of “Hold” and a consensus price target of $17.00.

Healthcare Realty Trust Stock Down 0.9 %

Healthcare Realty Trust stock opened at $16.60 on Monday. The firm has a 50 day moving average price of $16.62 and a 200-day moving average price of $17.26. Healthcare Realty Trust Incorporated has a twelve month low of $13.29 and a twelve month high of $18.90. The company has a market capitalization of $5.82 billion, a P/E ratio of -9.32 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data 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. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same period in the prior year, the company earned $0.39 earnings per share. Healthcare Realty Trust’s revenue was down 6.3% compared to the same quarter last year. Equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 7.47%. The ex-dividend date was Monday, March 3rd. 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.