Russell Investments Group Ltd. Has $46.99 Million Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Russell Investments Group Ltd. grew its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 22.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,772,522 shares of the real estate investment trust’s stock after acquiring an additional 508,045 shares during the period. Russell Investments Group Ltd. owned 0.78% of Healthcare Realty Trust worth $46,993,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Investment Advisors LLC boosted its stake in Healthcare Realty Trust by 31.0% in the fourth quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust’s stock worth $7,955,000 after purchasing an additional 111,125 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in Healthcare Realty Trust during the 4th quarter worth about $440,000. Steward Partners Investment Advisory LLC lifted its position in Healthcare Realty Trust by 3,419.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 28,510 shares of the real estate investment trust’s stock worth $483,000 after buying an additional 27,700 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in Healthcare Realty Trust during the 3rd quarter worth about $849,000. Finally, Stifel Financial Corp increased its position in Healthcare Realty Trust by 13.4% in the 3rd quarter. Stifel Financial Corp now owns 84,728 shares of the real estate investment trust’s stock valued at $1,538,000 after acquiring an additional 10,044 shares in the last quarter.

Healthcare Realty Trust Trading Down 3.2 %

NYSE:HR opened at $16.12 on Monday. The firm has a market capitalization of $5.66 billion, a price-to-earnings ratio of -9.06 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 1-year low of $13.64 and a 1-year high of $18.90. The business’s 50-day moving average price is $16.66 and its two-hundred day moving average price is $17.15.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data 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. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The business had revenue of $309.77 million for the quarter, compared to analyst estimates of $303.81 million. During the same quarter last year, the firm earned $0.39 EPS. Healthcare Realty Trust’s quarterly revenue was down 6.3% compared to the same quarter last year. Sell-side 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 disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on HR shares. StockNews.com cut shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, March 27th. JPMorgan Chase & Co. cut Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a research note 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 research note on Thursday, January 2nd. Wedbush reiterated an “outperform” rating and issued a $16.00 price objective on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. Finally, Scotiabank cut their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $17.00.

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.