World Investment Advisors Takes Position in Healthcare Realty Trust Incorporated (NYSE:HR)

World Investment Advisors bought a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,175 shares of the real estate investment trust’s stock, valued at approximately $206,000.

Several other institutional investors and hedge funds have also bought and sold shares of HR. Captrust Financial Advisors grew its holdings in Healthcare Realty Trust by 27.2% during the third quarter. Captrust Financial Advisors now owns 31,562 shares of the real estate investment trust’s stock valued at $573,000 after purchasing an additional 6,747 shares during the period. Point72 Asset Management L.P. bought a new position in Healthcare Realty Trust during the third quarter valued at $1,084,000. Quantinno Capital Management LP bought a new position in Healthcare Realty Trust during the third quarter valued at $206,000. Stifel Financial Corp grew its holdings in Healthcare Realty Trust by 13.4% during the third quarter. Stifel Financial Corp now owns 84,728 shares of the real estate investment trust’s stock valued at $1,538,000 after purchasing an additional 10,044 shares during the period. Finally, XTX Topco Ltd bought a new position in Healthcare Realty Trust during the third quarter valued at $788,000.

Healthcare Realty Trust Stock Performance

Shares of HR stock opened at $15.57 on Thursday. Healthcare Realty Trust Incorporated has a 52-week low of $13.64 and a 52-week high of $18.90. The company has a market capitalization of $5.46 billion, a PE ratio of -8.75 and a beta of 0.85. The business’s fifty day moving average is $16.51 and its 200 day moving average is $17.07.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $303.81 million. During the same quarter last year, the business posted $0.39 earnings per share. The company’s revenue for the quarter was down 6.3% on a year-over-year basis. On average, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were given a dividend of $0.31 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 7.96%. Healthcare Realty Trust’s payout ratio is -69.66%.

Analyst Ratings Changes

A number of equities analysts have recently commented on HR shares. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday, December 20th. StockNews.com lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, March 27th. Wedbush raised Healthcare Realty Trust from a “strong sell” rating to a “hold” rating in a report on Monday. Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their price target for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, Scotiabank cut their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $17.00.

About Healthcare Realty Trust

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.