Norinchukin Bank The Has $266,000 Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Norinchukin Bank The lowered its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 4.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,681 shares of the real estate investment trust’s stock after selling 736 shares during the quarter. Norinchukin Bank The’s holdings in Healthcare Realty Trust were worth $266,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HR. Smartleaf Asset Management LLC lifted its position in shares of Healthcare Realty Trust by 59.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 612 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of Healthcare Realty Trust by 6.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,530 shares of the real estate investment trust’s stock worth $195,000 after buying an additional 706 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Healthcare Realty Trust by 1.1% during the fourth quarter. Pacer Advisors Inc. now owns 70,776 shares of the real estate investment trust’s stock worth $1,200,000 after buying an additional 786 shares during the last quarter. Park Avenue Securities LLC boosted its position in shares of Healthcare Realty Trust by 4.1% in the fourth quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust’s stock valued at $342,000 after acquiring an additional 793 shares during the period. Finally, Consolidated Portfolio Review Corp grew its stake in shares of Healthcare Realty Trust by 1.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 55,333 shares of the real estate investment trust’s stock worth $938,000 after acquiring an additional 808 shares during the last quarter.

Healthcare Realty Trust Trading Up 1.3 %

HR stock opened at $15.78 on Wednesday. The firm has a market cap of $5.53 billion, a P/E ratio of -8.86 and a beta of 0.85. Healthcare Realty Trust Incorporated has a 1-year low of $13.94 and a 1-year high of $18.90. The business’s 50 day moving average is $16.37 and its 200-day moving average is $16.93.

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 (EPS) for the quarter, topping 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 firm 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 posted $0.39 earnings per share. The business’s revenue for the quarter was down 6.3% compared to the same quarter last year. Sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current 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 $0.31 dividend. The ex-dividend date was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 7.86%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -69.66%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HR. Scotiabank reduced their price target on shares of 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. Wedbush raised Healthcare Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, April 7th. StockNews.com lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, March 27th. Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, Wells Fargo & Company cut their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research note on Monday, March 10th. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target 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.