Clean Yield Group Sells 13,250 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Clean Yield Group cut its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 56.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,360 shares of the real estate investment trust’s stock after selling 13,250 shares during the quarter. Clean Yield Group’s holdings in Healthcare Realty Trust were worth $175,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC acquired a new stake in Healthcare Realty Trust in the 4th quarter worth approximately $440,000. Steward Partners Investment Advisory LLC raised its holdings in Healthcare Realty Trust by 3,419.8% in 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 acquiring an additional 27,700 shares during the period. Russell Investments Group Ltd. lifted its position in Healthcare Realty Trust by 22.4% during the 4th quarter. Russell Investments Group Ltd. now owns 2,772,522 shares of the real estate investment trust’s stock worth $46,993,000 after acquiring an additional 508,045 shares during the last quarter. Candriam S.C.A. boosted its holdings in Healthcare Realty Trust by 201.4% during the fourth quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust’s stock valued at $29,318,000 after acquiring an additional 1,155,745 shares during the period. Finally, Intech Investment Management LLC bought a new stake in Healthcare Realty Trust during the fourth quarter valued at about $410,000.

Analyst Ratings Changes

Several research firms recently weighed in on HR. Wedbush cut their price objective on Healthcare Realty Trust from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Monday, May 5th. Wall Street Zen cut shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 31st. Wells Fargo & Company decreased their price target on shares of Healthcare Realty Trust from $16.00 to $15.00 and set an “underweight” rating on the stock in a research report on Monday, June 2nd. Finally, Scotiabank cut 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 report on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $16.80.

Insider Buying and Selling at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average cost of $14.71 per share, with a total value of $36,775.00. Following the completion of the acquisition, the director now directly owns 56,502 shares of the company’s stock, valued at $831,144.42. This represents a 4.63% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.37% of the company’s stock.

Healthcare Realty Trust Trading Up 1.9%

Shares of NYSE HR opened at $14.46 on Friday. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of -8.12 and a beta of 0.88. Healthcare Realty Trust Incorporated has a one year low of $14.09 and a one year high of $18.90. The business has a fifty day simple moving average of $15.19 and a 200 day simple moving average of $16.31.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, May 1st. The real estate investment trust reported $0.39 EPS for the quarter, hitting analysts’ consensus estimates of $0.39. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The company had revenue of $288.86 million during the quarter, compared to the consensus estimate of $297.39 million. During the same period last year, the firm earned $0.39 EPS. The firm’s revenue for the quarter was down 9.2% compared to the same quarter last year. On average, research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Monday, May 12th were issued a dividend of $0.31 per share. The ex-dividend date was Monday, May 12th. This represents a $1.24 dividend on an annualized basis and a yield of 8.58%. Healthcare Realty Trust’s dividend payout ratio is -113.76%.

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.