Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lowered its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 3.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,721,040 shares of the real estate investment trust’s stock after selling 233,914 shares during the quarter. Geode Capital Management LLC owned approximately 1.90% of Healthcare Realty Trust worth $113,954,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in shares of Healthcare Realty Trust in the 4th quarter valued at $76,825,000. Candriam S.C.A. increased its holdings in shares of Healthcare Realty Trust by 201.4% in the 4th 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. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Healthcare Realty Trust by 289.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust’s stock valued at $26,308,000 after acquiring an additional 1,153,657 shares during the period. Aew Capital Management L P increased its holdings in shares of Healthcare Realty Trust by 1,582.3% in the 4th quarter. Aew Capital Management L P now owns 920,560 shares of the real estate investment trust’s stock valued at $15,603,000 after acquiring an additional 865,840 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Healthcare Realty Trust by 12.0% in the 4th quarter. Bank of New York Mellon Corp now owns 4,630,973 shares of the real estate investment trust’s stock valued at $78,495,000 after acquiring an additional 495,599 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on HR shares. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their price objective for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Wedbush upgraded shares of Healthcare Realty Trust from a “strong sell” rating to a “hold” rating in a research report on Monday. Wells Fargo & Company lowered their price objective on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating on the stock in a research report on Monday, March 10th. Scotiabank lowered their price objective 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. Finally, JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research report on Friday, December 20th. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Stock Up 3.0 %

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

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $303.81 million. During the same period in the prior year, the company posted $0.39 EPS. The business’s revenue for the quarter was down 6.3% on a year-over-year basis. Equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were paid a $0.31 dividend. The ex-dividend date of this dividend 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%.

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.