New York State Teachers Retirement System Has $3,113,000 Stake in Healthcare Realty Trust Incorporated (HR)

New York State Teachers Retirement System maintained its stake in Healthcare Realty Trust Incorporated (NYSE:HR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,794 shares of the real estate investment trust’s stock at the end of the first quarter. New York State Teachers Retirement System owned approximately 0.08% of Healthcare Realty Trust worth $3,113,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Healthcare Realty Trust during the fourth quarter worth about $34,711,000. Lazard Asset Management LLC purchased a new position in Healthcare Realty Trust during the first quarter worth about $19,801,000. Bennicas & Associates Inc. purchased a new position in Healthcare Realty Trust during the first quarter worth about $202,000. Franklin Resources Inc. increased its position in Healthcare Realty Trust by 29.9% in the fourth quarter. Franklin Resources Inc. now owns 33,105 shares of the real estate investment trust’s stock worth $1,004,000 after buying an additional 7,620 shares in the last quarter. Finally, Great West Life Assurance Co. Can increased its position in Healthcare Realty Trust by 2.9% in the first quarter. Great West Life Assurance Co. Can now owns 124,643 shares of the real estate investment trust’s stock worth $4,049,000 after buying an additional 3,497 shares in the last quarter. Institutional investors and hedge funds own 96.04% of the company’s stock.

Shares of Healthcare Realty Trust Incorporated (NYSE HR) traded down 0.45% during midday trading on Tuesday, reaching $32.83. 535,088 shares of the company’s stock traded hands. Healthcare Realty Trust Incorporated has a 12 month low of $26.66 and a 12 month high of $36.38. The firm has a market cap of $3.83 billion, a PE ratio of 31.57 and a beta of 0.29. The stock has a 50-day moving average price of $33.91 and a 200 day moving average price of $32.58.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by $0.01. The business had revenue of $105.20 million during the quarter, compared to analysts’ expectations of $105.67 million. Healthcare Realty Trust had a return on equity of 7.38% and a net margin of 28.98%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.42 EPS. Equities research analysts predict that Healthcare Realty Trust Incorporated will post $0.66 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Friday, August 11th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date of this dividend is Wednesday, August 9th. Healthcare Realty Trust’s payout ratio is 114.29%.

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A number of equities analysts have recently commented on the stock. Mizuho restated a “neutral” rating on shares of Healthcare Realty Trust in a research note on Wednesday, June 28th. Zacks Investment Research upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Friday, June 16th. Jefferies Group LLC downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and set a $36.00 price objective for the company. in a research note on Thursday, June 15th. They noted that the move was a valuation call. BidaskClub upgraded shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, June 14th. Finally, Cantor Fitzgerald raised their target price on shares of Healthcare Realty Trust from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, June 12th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $34.80.

In other Healthcare Realty Trust news, insider John M. Bryant, Jr. sold 20,385 shares of Healthcare Realty Trust stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $32.27, for a total transaction of $657,823.95. Following the transaction, the insider now owns 162,241 shares of the company’s stock, valued at $5,235,517.07. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robert E. Hull sold 1,744 shares of Healthcare Realty Trust stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $32.45, for a total transaction of $56,592.80. Following the transaction, the executive vice president now directly owns 58,174 shares in the company, valued at approximately $1,887,746.30. The disclosure for this sale can be found here. In the last three months, insiders sold 29,129 shares of company stock worth $948,987. 1.85% of the stock is currently owned by insiders.

About Healthcare Realty Trust

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.

Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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