Healthcare Realty Trust Inc (NYSE:HR) Stock Position Raised by State Street Corp

State Street Corp increased its position in Healthcare Realty Trust Inc (NYSE:HR) by 0.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 7,810,526 shares of the real estate investment trust’s stock after purchasing an additional 35,384 shares during the period. State Street Corp owned about 5.84% of Healthcare Realty Trust worth $261,653,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Municipal Employees Retirement System of Michigan lifted its position in shares of Healthcare Realty Trust by 1.5% in the second quarter. Municipal Employees Retirement System of Michigan now owns 23,170 shares of the real estate investment trust’s stock worth $726,000 after purchasing an additional 340 shares in the last quarter. Virginia Retirement Systems ET AL boosted its stake in shares of Healthcare Realty Trust by 1.2% during the 3rd quarter. Virginia Retirement Systems ET AL now owns 33,200 shares of the real estate investment trust’s stock valued at $1,112,000 after buying an additional 400 shares during the period. Los Angeles Capital Management & Equity Research Inc. boosted its stake in shares of Healthcare Realty Trust by 4.7% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 22,505 shares of the real estate investment trust’s stock valued at $705,000 after buying an additional 1,020 shares during the period. Providence Capital Advisors LLC boosted its stake in shares of Healthcare Realty Trust by 2.6% during the 2nd quarter. Providence Capital Advisors LLC now owns 40,685 shares of the real estate investment trust’s stock valued at $1,274,000 after buying an additional 1,024 shares during the period. Finally, Dupont Capital Management Corp grew its holdings in shares of Healthcare Realty Trust by 10.2% during the 3rd quarter. Dupont Capital Management Corp now owns 12,106 shares of the real estate investment trust’s stock valued at $406,000 after acquiring an additional 1,124 shares in the last quarter. Hedge funds and other institutional investors own 93.23% of the company’s stock.

HR stock opened at $33.12 on Wednesday. The firm has a 50 day moving average of $33.21 and a two-hundred day moving average of $32.81. Healthcare Realty Trust Inc has a 12 month low of $27.08 and a 12 month high of $34.89. The company has a market capitalization of $4.44 billion, a price-to-earnings ratio of 21.10, a P/E/G ratio of 9.42 and a beta of 0.27. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.80.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.37). Healthcare Realty Trust had a net margin of 6.12% and a return on equity of 1.59%. The business had revenue of $119.80 million for the quarter, compared to the consensus estimate of $117.93 million. During the same quarter in the prior year, the business posted $0.39 EPS. The firm’s revenue for the quarter was up 5.6% compared to the same quarter last year. On average, research analysts expect that Healthcare Realty Trust Inc will post 1.6 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Thursday, November 14th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.62%. The ex-dividend date was Wednesday, November 13th. Healthcare Realty Trust’s payout ratio is 76.43%.

HR has been the subject of several recent research reports. Berenberg Bank assumed coverage on Healthcare Realty Trust in a report on Thursday, September 12th. They set a “buy” rating for the company. Zacks Investment Research raised Healthcare Realty Trust from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a research report on Tuesday, November 26th. BMO Capital Markets restated a “hold” rating and issued a $31.00 target price on shares of Healthcare Realty Trust in a research note on Wednesday, November 6th. Morgan Stanley upped their target price on Healthcare Realty Trust from $31.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Tuesday, September 17th. Finally, Stifel Nicolaus raised Healthcare Realty Trust from a “hold” rating to a “buy” rating and raised their price target for the stock from $33.00 to $35.00 in a research note on Tuesday, November 26th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $33.83.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion.

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

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