Triumph Capital Management Acquires 3,238 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Triumph Capital Management grew its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 23.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,230 shares of the real estate investment trust’s stock after acquiring an additional 3,238 shares during the period. Triumph Capital Management’s holdings in Healthcare Realty Trust were worth $292,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its holdings in Healthcare Realty Trust by 59.0% in 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 in the last quarter. Blue Trust Inc. raised its holdings in shares of Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 925 shares in the last quarter. Synergy Investment Management LLC purchased a new stake in shares of Healthcare Realty Trust during the 4th quarter worth approximately $36,000. Jones Financial Companies Lllp boosted its position in shares of Healthcare Realty Trust by 68.7% during the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock valued at $52,000 after acquiring an additional 1,249 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Healthcare Realty Trust in the third quarter valued at $78,000.

Analyst Ratings Changes

HR has been the subject of several research reports. StockNews.com upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Wednesday. Wells Fargo & Company lowered their price target on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a report on Monday, March 10th. Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wedbush raised Healthcare Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, April 7th. Finally, Scotiabank cut their target price on 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. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $17.00.

Healthcare Realty Trust Price Performance

NYSE:HR opened at $15.50 on Thursday. Healthcare Realty Trust Incorporated has a 1-year low of $14.13 and a 1-year high of $18.90. The company has a 50-day moving average of $16.25 and a 200 day moving average of $16.87. The firm has a market cap of $5.44 billion, a PE ratio of -8.71 and a beta of 0.85.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data 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. The firm had revenue of $309.77 million during the quarter, compared to analysts’ expectations of $303.81 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. During the same period in the prior year, the business posted $0.39 EPS. The firm’s quarterly revenue was down 6.3% on a year-over-year basis. Sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 8.00%. Healthcare Realty Trust’s dividend payout ratio (DPR) 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.