AQR Capital Management LLC Raises Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

AQR Capital Management LLC lifted its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 49.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 681,618 shares of the real estate investment trust’s stock after purchasing an additional 224,579 shares during the period. AQR Capital Management LLC owned 0.19% of Healthcare Realty Trust worth $11,458,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Bank of New York Mellon Corp lifted its holdings in Healthcare Realty Trust by 12.0% in the fourth quarter. Bank of New York Mellon Corp now owns 4,630,973 shares of the real estate investment trust’s stock worth $78,495,000 after buying an additional 495,599 shares during the period. Norges Bank purchased a new position in shares of Healthcare Realty Trust in the 4th quarter valued at approximately $76,825,000. Northern Trust Corp boosted its position in shares of Healthcare Realty Trust by 40.3% during the fourth quarter. Northern Trust Corp now owns 4,040,969 shares of the real estate investment trust’s stock valued at $68,494,000 after purchasing an additional 1,159,763 shares in the last quarter. Sei Investments Co. grew its stake in Healthcare Realty Trust by 17.4% in the fourth quarter. Sei Investments Co. now owns 2,849,743 shares of the real estate investment trust’s stock worth $48,303,000 after purchasing an additional 422,940 shares during the period. Finally, Russell Investments Group Ltd. raised its holdings in Healthcare Realty Trust by 22.4% in the fourth quarter. Russell Investments Group Ltd. now owns 2,772,522 shares of the real estate investment trust’s stock worth $46,993,000 after purchasing an additional 508,045 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HR. StockNews.com upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Wednesday, April 30th. Wells Fargo & Company cut 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 report on Monday, March 10th. Wedbush lowered their target price on shares of Healthcare Realty Trust from $18.00 to $16.00 and set a “neutral” rating for the company in a report on Monday. Finally, Scotiabank cut their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Stock Down 1.0 %

NYSE:HR opened at $15.06 on Tuesday. Healthcare Realty Trust Incorporated has a 52 week low of $14.53 and a 52 week high of $18.90. The stock has a market cap of $5.28 billion, a price-to-earnings ratio of -8.46 and a beta of 0.92. The company’s 50 day moving average price is $16.16 and its 200-day moving average price is $16.80.

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

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 12th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 8.23%. The ex-dividend date is Monday, May 12th. Healthcare Realty Trust’s dividend payout ratio is currently -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.