Comerica Bank lifted its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 6.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,622 shares of the real estate investment trust’s stock after buying an additional 5,710 shares during the period. Comerica Bank owned approximately 0.08% of Healthcare Realty Trust worth $3,092,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of HR. Russell Investments Group Ltd. raised its stake in Healthcare Realty Trust by 100.8% during the second quarter. Russell Investments Group Ltd. now owns 1,041,967 shares of the real estate investment trust’s stock valued at $35,559,000 after buying an additional 522,959 shares in the last quarter. FMR LLC raised its stake in Healthcare Realty Trust by 6.4% during the second quarter. FMR LLC now owns 7,274,016 shares of the real estate investment trust’s stock valued at $248,408,000 after buying an additional 434,895 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in shares of Healthcare Realty Trust during the 2nd quarter worth approximately $12,297,000. Northern Trust Corp raised its position in shares of Healthcare Realty Trust by 8.6% during the 2nd quarter. Northern Trust Corp now owns 3,367,432 shares of the real estate investment trust’s stock worth $114,997,000 after purchasing an additional 266,749 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of Healthcare Realty Trust by 67.5% during the 2nd quarter. Goldman Sachs Group Inc. now owns 661,865 shares of the real estate investment trust’s stock worth $22,602,000 after purchasing an additional 266,676 shares during the period. 95.75% of the stock is owned by institutional investors.
A number of equities analysts recently issued reports on HR shares. Zacks Investment Research lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday, September 13th. KeyCorp reissued a “sell” rating and set a $25.00 price objective on shares of Healthcare Realty Trust in a research note on Thursday, August 24th. Cantor Fitzgerald reissued a “buy” rating on shares of Healthcare Realty Trust in a research note on Wednesday, August 23rd. Mizuho restated a “hold” rating and issued a $34.00 target price on shares of Healthcare Realty Trust in a report on Sunday, November 5th. Finally, TheStreet lowered Healthcare Realty Trust from a “b” rating to a “c+” rating in a report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. Healthcare Realty Trust currently has an average rating of “Hold” and a consensus target price of $33.29.
In other Healthcare Realty Trust news, Director John Knox Singleton purchased 3,074 shares of the business’s stock in a transaction on Friday, November 10th. The stock was purchased at an average price of $32.55 per share, for a total transaction of $100,058.70. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.85% of the stock is owned by company insiders.
Healthcare Realty Trust Incorporated (NYSE HR) traded down $0.41 during trading on Thursday, reaching $32.40. 564,700 shares of the company’s stock traded hands, compared to its average volume of 724,984. The firm has a market capitalization of $4,097.65, a P/E ratio of 20.90, a price-to-earnings-growth ratio of 5.24 and a beta of 0.32. Healthcare Realty Trust Incorporated has a 52-week low of $28.63 and a 52-week high of $36.25. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.82 and a quick ratio of 2.82.
Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.01). Healthcare Realty Trust had a net margin of 26.70% and a return on equity of 6.62%. The business had revenue of $106.95 million during the quarter, compared to analyst estimates of $108.97 million. During the same period in the prior year, the business posted $0.39 earnings per share. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year. equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.57 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Thursday, November 16th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.70%. The ex-dividend date was Wednesday, November 15th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently 123.71%.
Healthcare Realty Trust Company Profile
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.
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