Daiwa Securities Group Inc. Buys 9,600 Shares of Healthcare Realty Trust Inc (NYSE:HR)

Daiwa Securities Group Inc. increased its stake in Healthcare Realty Trust Inc (NYSE:HR) by 43.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 31,800 shares of the real estate investment trust’s stock after acquiring an additional 9,600 shares during the period. Daiwa Securities Group Inc.’s holdings in Healthcare Realty Trust were worth $1,065,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Municipal Employees Retirement System of Michigan raised its position in Healthcare Realty Trust by 1.5% in the 2nd 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 during the last quarter. Virginia Retirement Systems ET AL raised its position in Healthcare Realty Trust by 1.2% in the 3rd quarter. Virginia Retirement Systems ET AL now owns 33,200 shares of the real estate investment trust’s stock worth $1,112,000 after purchasing an additional 400 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its position in Healthcare Realty Trust by 4.7% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 22,505 shares of the real estate investment trust’s stock worth $705,000 after purchasing an additional 1,020 shares during the last quarter. Providence Capital Advisors LLC raised its position in Healthcare Realty Trust by 2.6% in the 2nd quarter. Providence Capital Advisors LLC now owns 40,685 shares of the real estate investment trust’s stock worth $1,274,000 after purchasing an additional 1,024 shares during the last quarter. Finally, Dupont Capital Management Corp raised its position in Healthcare Realty Trust by 10.2% in the 3rd quarter. Dupont Capital Management Corp now owns 12,106 shares of the real estate investment trust’s stock worth $406,000 after purchasing an additional 1,124 shares during the last quarter. Hedge funds and other institutional investors own 96.66% of the company’s stock.

HR opened at $32.06 on Tuesday. The company has a fifty day moving average price of $33.67 and a two-hundred day moving average price of $32.62. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.16 and a current ratio of 0.16. Healthcare Realty Trust Inc has a 52 week low of $27.08 and a 52 week high of $34.89. The firm has a market capitalization of $4.30 billion, a PE ratio of 20.42, a P/E/G ratio of 9.16 and a beta of 0.29.

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

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 14th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date is Wednesday, November 13th. Healthcare Realty Trust’s dividend payout ratio is presently 76.43%.

Several research analysts recently weighed in on the stock. Berenberg Bank assumed coverage on shares of Healthcare Realty Trust in a research report on Thursday, September 12th. They issued a “buy” rating for the company. Capital One Financial restated an “equal weight” rating on shares of Healthcare Realty Trust in a research report on Thursday, August 1st. BMO Capital Markets restated a “hold” rating and issued a $31.00 price objective on shares of Healthcare Realty Trust in a research report on Wednesday, November 6th. Morgan Stanley boosted their price objective on shares of 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, Zacks Investment Research raised shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating and set a $36.00 target price for the company in a report on Tuesday. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $33.33.

Healthcare Realty Trust 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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