Metropolitan Life Insurance Co NY lifted its position in Healthcare Realty Trust Inc (NYSE:HR) by 1.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 80,307 shares of the real estate investment trust’s stock after acquiring an additional 902 shares during the quarter. Metropolitan Life Insurance Co NY’s holdings in Healthcare Realty Trust were worth $2,690,000 as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of HR. 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 lifted 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 buying an additional 400 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted 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 buying an additional 1,020 shares in the last quarter. Providence Capital Advisors LLC lifted 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 buying an additional 1,024 shares in the last quarter. Finally, Dupont Capital Management Corp boosted its stake 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 buying an additional 1,124 shares during the period. Institutional investors and hedge funds own 93.23% of the company’s stock.
Several equities analysts have recently commented on the stock. Berenberg Bank initiated coverage on shares of Healthcare Realty Trust in a report on Thursday, September 12th. They set a “buy” rating on the stock. Stifel Nicolaus upgraded Healthcare Realty Trust from a “hold” rating to a “buy” rating and increased their price objective for the stock from $33.00 to $35.00 in a report on Tuesday, November 26th. Morgan Stanley lifted their price objective on Healthcare Realty Trust from $31.00 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 17th. 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. Finally, Zacks Investment Research raised Healthcare Realty Trust from a “hold” rating to a “buy” rating and set a $36.00 target price on the stock in a research report on Tuesday, November 26th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $33.83.
Shares of HR opened at $32.77 on Tuesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.16 and a current ratio of 0.16. The firm has a market cap of $4.44 billion, a PE ratio of 20.87, a PEG ratio of 9.42 and a beta of 0.27. The firm’s 50 day moving average price is $33.22 and its 200 day moving average price is $32.80. Healthcare Realty Trust Inc has a twelve month low of $27.08 and a twelve month high of $34.89.
Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Monday, November 4th. The real estate investment trust reported $0.02 EPS for the quarter, missing the Thomson Reuters’ consensus estimate 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 during the quarter, compared to the consensus estimate of $117.93 million. During the same period in the prior year, the firm earned $0.39 earnings per share. The business’s revenue was up 5.6% on a year-over-year basis. On average, sell-side analysts anticipate that Healthcare Realty Trust Inc will post 1.6 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 14th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.66%. The ex-dividend date was Wednesday, November 13th. Healthcare Realty Trust’s payout ratio is presently 76.43%.
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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