20,534 Shares in Healthcare Realty Trust Incorporated (NYSE:HR) Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC bought a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,534 shares of the real estate investment trust’s stock, valued at approximately $354,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of Healthcare Realty Trust by 0.9% in the 1st quarter. BlackRock Inc. now owns 45,751,993 shares of the real estate investment trust’s stock valued at $884,386,000 after buying an additional 425,269 shares in the last quarter. State Street Corp lifted its stake in Healthcare Realty Trust by 0.5% in the first quarter. State Street Corp now owns 22,728,519 shares of the real estate investment trust’s stock valued at $439,342,000 after acquiring an additional 109,568 shares during the last quarter. Vanguard Group Inc. grew its position in Healthcare Realty Trust by 2.7% in the first quarter. Vanguard Group Inc. now owns 22,207,069 shares of the real estate investment trust’s stock worth $610,251,000 after acquiring an additional 585,270 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Healthcare Realty Trust by 4.1% during the 3rd quarter. Daiwa Securities Group Inc. now owns 14,405,624 shares of the real estate investment trust’s stock worth $219,974,000 after purchasing an additional 567,206 shares during the last quarter. Finally, Nuance Investments LLC raised its holdings in shares of Healthcare Realty Trust by 0.7% during the 3rd quarter. Nuance Investments LLC now owns 11,593,009 shares of the real estate investment trust’s stock valued at $177,025,000 after purchasing an additional 81,427 shares in the last quarter.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on HR shares. Wells Fargo & Company decreased their price objective on shares of Healthcare Realty Trust from $18.00 to $15.00 and set an “equal weight” rating for the company in a report on Wednesday, April 10th. Stifel Nicolaus lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their price objective for the company from $19.00 to $15.00 in a report on Tuesday, February 20th. JPMorgan Chase & Co. reduced their target price on Healthcare Realty Trust from $19.00 to $17.00 and set an “overweight” rating for the company in a report on Wednesday, March 6th. Deutsche Bank Aktiengesellschaft began coverage on Healthcare Realty Trust in a report on Tuesday, January 30th. They set a “hold” rating and a $18.00 price target on the stock. Finally, Wedbush cut shares of Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $19.00 to $15.00 in a research note on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $17.20.

Healthcare Realty Trust Trading Up 0.5 %

Shares of HR stock opened at $13.81 on Friday. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $20.32. The firm’s fifty day simple moving average is $13.89 and its 200 day simple moving average is $15.09. The firm has a market capitalization of $5.26 billion, a P/E ratio of -18.66 and a beta of 0.79.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Friday, February 16th. The real estate investment trust reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.51). Healthcare Realty Trust had a negative return on equity of 3.87% and a negative net margin of 20.71%. The company had revenue of $330.40 million for the quarter, compared to the consensus estimate of $334.32 million. During the same quarter in the previous year, the firm posted $0.42 EPS. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year. Equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Monday, February 26th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.98%. The ex-dividend date of this dividend was Friday, February 23rd. Healthcare Realty Trust’s dividend payout ratio is presently -167.57%.

Healthcare Realty Trust Profile

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.