Crestline Management LP lifted its position in Healthcare Realty Trust Inc (NYSE:HR) by 71.7% in the 4th quarter, Holdings Channel reports. The fund owned 99,709 shares of the real estate investment trust’s stock after acquiring an additional 41,653 shares during the period. Crestline Management LP’s holdings in Healthcare Realty Trust were worth $2,836,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in HR. Ffcm LLC lifted its holdings in Healthcare Realty Trust by 150.6% during the 4th quarter. Ffcm LLC now owns 4,712 shares of the real estate investment trust’s stock valued at $134,000 after buying an additional 2,832 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Healthcare Realty Trust by 272.9% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,784 shares of the real estate investment trust’s stock valued at $169,000 after buying an additional 4,233 shares in the last quarter. Gateway Investment Advisers LLC lifted its holdings in Healthcare Realty Trust by 4.4% during the 4th quarter. Gateway Investment Advisers LLC now owns 349,993 shares of the real estate investment trust’s stock valued at $9,954,000 after buying an additional 14,793 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Healthcare Realty Trust by 14.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 701,044 shares of the real estate investment trust’s stock valued at $20,513,000 after buying an additional 90,925 shares in the last quarter. Finally, Retirement Systems of Alabama lifted its holdings in Healthcare Realty Trust by 101.7% during the 4th quarter. Retirement Systems of Alabama now owns 326,477 shares of the real estate investment trust’s stock valued at $9,285,000 after buying an additional 164,639 shares in the last quarter. Hedge funds and other institutional investors own 96.70% of the company’s stock.
In other news, EVP Robert E. Hull sold 4,600 shares of the business’s stock in a transaction dated Friday, December 21st. The shares were sold at an average price of $29.67, for a total value of $136,482.00. Following the completion of the sale, the executive vice president now owns 102,583 shares in the company, valued at approximately $3,043,637.61. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 1.79% of the company’s stock.
Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, February 13th. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.27). Healthcare Realty Trust had a net margin of 15.49% and a return on equity of 3.99%. The business had revenue of $113.17 million during the quarter, compared to the consensus estimate of $114.17 million. During the same quarter in the prior year, the firm posted $0.38 EPS. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Research analysts forecast that Healthcare Realty Trust Inc will post 1.63 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Friday, February 22nd were issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, February 21st. This represents a $1.20 annualized dividend and a dividend yield of 3.74%. Healthcare Realty Trust’s dividend payout ratio is currently 76.43%.
A number of equities research analysts recently weighed in on HR shares. Zacks Investment Research lowered shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, November 20th. ValuEngine lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Raymond James upgraded shares of Healthcare Realty Trust from an “underperform” rating to a “market perform” rating in a report on Tuesday, January 8th. Finally, TheStreet upgraded shares of Healthcare Realty Trust from a “c” rating to a “b-” rating in a report on Thursday, February 14th. Seven research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Healthcare Realty Trust has a consensus rating of “Hold” and a consensus target price of $29.80.
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Healthcare Realty Trust Company 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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