Ieq Capital LLC Purchases Shares of 38,899 Healthcare Realty Trust Incorporated (NYSE:HR)

Ieq Capital LLC acquired a new position in Healthcare Realty Trust Incorporated (NYSE:HR) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 38,899 shares of the real estate investment trust’s stock, valued at approximately $659,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pacer Advisors Inc. boosted its position in Healthcare Realty Trust by 1.1% during the 4th quarter. Pacer Advisors Inc. now owns 70,776 shares of the real estate investment trust’s stock worth $1,200,000 after purchasing an additional 786 shares during the period. Park Avenue Securities LLC boosted its position in shares of Healthcare Realty Trust by 4.1% in the fourth quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust’s stock worth $342,000 after buying an additional 793 shares during the period. Consolidated Portfolio Review Corp grew its stake in shares of Healthcare Realty Trust by 1.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 55,333 shares of the real estate investment trust’s stock valued at $938,000 after buying an additional 808 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 925 shares during the period. Finally, Private Advisor Group LLC lifted its position in Healthcare Realty Trust by 3.6% during the 3rd quarter. Private Advisor Group LLC now owns 30,358 shares of the real estate investment trust’s stock worth $551,000 after acquiring an additional 1,062 shares in the last quarter.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Wedbush reaffirmed an “outperform” rating and issued a $16.00 price objective on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday, December 20th. Scotiabank cut their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a report on Tuesday. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their target price for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Finally, StockNews.com raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $17.20.

Insider Activity

In other Healthcare Realty Trust news, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of Healthcare Realty Trust stock in a transaction dated Friday, December 13th. The shares were bought at an average cost of $17.21 per share, for a total transaction of $172,100.00. Following the transaction, the director now owns 26,576 shares in the company, valued at $457,372.96. This represents a 60.33 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Price Performance

HR opened at $16.89 on Wednesday. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The stock has a market capitalization of $5.98 billion, a PE ratio of -9.49 and a beta of 0.94. The firm’s fifty day moving average price is $16.63 and its 200 day moving average price is $17.38.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. The business had revenue of $309.77 million for the quarter, compared to analyst estimates of $303.81 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The company’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.39 EPS. On average, equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be given a $0.31 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.24 annualized dividend and a dividend yield of 7.34%. Healthcare Realty Trust’s payout ratio is -69.66%.

Healthcare Realty Trust Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.