Nomura Asset Management Co. Ltd. Has $8.19 Million Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Nomura Asset Management Co. Ltd. increased its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 482,970 shares of the real estate investment trust’s stock after purchasing an additional 10,300 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.14% of Healthcare Realty Trust worth $8,186,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HR. Norges Bank purchased a new position in shares of Healthcare Realty Trust during the 4th quarter valued at $76,825,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Healthcare Realty Trust by 358.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust’s stock valued at $38,879,000 after purchasing an additional 1,674,583 shares in the last quarter. Candriam S.C.A. increased its position in Healthcare Realty Trust by 201.4% in the 4th quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust’s stock worth $29,318,000 after purchasing an additional 1,155,745 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Healthcare Realty Trust by 289.5% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust’s stock worth $26,308,000 after purchasing an additional 1,153,657 shares in the last quarter. Finally, Aew Capital Management L P lifted its holdings in shares of Healthcare Realty Trust by 1,582.3% during the 4th quarter. Aew Capital Management L P now owns 920,560 shares of the real estate investment trust’s stock valued at $15,603,000 after buying an additional 865,840 shares during the last quarter.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock opened at $16.92 on Tuesday. Healthcare Realty Trust Incorporated has a fifty-two week low of $13.64 and a fifty-two week high of $18.90. The firm has a fifty day moving average price of $16.67 and a two-hundred day moving average price of $17.20. The firm has a market cap of $5.93 billion, a price-to-earnings ratio of -9.50 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.01. The business had revenue of $309.77 million during the quarter, compared to analysts’ expectations of $303.81 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The firm’s revenue was down 6.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 EPS. As a group, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 7.33%. The ex-dividend date of this dividend was Monday, March 3rd. Healthcare Realty Trust’s payout ratio is currently -69.66%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on HR shares. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. StockNews.com downgraded shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, March 27th. Scotiabank decreased their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Wedbush restated an “outperform” rating and set a $16.00 target price on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Finally, Wells Fargo & Company decreased their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research note on Monday, March 10th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $17.00.

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.