Healthcare Realty Trust Incorporated (NYSE:HR) Shares Acquired by New York State Teachers Retirement System

New York State Teachers Retirement System grew its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 257,733 shares of the real estate investment trust’s stock after purchasing an additional 3,751 shares during the quarter. New York State Teachers Retirement System owned approximately 0.07% of Healthcare Realty Trust worth $4,441,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HR. Advisor Group Holdings Inc. boosted its position in Healthcare Realty Trust by 20.7% during the first quarter. Advisor Group Holdings Inc. now owns 9,544 shares of the real estate investment trust’s stock worth $263,000 after acquiring an additional 1,640 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Healthcare Realty Trust by 161.4% during the first quarter. PNC Financial Services Group Inc. now owns 20,705 shares of the real estate investment trust’s stock worth $569,000 after acquiring an additional 12,783 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Healthcare Realty Trust by 10.5% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 54,073 shares of the real estate investment trust’s stock worth $1,486,000 after acquiring an additional 5,156 shares during the last quarter. Great West Life Assurance Co. Can raised its stake in Healthcare Realty Trust by 5.6% during the first quarter. Great West Life Assurance Co. Can now owns 202,034 shares of the real estate investment trust’s stock worth $5,738,000 after purchasing an additional 10,717 shares during the period. Finally, Raymond James Trust N.A. purchased a new position in Healthcare Realty Trust during the first quarter worth about $229,000.

Wall Street Analysts Forecast Growth

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

Healthcare Realty Trust Stock Down 0.6 %

NYSE HR opened at $14.11 on Friday. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $20.32. The stock has a market capitalization of $5.38 billion, a PE ratio of -19.07 and a beta of 0.79. The firm has a 50 day moving average of $14.04 and a two-hundred day moving average of $15.13.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results 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 net margin of 20.71% and a negative return on equity of 3.87%. The company had revenue of $330.40 million during the quarter, compared to analyst estimates of $334.32 million. During the same quarter in the previous year, the company posted $0.42 EPS. The company’s quarterly revenue was down 2.2% on a year-over-year basis. On average, equities research analysts expect that Healthcare Realty Trust Incorporated will post 1.56 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Monday, February 26th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 8.79%. The ex-dividend date was Friday, February 23rd. Healthcare Realty Trust’s payout ratio is -167.57%.

About Healthcare Realty Trust

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.