South Dakota Investment Council Raises Position in Healthcare Realty Trust Incorporated (NYSE:HR)

South Dakota Investment Council grew its position in Healthcare Realty Trust Incorporated (NYSE:HRGet Rating) by 37.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 69,683 shares of the real estate investment trust’s stock after buying an additional 19,100 shares during the period. South Dakota Investment Council’s holdings in Healthcare Realty Trust were worth $2,205,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of HR. Marshall Wace North America L.P. purchased a new position in Healthcare Realty Trust in the first quarter worth about $39,000. Morgan Stanley raised its holdings in shares of Healthcare Realty Trust by 91.8% during the second quarter. Morgan Stanley now owns 510,498 shares of the real estate investment trust’s stock valued at $15,416,000 after purchasing an additional 244,343 shares during the last quarter. State of New Jersey Common Pension Fund D raised its holdings in shares of Healthcare Realty Trust by 6.2% during the third quarter. State of New Jersey Common Pension Fund D now owns 88,084 shares of the real estate investment trust’s stock valued at $2,623,000 after purchasing an additional 5,124 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Healthcare Realty Trust by 27.5% during the third quarter. Commonwealth Equity Services LLC now owns 11,978 shares of the real estate investment trust’s stock valued at $356,000 after purchasing an additional 2,582 shares during the last quarter. Finally, Raymond James & Associates raised its holdings in shares of Healthcare Realty Trust by 31.3% during the third quarter. Raymond James & Associates now owns 449,944 shares of the real estate investment trust’s stock valued at $13,399,000 after purchasing an additional 107,284 shares during the last quarter. 97.99% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently weighed in on HR. Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday, April 19th. StockNews.com started coverage on shares of Healthcare Realty Trust in a report on Thursday, March 31st. They set a “sell” rating for the company. Credit Suisse Group started coverage on shares of Healthcare Realty Trust in a report on Tuesday, February 1st. They set an “outperform” rating for the company. Barclays started coverage on shares of Healthcare Realty Trust in a report on Tuesday. They set an “overweight” rating and a $33.00 target price for the company. Finally, BMO Capital Markets cut shares of Healthcare Realty Trust from an “outperform” rating to a “market perform” rating and set a $34.00 target price for the company. in a report on Friday, January 7th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $33.75.

Shares of NYSE:HR traded down $0.58 during midday trading on Friday, reaching $27.08. 3,720,581 shares of the company were exchanged, compared to its average volume of 3,009,436. The company has a current ratio of 0.15, a quick ratio of 0.15 and a debt-to-equity ratio of 0.83. The business’s fifty day moving average is $27.70 and its two-hundred day moving average is $30.28. Healthcare Realty Trust Incorporated has a one year low of $25.60 and a one year high of $33.77. The stock has a market cap of $4.09 billion, a PE ratio of 60.18 and a beta of 0.64.

Healthcare Realty Trust (NYSE:HRGet Rating) last released its quarterly earnings data on Monday, February 21st. The real estate investment trust reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.05. Healthcare Realty Trust had a net margin of 12.46% and a return on equity of 3.18%. The business had revenue of $136.42 million during the quarter, compared to analyst estimates of $137.64 million. During the same quarter last year, the business earned $0.42 earnings per share. Healthcare Realty Trust’s quarterly revenue was up 8.4% compared to the same quarter last year. As a group, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.78 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 15th. Stockholders of record on Monday, February 28th were paid a $0.31 dividend. The ex-dividend date was Friday, February 25th. This represents a $1.24 annualized dividend and a dividend yield of 4.58%. This is an increase from Healthcare Realty Trust’s previous quarterly dividend of $0.30. Healthcare Realty Trust’s dividend payout ratio is currently 275.56%.

Healthcare Realty Trust Company Profile (Get Rating)

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 September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion.

See Also

Want to see what other hedge funds are holding HR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Realty Trust Incorporated (NYSE:HRGet Rating).

Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

Receive News & Ratings for Healthcare Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.