Healthcare Realty Trust Incorporated (NYSE:HR) Position Lessened by Aew Capital Management L P

Aew Capital Management L P trimmed its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 95.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,710 shares of the real estate investment trust’s stock after selling 1,849,000 shares during the period. Aew Capital Management L P’s holdings in Healthcare Realty Trust were worth $1,649,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Daiwa Securities Group Inc. raised its holdings in shares of Healthcare Realty Trust by 4.1% during the third quarter. Daiwa Securities Group Inc. now owns 14,405,624 shares of the real estate investment trust’s stock worth $219,974,000 after acquiring an additional 567,206 shares in the last quarter. Nuance Investments LLC increased its position in Healthcare Realty Trust by 0.7% during the third quarter. Nuance Investments LLC now owns 11,593,009 shares of the real estate investment trust’s stock worth $177,025,000 after buying an additional 81,427 shares during the last quarter. Rush Island Management LP increased its position in Healthcare Realty Trust by 43.7% during the third quarter. Rush Island Management LP now owns 11,010,401 shares of the real estate investment trust’s stock worth $168,129,000 after buying an additional 3,350,506 shares during the last quarter. Canada Pension Plan Investment Board increased its position in Healthcare Realty Trust by 23.8% during the third quarter. Canada Pension Plan Investment Board now owns 7,084,221 shares of the real estate investment trust’s stock worth $108,176,000 after buying an additional 1,360,105 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Healthcare Realty Trust by 0.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 4,986,528 shares of the real estate investment trust’s stock worth $76,144,000 after buying an additional 46,546 shares during the last quarter.

Healthcare Realty Trust Stock Up 0.8 %

HR traded up $0.11 during midday trading on Friday, reaching $14.14. 3,602,246 shares of the company’s stock were exchanged, compared to its average volume of 3,232,147. The firm has a market capitalization of $5.39 billion, a price-to-earnings ratio of -19.11 and a beta of 0.79. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $20.32. The business has a 50-day simple moving average of $13.77 and a two-hundred day simple moving average of $15.07.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Friday, February 16th. The real estate investment trust reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $330.40 million during the quarter, compared to the consensus estimate of $334.32 million. During the same quarter last year, the firm posted $0.42 EPS. The business’s revenue was down 2.2% on a year-over-year basis. As a group, research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Monday, February 26th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 8.77%. The ex-dividend date of this dividend was Friday, February 23rd. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -167.57%.

Wall Street Analysts Forecast Growth

Several research firms have commented on HR. Stifel Nicolaus downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their target price for the stock from $19.00 to $15.00 in a research report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft initiated coverage on Healthcare Realty Trust in a research report on Tuesday, January 30th. They issued a “hold” rating and a $18.00 price target on the stock. Wedbush downgraded Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $19.00 to $15.00 in a research report on Tuesday, February 20th. Wells Fargo & Company lowered their price target on Healthcare Realty Trust from $18.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 10th. Finally, JPMorgan Chase & Co. lowered their price target on Healthcare Realty Trust from $19.00 to $17.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 6th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $17.20.

Healthcare Realty Trust Profile

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.