Healthcare Realty Trust Inc (HR) Position Lowered by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its position in shares of Healthcare Realty Trust Inc (NYSE:HR) by 6.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,475,294 shares of the real estate investment trust’s stock after selling 177,634 shares during the period. Bank of New York Mellon Corp owned about 2.13% of Healthcare Realty Trust worth $80,447,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Raymond James Financial Services Advisors Inc. raised its stake in shares of Healthcare Realty Trust by 1.3% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 8,486 shares of the real estate investment trust’s stock worth $257,000 after buying an additional 107 shares in the last quarter. Capstone Asset Management Co. raised its stake in shares of Healthcare Realty Trust by 3.8% in the first quarter. Capstone Asset Management Co. now owns 10,416 shares of the real estate investment trust’s stock worth $339,000 after buying an additional 380 shares in the last quarter. US Bancorp DE raised its stake in shares of Healthcare Realty Trust by 1.3% in the first quarter. US Bancorp DE now owns 33,559 shares of the real estate investment trust’s stock worth $1,091,000 after buying an additional 425 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Healthcare Realty Trust by 8.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,405 shares of the real estate investment trust’s stock worth $218,000 after buying an additional 478 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake in shares of Healthcare Realty Trust by 1.5% in the first quarter. Oregon Public Employees Retirement Fund now owns 40,672 shares of the real estate investment trust’s stock worth $1,322,000 after buying an additional 600 shares in the last quarter.

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

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by $0.01. The firm had revenue of $104.57 million for the quarter, compared to analyst estimates of $106.03 million. Healthcare Realty Trust had a return on equity of 3.81% and a net margin of 12.79%. During the same period last year, the firm earned $0.41 EPS.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Tuesday, May 16th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend is Friday, May 12th. Healthcare Realty Trust’s dividend payout ratio (DPR) is 240.00%.

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A number of analysts have recently issued reports on the stock. Jefferies Group LLC reissued a “buy” rating and set a $36.00 target price on shares of Healthcare Realty Trust in a research note on Friday, May 12th. Stifel Nicolaus lowered their price objective on shares of Healthcare Realty Trust from $34.00 to $33.00 and set a “buy” rating for the company in a research note on Tuesday, May 9th. Zacks Investment Research lowered shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, April 18th. BMO Capital Markets raised shares of Healthcare Realty Trust from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $31.00 to $33.00 in a research note on Wednesday, March 15th. Finally, Cantor Fitzgerald raised shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, January 31st. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Healthcare Realty Trust has an average rating of “Hold” and an average target price of $33.33.

In other news, insider John M. Bryant, Jr. sold 20,385 shares of the business’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $32.27, for a total value of $657,823.95. Following the transaction, the insider now owns 162,241 shares of the company’s stock, valued at $5,235,517.07. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Robert E. Hull sold 1,744 shares of the business’s stock in a transaction that occurred on Monday, May 15th. The shares were sold at an average price of $32.45, for a total value of $56,592.80. Following the completion of the transaction, the executive vice president now directly owns 58,174 shares in the company, valued at approximately $1,887,746.30. The disclosure for this sale can be found here. In the last three months, insiders sold 25,129 shares of company stock worth $811,257. Corporate insiders own 1.65% of the company’s stock.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.

12 Month Chart for NYSE:HR

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