Healthcare Realty Trust Incorporated (NYSE:HR) Shares Acquired by Candriam S.C.A.

Candriam S.C.A. raised its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 201.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,729,651 shares of the real estate investment trust’s stock after acquiring an additional 1,155,745 shares during the quarter. Candriam S.C.A.’s holdings in Healthcare Realty Trust were worth $29,318,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp grew its position in shares of Healthcare Realty Trust by 12.0% in the fourth quarter. Bank of New York Mellon Corp now owns 4,630,973 shares of the real estate investment trust’s stock valued at $78,495,000 after purchasing an additional 495,599 shares in the last quarter. Pzena Investment Management LLC purchased a new stake in shares of Healthcare Realty Trust in the third quarter valued at approximately $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of 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. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Healthcare Realty Trust by 289.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust’s stock valued at $26,308,000 after purchasing an additional 1,153,657 shares in the last quarter. Finally, Aew Capital Management L P grew its position in shares of Healthcare Realty Trust by 1,582.3% in the fourth 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 purchasing an additional 865,840 shares in the last quarter.

Insider Activity

In other news, COO Robert E. Hull sold 10,000 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total value of $174,800.00. Following the sale, the chief operating officer now directly owns 171,400 shares in the company, valued at approximately $2,996,072. This trade represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Stock Down 1.3 %

HR opened at $16.50 on Friday. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The business has a fifty day simple moving average of $16.62 and a 200-day simple moving average of $17.35. The firm has a market cap of $5.79 billion, a P/E ratio of -9.27 and a beta of 0.94.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS 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 analyst estimates 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 company’s quarterly revenue was down 6.3% on a year-over-year basis. During the same period last year, the business posted $0.39 earnings per share. 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 disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 7.52%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust’s payout ratio is currently -69.66%.

Analyst Ratings Changes

A number of research firms have recently issued reports on HR. Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their price target for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective for the company. in a research report on Friday, December 20th. Wedbush reiterated an “outperform” rating and issued a $16.00 price objective on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. StockNews.com lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, Scotiabank lowered their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 25th. Two equities 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. According to MarketBeat, Healthcare Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $17.20.

About Healthcare Realty Trust

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.