GC Wealth Management RIA LLC Raises Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

GC Wealth Management RIA LLC boosted its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 50.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,659 shares of the real estate investment trust’s stock after purchasing an additional 7,569 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Healthcare Realty Trust were worth $384,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of HR. Pzena Investment Management LLC purchased a new position in Healthcare Realty Trust during the third quarter worth approximately $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Healthcare Realty Trust by 358.2% during 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 acquiring an additional 1,674,583 shares during the last quarter. Candriam S.C.A. raised its holdings in shares of Healthcare Realty Trust by 201.4% during the fourth quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust’s stock valued at $29,318,000 after acquiring an additional 1,155,745 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Healthcare Realty Trust by 289.5% during 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 acquiring an additional 1,153,657 shares during the last quarter. Finally, Aew Capital Management L P raised its holdings in shares of Healthcare Realty Trust by 1,582.3% during 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 acquiring an additional 865,840 shares during the last quarter.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

A number of brokerages have commented on HR. Scotiabank reduced their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their target price for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Wells Fargo & Company reduced their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a report on Monday. JPMorgan Chase & Co. cut Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a report on Friday, December 20th. Finally, StockNews.com cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $17.00.

Healthcare Realty Trust Stock Performance

NYSE:HR opened at $16.44 on Wednesday. Healthcare Realty Trust Incorporated has a one year low of $12.77 and a one year high of $18.90. The stock has a market cap of $5.77 billion, a PE ratio of -9.23 and a beta of 0.97. The stock has a 50 day moving average price of $16.60 and a 200 day moving average price of $17.33.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.39 by $0.01. The firm had revenue of $309.77 million during the quarter, compared to analysts’ expectations 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 business’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.39 earnings per share. As a group, analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.31 per share. The ex-dividend date is Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 7.54%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -69.66%.

Healthcare Realty Trust Profile

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.