EverSource Wealth Advisors LLC Has $210,000 Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

EverSource Wealth Advisors LLC grew its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 327.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,405 shares of the real estate investment trust’s stock after purchasing an additional 9,504 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Healthcare Realty Trust were worth $210,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. KBC Group NV raised its stake in Healthcare Realty Trust by 16.5% during the 3rd quarter. KBC Group NV now owns 11,451 shares of the real estate investment trust’s stock worth $208,000 after buying an additional 1,625 shares during the period. Metis Global Partners LLC raised its stake in Healthcare Realty Trust by 25.0% during the 3rd quarter. Metis Global Partners LLC now owns 37,375 shares of the real estate investment trust’s stock worth $678,000 after buying an additional 7,472 shares during the period. Quest Partners LLC raised its stake in Healthcare Realty Trust by 2,471.4% during the 3rd quarter. Quest Partners LLC now owns 221,348 shares of the real estate investment trust’s stock worth $4,017,000 after buying an additional 212,740 shares during the period. Fortis Advisors LLC raised its stake in Healthcare Realty Trust by 60.9% during the 3rd quarter. Fortis Advisors LLC now owns 30,200 shares of the real estate investment trust’s stock worth $548,000 after buying an additional 11,428 shares during the period. Finally, Pathstone Holdings LLC raised its stake in Healthcare Realty Trust by 12.5% during the 3rd quarter. Pathstone Holdings LLC now owns 159,193 shares of the real estate investment trust’s stock worth $2,889,000 after buying an additional 17,717 shares during the period.

Insider Buying and Selling

In related news, COO Robert E. Hull sold 10,000 shares of Healthcare Realty Trust stock in a transaction dated 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 transaction, the chief operating officer now 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.56% of the stock is currently owned by corporate insiders.

Healthcare Realty Trust Price Performance

Shares of NYSE HR opened at $16.65 on Monday. The stock has a market capitalization of $5.84 billion, a price-to-earnings ratio of -9.35 and a beta of 0.97. The business has a 50-day moving average of $16.58 and a 200-day moving average of $17.30. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.91 and a fifty-two week high of $18.90.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.01. The company 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%. Healthcare Realty Trust’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 EPS. On average, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust’s payout ratio is currently -69.66%.

Analysts Set New Price Targets

HR has been the topic of several research analyst reports. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. JPMorgan Chase & Co. downgraded Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target on the stock. in a research note on Friday, December 20th. Wells Fargo & Company dropped their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating on the stock in a research note on Monday, March 10th. StockNews.com downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, March 5th. Finally, Scotiabank dropped their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Two equities research 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’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $17.00.

Healthcare Realty Trust Company 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.