Meeder Asset Management Inc. Increases Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Meeder Asset Management Inc. increased its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 155.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,979 shares of the real estate investment trust’s stock after purchasing an additional 22,487 shares during the quarter. Meeder Asset Management Inc.’s holdings in Healthcare Realty Trust were worth $627,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its position in Healthcare Realty Trust by 59.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 612 shares during the last quarter. Blue Trust Inc. raised its holdings in Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 925 shares during the last quarter. Synergy Investment Management LLC purchased a new stake in Healthcare Realty Trust during the 4th quarter valued at $36,000. Jones Financial Companies Lllp grew its holdings in Healthcare Realty Trust by 68.7% in the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock worth $52,000 after acquiring an additional 1,249 shares during the last quarter. Finally, Point72 Hong Kong Ltd purchased a new position in shares of Healthcare Realty Trust in the third quarter valued at about $65,000.

Healthcare Realty Trust Stock Up 0.9 %

NYSE HR opened at $16.92 on Tuesday. The stock’s 50 day moving average is $16.67 and its 200 day moving average is $17.20. The firm has a market capitalization of $5.93 billion, a PE ratio of -9.50 and a beta of 0.97. Healthcare Realty Trust Incorporated has a twelve month low of $13.64 and a twelve month high of $18.90.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The firm had revenue of $309.77 million for the quarter, compared to the consensus estimate of $303.81 million. During the same period in the prior year, the firm earned $0.39 EPS. The company’s revenue was down 6.3% compared to the same quarter last year. On average, research analysts anticipate 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 declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.33%. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HR. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their target price for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. StockNews.com cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, March 27th. Wedbush reaffirmed an “outperform” rating and issued a $16.00 price target on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. Wells Fargo & Company cut their price target on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating on the stock in a report on Monday, March 10th. Finally, JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Friday, December 20th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average 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.