Maryland State Retirement & Pension System Trims Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Maryland State Retirement & Pension System trimmed its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 13.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,852 shares of the real estate investment trust’s stock after selling 2,840 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Healthcare Realty Trust were worth $320,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in HR. Bank of New York Mellon Corp boosted its position in Healthcare Realty Trust by 12.0% in the 4th 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 buying an additional 495,599 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings 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 during the period. Candriam S.C.A. grew its stake in Healthcare Realty Trust by 201.4% in the fourth quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust’s stock worth $29,318,000 after purchasing an additional 1,155,745 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in Healthcare Realty Trust by 289.5% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust’s stock worth $26,308,000 after purchasing an additional 1,153,657 shares during the period. Finally, Aew Capital Management L P raised its position in Healthcare Realty Trust by 1,582.3% during the 4th 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.

Healthcare Realty Trust Stock Performance

Healthcare Realty Trust stock opened at $16.56 on Wednesday. Healthcare Realty Trust Incorporated has a one year low of $13.37 and a one year high of $18.90. The stock has a market cap of $5.81 billion, a PE ratio of -9.30 and a beta of 0.97. The stock has a 50-day moving average of $16.64 and a two-hundred day moving average of $17.24.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data 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 analyst estimates of $303.81 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. Healthcare Realty Trust’s revenue was down 6.3% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS. As a group, sell-side analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 7.49%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust’s payout ratio is -69.66%.

Analyst Ratings Changes

A number of research firms have recently issued reports on HR. 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 report on Friday, December 20th. Scotiabank cut their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their price target for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Wedbush reiterated an “outperform” rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. Finally, Wells Fargo & Company reduced their price objective on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research note on Monday, March 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company presently 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.