Oregon Public Employees Retirement Fund Trims Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Oregon Public Employees Retirement Fund decreased its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,078 shares of the real estate investment trust’s stock after selling 1,500 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Healthcare Realty Trust were worth $1,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HR. Pzena Investment Management LLC purchased a new position in Healthcare Realty Trust in the 3rd quarter worth $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Healthcare Realty Trust by 358.2% during the 3rd 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 worth $38,879,000 after purchasing an additional 1,674,583 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its position 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. Bank of New York Mellon Corp grew its position in Healthcare Realty Trust by 12.0% during the 4th quarter. Bank of New York Mellon Corp now owns 4,630,973 shares of the real estate investment trust’s stock worth $78,495,000 after purchasing an additional 495,599 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Healthcare Realty Trust during the 3rd quarter worth about $7,052,000.

Healthcare Realty Trust Stock Up 1.8 %

NYSE:HR opened at $17.11 on Friday. Healthcare Realty Trust Incorporated has a 52 week low of $12.77 and a 52 week high of $18.90. The stock has a market capitalization of $6.06 billion, a PE ratio of -9.61 and a beta of 0.94. The stock’s 50-day moving average price is $16.63 and its 200-day moving average price is $17.37.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The company had revenue of $309.77 million for the quarter, compared to analysts’ expectations of $303.81 million. During the same period in the previous year, the firm posted $0.39 EPS. Healthcare Realty Trust’s revenue was down 6.3% compared to the same quarter last year. Sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.25%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust’s payout ratio is -69.66%.

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 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. The trade was a 5.51 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.56% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HR. Wedbush reaffirmed an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. StockNews.com raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, February 25th. Scotiabank cut 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 report on Tuesday, February 25th. 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. Finally, Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their target price for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Healthcare Realty Trust currently has a consensus rating of “Hold” and an average 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.