Impax Asset Management Group plc Purchases 40,000 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Impax Asset Management Group plc increased its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 10.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 440,000 shares of the real estate investment trust’s stock after purchasing an additional 40,000 shares during the period. Impax Asset Management Group plc’s holdings in Healthcare Realty Trust were worth $7,458,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hudson Edge Investment Partners Inc. raised its holdings in shares of Healthcare Realty Trust by 22.1% during the 4th quarter. Hudson Edge Investment Partners Inc. now owns 39,185 shares of the real estate investment trust’s stock worth $664,000 after acquiring an additional 7,101 shares in the last quarter. Ieq Capital LLC bought a new stake in Healthcare Realty Trust in the fourth quarter worth $659,000. New York State Common Retirement Fund raised its stake in Healthcare Realty Trust by 131.8% during the fourth quarter. New York State Common Retirement Fund now owns 386,679 shares of the real estate investment trust’s stock valued at $6,554,000 after purchasing an additional 219,848 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in Healthcare Realty Trust by 14.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 14,885 shares of the real estate investment trust’s stock valued at $252,000 after purchasing an additional 1,924 shares during the last quarter. Finally, Allworth Financial LP grew its stake in shares of Healthcare Realty Trust by 118.8% in the 4th quarter. Allworth Financial LP now owns 5,152 shares of the real estate investment trust’s stock worth $85,000 after buying an additional 2,797 shares in the last quarter.

Insider Activity

In other Healthcare Realty Trust news, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were purchased at an average cost of $17.21 per share, for a total transaction of $172,100.00. Following the completion of the purchase, the director now owns 26,576 shares in the company, valued at approximately $457,372.96. This trade represents a 60.33 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.56% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on HR shares. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their price target for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. JPMorgan Chase & Co. cut Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price on the stock. in a research note on Friday, December 20th. Finally, Wedbush reiterated an “outperform” rating and issued a $16.00 price target on shares of Healthcare Realty Trust in a report on Thursday, February 20th. One investment analyst has 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.40.

Healthcare Realty Trust Price Performance

Shares of HR opened at $16.85 on Tuesday. The firm has a market capitalization of $5.97 billion, a price-to-earnings ratio of -9.46 and a beta of 0.94. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The company has a 50-day moving average of $16.64 and a 200 day moving average of $17.39.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same quarter in the previous year, the business earned $0.39 earnings per share. Healthcare Realty Trust’s quarterly revenue was down 6.3% on a year-over-year basis. On average, equities analysts anticipate 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 declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date is Monday, March 3rd. Healthcare Realty Trust’s payout ratio is -69.66%.

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.