Aew Capital Management L P Increases Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Aew Capital Management L P increased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 1,582.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 920,560 shares of the real estate investment trust’s stock after purchasing an additional 865,840 shares during the period. Aew Capital Management L P’s holdings in Healthcare Realty Trust were worth $15,603,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. increased its holdings in shares of Healthcare Realty Trust by 130.3% in the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 925 shares during the period. Point72 Hong Kong Ltd bought a new stake in Healthcare Realty Trust during the third quarter valued at about $65,000. Wilmington Savings Fund Society FSB purchased a new position in Healthcare Realty Trust in the third quarter valued at about $78,000. Harbor Capital Advisors Inc. bought a new position in Healthcare Realty Trust in the third quarter worth about $89,000. Finally, Allworth Financial LP raised its holdings in Healthcare Realty Trust by 118.8% in the fourth quarter. Allworth Financial LP now owns 5,152 shares of the real estate investment trust’s stock worth $85,000 after purchasing an additional 2,797 shares in the last quarter.

Insider Buying and Selling at Healthcare Realty Trust

In other Healthcare Realty Trust news, COO Robert E. Hull sold 10,000 shares of the 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 sale, the chief operating officer now directly owns 171,400 shares of the company’s stock, valued at approximately $2,996,072. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Price Performance

Shares of HR opened at $17.11 on Friday. The company’s fifty day moving average price is $16.63 and its 200-day moving average price is $17.37. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90. The firm has a market capitalization of $6.06 billion, a PE ratio of -9.61 and a beta of 0.94.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results 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. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business had revenue of $309.77 million for the quarter, compared to the consensus estimate of $303.81 million. During the same quarter in the previous year, the business earned $0.39 EPS. The company’s quarterly revenue was down 6.3% compared to the same quarter last year. As a group, research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders 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 yield of 7.25%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio is presently -69.66%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on HR shares. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research report on Friday, December 20th. StockNews.com raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Tuesday. Wedbush reiterated an “outperform” rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. Finally, Scotiabank reduced their target price 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. One 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. According to data from MarketBeat, Healthcare Realty Trust presently has an average rating of “Hold” and a consensus target price 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.