Russell Investments Group Ltd. Has $46.99 Million Stake in Healthcare Realty Trust Incorporated (NYSE:HR)

Russell Investments Group Ltd. increased its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 22.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,772,522 shares of the real estate investment trust’s stock after purchasing an additional 508,045 shares during the quarter. Russell Investments Group Ltd.’s holdings in Healthcare Realty Trust were worth $46,993,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in HR. Blue Trust Inc. boosted its stake in shares of Healthcare Realty Trust by 130.3% during the fourth quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 925 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in Healthcare Realty Trust by 59.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 612 shares during the period. Synergy Investment Management LLC acquired a new stake in Healthcare Realty Trust during the 4th quarter worth approximately $36,000. Jones Financial Companies Lllp grew its holdings in Healthcare Realty Trust by 68.7% during 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, Wilmington Savings Fund Society FSB acquired a new position in Healthcare Realty Trust in the 3rd quarter valued at approximately $78,000.

Analyst Ratings Changes

HR has been the topic of several analyst reports. Wells Fargo & Company reduced their price objective on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating on the stock in a research note on Monday, March 10th. Scotiabank reduced 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. StockNews.com downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, March 27th. Wedbush reiterated an “outperform” rating and issued a $16.00 target price on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Finally, JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a report on Friday, December 20th. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Price Performance

Shares of Healthcare Realty Trust stock opened at $16.12 on Monday. The firm has a market cap of $5.66 billion, a price-to-earnings ratio of -9.06 and a beta of 0.97. The stock’s 50-day moving average is $16.66 and its 200 day moving average is $17.15. Healthcare Realty Trust Incorporated has a one year low of $13.64 and a one year high of $18.90.

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 (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. The firm had revenue of $309.77 million for the quarter, compared to analysts’ expectations of $303.81 million. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The company’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.39 EPS. On average, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 7.69%. The ex-dividend date of this dividend was Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -69.66%.

Healthcare Realty Trust 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.