JPMorgan Chase & Co. increased its position in Healthcare Realty Trust Inc (NYSE:HR) by 3.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 618,594 shares of the real estate investment trust’s stock after buying an additional 21,618 shares during the quarter. JPMorgan Chase & Co. owned 0.49% of Healthcare Realty Trust worth $17,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently added to or reduced their stakes in HR. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Healthcare Realty Trust by 21.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,866 shares of the real estate investment trust’s stock valued at $317,000 after acquiring an additional 1,722 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in Healthcare Realty Trust by 10.7% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 20,122 shares of the real estate investment trust’s stock valued at $558,000 after acquiring an additional 1,945 shares during the last quarter. US Bancorp DE boosted its holdings in Healthcare Realty Trust by 6.7% in the fourth quarter. US Bancorp DE now owns 36,979 shares of the real estate investment trust’s stock valued at $1,188,000 after acquiring an additional 2,330 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Healthcare Realty Trust by 19.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 14,837 shares of the real estate investment trust’s stock valued at $477,000 after acquiring an additional 2,364 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its holdings in Healthcare Realty Trust by 17.8% in the first quarter. Daiwa Securities Group Inc. now owns 15,900 shares of the real estate investment trust’s stock valued at $441,000 after acquiring an additional 2,400 shares during the last quarter. 97.48% of the stock is owned by institutional investors.
Several brokerages recently commented on HR. Mizuho reiterated a “hold” rating and issued a $27.00 target price on shares of Healthcare Realty Trust in a report on Monday, April 2nd. BMO Capital Markets reiterated a “hold” rating and issued a $31.00 target price on shares of Healthcare Realty Trust in a report on Tuesday, March 27th. Morgan Stanley reduced their target price on Healthcare Realty Trust from $35.00 to $32.00 and set an “overweight” rating on the stock in a report on Tuesday, March 20th. ValuEngine cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Monday, May 14th. Finally, Zacks Investment Research upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Wednesday, May 9th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $29.75.
Healthcare Realty Trust stock opened at $27.48 on Monday. Healthcare Realty Trust Inc has a 52-week low of $26.09 and a 52-week high of $36.25. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.74. The company has a market cap of $3.44 billion, a price-to-earnings ratio of 17.96, a price-to-earnings-growth ratio of 4.31 and a beta of 0.24.
Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Thursday, May 3rd. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.33). Healthcare Realty Trust had a net margin of 0.10% and a return on equity of 0.02%. The firm had revenue of $112.10 million for the quarter, compared to analyst estimates of $111.07 million. During the same quarter in the prior year, the firm earned $0.39 EPS. The firm’s revenue was up 7.2% compared to the same quarter last year. sell-side analysts forecast that Healthcare Realty Trust Inc will post 1.6 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 31st. Shareholders of record on Wednesday, May 16th were paid a $0.30 dividend. The ex-dividend date was Tuesday, May 15th. This represents a $1.20 annualized dividend and a yield of 4.37%. Healthcare Realty Trust’s dividend payout ratio is presently 78.43%.
In other Healthcare Realty Trust news, EVP John M. Bryant, Jr. sold 23,610 shares of the company’s stock in a transaction that occurred on Thursday, May 10th. The shares were sold at an average price of $28.01, for a total value of $661,316.10. Following the transaction, the executive vice president now owns 149,356 shares in the company, valued at approximately $4,183,461.56. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.79% of the stock is currently owned by corporate insiders.
About Healthcare Realty Trust
Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of December 31, 2017, the Company owned 201 real estate properties in 27 states totaling 14.6 million square feet and was valued at approximately $5.3 billion.
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