Avantax Advisory Services Inc. Has $463,000 Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Avantax Advisory Services Inc. trimmed its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 13.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,319 shares of the real estate investment trust’s stock after selling 4,284 shares during the period. Avantax Advisory Services Inc.’s holdings in Healthcare Realty Trust were worth $463,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Smartleaf Asset Management LLC lifted its position in Healthcare Realty Trust by 59.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 612 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Healthcare Realty Trust by 130.3% in 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. Synergy Investment Management LLC acquired a new position in shares of Healthcare Realty Trust during the fourth quarter worth about $36,000. Jones Financial Companies Lllp grew its holdings in shares of Healthcare Realty Trust by 68.7% during the fourth quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 1,249 shares in the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in Healthcare Realty Trust in the 3rd quarter valued at approximately $65,000.

Healthcare Realty Trust Stock Performance

Shares of NYSE:HR opened at $16.60 on Monday. The company has a 50-day simple moving average of $16.62 and a 200 day simple moving average of $17.26. The company has a market capitalization of $5.82 billion, a P/E ratio of -9.32 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 52-week low of $13.29 and a 52-week high of $18.90.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data 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. The company had revenue of $309.77 million during 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 business’s revenue was down 6.3% on a year-over-year basis. During the same period last year, the firm posted $0.39 earnings per share. As a group, equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were issued a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 annualized dividend and a dividend yield of 7.47%. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on HR. StockNews.com raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th. Scotiabank reduced their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target on the stock. in a research note on Friday, December 20th. Wedbush restated an “outperform” rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. Finally, Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their target price for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $17.00.

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.