Proficio Capital Partners LLC Purchases Shares of 25,934 Healthcare Realty Trust Incorporated (NYSE:HR)

Proficio Capital Partners LLC acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 25,934 shares of the real estate investment trust’s stock, valued at approximately $440,000.

Other large investors have also made changes to their positions in the company. M&T Bank Corp grew its position in Healthcare Realty Trust by 6.3% during the fourth quarter. M&T Bank Corp now owns 44,219 shares of the real estate investment trust’s stock worth $749,000 after buying an additional 2,616 shares in the last quarter. Commerzbank Aktiengesellschaft FI lifted its position in shares of Healthcare Realty Trust by 59.1% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 47,138 shares of the real estate investment trust’s stock worth $784,000 after acquiring an additional 17,505 shares during the period. Synergy Investment Management LLC acquired a new stake in shares of Healthcare Realty Trust during the 4th quarter worth approximately $36,000. Steward Partners Investment Advisory LLC increased its position in shares of Healthcare Realty Trust by 3,419.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 28,510 shares of the real estate investment trust’s stock valued at $483,000 after purchasing an additional 27,700 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in shares of Healthcare Realty Trust by 68.7% in the fourth quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock valued at $52,000 after purchasing an additional 1,249 shares in the last quarter.

Healthcare Realty Trust Stock Up 1.5 %

Shares of Healthcare Realty Trust stock opened at $16.87 on Tuesday. Healthcare Realty Trust Incorporated has a 12-month low of $13.29 and a 12-month high of $18.90. The stock has a market capitalization of $5.92 billion, a P/E ratio of -9.47 and a beta of 0.97. The company has a 50-day simple moving average of $16.63 and a 200 day simple moving average of $17.25.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.01. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The company had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same quarter last year, the business posted $0.39 earnings per share. The company’s 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 year.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 7.35%. Healthcare Realty Trust’s payout ratio is -69.66%.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of recent research reports. Wells Fargo & Company decreased their price target 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. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their target price for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Scotiabank lowered their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Wedbush restated an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a research note on Thursday, February 20th. Finally, JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research note on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target 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.