Amundi Sells 255,252 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Amundi lowered its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 45.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 311,271 shares of the real estate investment trust’s stock after selling 255,252 shares during the period. Amundi’s holdings in Healthcare Realty Trust were worth $5,111,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HR. Smartleaf Asset Management LLC raised its holdings in shares of 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 worth $27,000 after purchasing an additional 612 shares during the period. Blue Trust Inc. increased its position in 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 worth $30,000 after buying an additional 925 shares during the last quarter. Synergy Investment Management LLC bought a new stake in shares of Healthcare Realty Trust in the fourth quarter valued at $36,000. Jones Financial Companies Lllp lifted its position in shares of 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 valued at $52,000 after buying an additional 1,249 shares during the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in shares of Healthcare Realty Trust during the 3rd quarter worth $65,000.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of research reports. Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their price objective for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wedbush reissued an “outperform” rating and issued a $16.00 price target on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Friday, December 20th. Scotiabank dropped 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, February 25th. Finally, StockNews.com cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, March 5th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Price Performance

NYSE HR opened at $16.65 on Friday. The company’s 50 day simple moving average is $16.58 and its two-hundred day simple moving average is $17.30. The stock has a market capitalization of $5.84 billion, a PE ratio of -9.35 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 1 year low of $12.91 and a 1 year high of $18.90.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, topping the consensus estimate of $0.39 by $0.01. The business 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 firm’s revenue was down 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share. On average, research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date of this dividend is Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

Insider Buying and Selling at Healthcare Realty Trust

In other Healthcare Realty Trust news, COO Robert E. Hull sold 10,000 shares of Healthcare Realty Trust 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 completion of the sale, the chief operating officer now owns 171,400 shares of the company’s stock, valued at $2,996,072. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.56% of the stock is currently owned by company insiders.

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.