Duff & Phelps Investment Management Co. decreased its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 3.1% during the second quarter, Holdings Channel reports. The firm owned 982,504 shares of the real estate investment trust’s stock after selling 31,600 shares during the period. Duff & Phelps Investment Management Co.’s holdings in Healthcare Realty Trust were worth $33,553,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of HR. Teachers Advisors LLC increased its position in Healthcare Realty Trust by 2.3% in the fourth quarter. Teachers Advisors LLC now owns 259,254 shares of the real estate investment trust’s stock valued at $7,861,000 after buying an additional 5,789 shares during the period. Capstone Asset Management Co. increased its position in Healthcare Realty Trust by 3.8% in the first quarter. Capstone Asset Management Co. now owns 10,416 shares of the real estate investment trust’s stock valued at $339,000 after buying an additional 380 shares during the period. Louisiana State Employees Retirement System increased its position in Healthcare Realty Trust by 2.4% in the first quarter. Louisiana State Employees Retirement System now owns 29,400 shares of the real estate investment trust’s stock valued at $956,000 after buying an additional 700 shares during the period. Bennicas & Associates Inc. acquired a new position in Healthcare Realty Trust during the first quarter valued at approximately $202,000. Finally, Retirement Systems of Alabama increased its position in Healthcare Realty Trust by 0.5% in the first quarter. Retirement Systems of Alabama now owns 150,325 shares of the real estate investment trust’s stock valued at $4,886,000 after buying an additional 685 shares during the period. 96.04% of the stock is currently owned by hedge funds and other institutional investors.

Healthcare Realty Trust Incorporated (NYSE:HR) opened at 31.94 on Friday. The company has a market cap of $3.72 billion, a PE ratio of 30.71 and a beta of 0.29. Healthcare Realty Trust Incorporated has a one year low of $26.66 and a one year high of $36.25. The stock has a 50 day moving average of $33.45 and a 200 day moving average of $32.65.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.39 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a net margin of 28.98% and a return on equity of 7.38%. The company had revenue of $105.20 million for the quarter, compared to analysts’ expectations of $105.67 million. During the same quarter in the previous year, the company posted $0.42 EPS. The business’s quarterly revenue was up 2.5% on a year-over-year basis. On average, analysts anticipate that Healthcare Realty Trust Incorporated will post $0.74 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Friday, August 11th will be issued a dividend of $0.30 per share. The ex-dividend date is Wednesday, August 9th. This represents a $1.20 annualized dividend and a yield of 3.76%. Healthcare Realty Trust’s payout ratio is presently 114.29%.

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Several brokerages have recently issued reports on HR. Zacks Investment Research cut shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, April 18th. Stifel Nicolaus cut their target price on shares of Healthcare Realty Trust from $34.00 to $33.00 and set a “buy” rating on the stock in a report on Tuesday, May 9th. Jefferies Group LLC restated a “buy” rating and issued a $36.00 target price on shares of Healthcare Realty Trust in a report on Friday, May 12th. Cantor Fitzgerald raised their target price on shares of Healthcare Realty Trust from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Monday, June 12th. Finally, BidaskClub upgraded shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating in a report on Wednesday, June 14th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. Healthcare Realty Trust has an average rating of “Hold” and a consensus target price of $34.50.

In related news, EVP Robert E. Hull sold 1,744 shares of the stock in a transaction on Monday, May 15th. The stock was sold at an average price of $32.45, for a total transaction of $56,592.80. Following the sale, the executive vice president now owns 58,174 shares in the company, valued at approximately $1,887,746.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider John M. Bryant, Jr. sold 7,000 shares of the stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $33.51, for a total value of $234,570.00. Following the sale, the insider now owns 142,256 shares in the company, valued at approximately $4,766,998.56. The disclosure for this sale can be found here. Corporate insiders own 1.85% of the company’s stock.

About Healthcare Realty Trust

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.

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Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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