State of Tennessee Treasury Department lessened its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 33.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,000 shares of the real estate investment trust’s stock after selling 30,000 shares during the quarter. State of Tennessee Treasury Department owned 0.05% of Healthcare Realty Trust worth $2,049,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Swiss National Bank lifted its position in shares of Healthcare Realty Trust by 1.3% in the second quarter. Swiss National Bank now owns 194,100 shares of the real estate investment trust’s stock worth $6,629,000 after purchasing an additional 2,500 shares in the last quarter. Sentry Investments Corp. bought a new stake in shares of Healthcare Realty Trust in the second quarter worth $6,393,000. Pacad Investment Ltd. lifted its position in shares of Healthcare Realty Trust by 41.2% in the second quarter. Pacad Investment Ltd. now owns 4,800 shares of the real estate investment trust’s stock worth $164,000 after purchasing an additional 1,400 shares in the last quarter. Cim Investment Mangement Inc. lifted its position in shares of Healthcare Realty Trust by 120.8% in the second quarter. Cim Investment Mangement Inc. now owns 14,265 shares of the real estate investment trust’s stock worth $487,000 after purchasing an additional 7,804 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Healthcare Realty Trust by 5.3% in the second quarter. Principal Financial Group Inc. now owns 494,937 shares of the real estate investment trust’s stock worth $16,902,000 after purchasing an additional 24,822 shares in the last quarter. 92.18% of the stock is currently owned by institutional investors and hedge funds.

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Several research firms have issued reports on HR. Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Friday, June 16th. Mizuho reaffirmed a “neutral” rating on shares of Healthcare Realty Trust in a research report on Wednesday, June 28th. Jefferies Group LLC lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and set a $36.00 price target on the stock. in a research report on Thursday, June 15th. They noted that the move was a valuation call. BidaskClub lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a research report on Friday, June 30th. Finally, Cantor Fitzgerald upped their price target on shares of Healthcare Realty Trust from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, June 12th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $32.60.

In other Healthcare Realty Trust news, Director John Knox Singleton bought 3,450 shares of the stock in a transaction dated Tuesday, August 15th. The shares were bought at an average cost of $31.88 per share, for a total transaction of $109,986.00. Following the purchase, the director now directly owns 17,693 shares of the company’s stock, valued at approximately $564,052.84. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 1.85% of the company’s stock.

Shares of Healthcare Realty Trust Incorporated (HR) opened at 33.70 on Tuesday. The firm’s 50-day moving average is $33.00 and its 200 day moving average is $33.10. Healthcare Realty Trust Incorporated has a 52-week low of $26.66 and a 52-week high of $36.25. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 32.40 and a beta of 0.30.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.01). The firm had revenue of $105.20 million for the quarter, compared to analysts’ expectations of $105.67 million. Healthcare Realty Trust had a return on equity of 7.38% and a net margin of 28.98%. Healthcare Realty Trust’s revenue was up 2.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.42 earnings per share. On average, equities research analysts anticipate that Healthcare Realty Trust Incorporated will post $0.71 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Friday, August 11th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date was Wednesday, August 9th. Healthcare Realty Trust’s payout ratio is 114.29%.

Healthcare Realty Trust Profile

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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