Farringdon Capital Ltd. Takes $221,000 Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Farringdon Capital Ltd. purchased a new position in Healthcare Realty Trust Incorporated (NYSE:HR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 13,046 shares of the real estate investment trust’s stock, valued at approximately $221,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its position in shares of Healthcare Realty Trust by 59.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 612 shares during the period. Blue Trust Inc. increased its holdings in Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 925 shares during the period. Synergy Investment Management LLC purchased a new position in Healthcare Realty Trust during the 4th quarter worth $36,000. Jones Financial Companies Lllp raised its position in 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 purchasing an additional 1,249 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Healthcare Realty Trust during the 3rd quarter worth $78,000.

Wall Street Analyst Weigh In

HR has been the subject of a number of research reports. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Scotiabank dropped their price objective 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 raised shares of Healthcare Realty Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, April 7th. StockNews.com cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, March 27th. Finally, Wells Fargo & Company reduced their price target on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research report on Monday, March 10th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $17.00.

Healthcare Realty Trust Trading Up 1.8 %

Shares of HR opened at $15.98 on Friday. The firm has a market cap of $5.60 billion, a PE ratio of -8.97 and a beta of 0.85. Healthcare Realty Trust Incorporated has a 12 month low of $13.86 and a 12 month high of $18.90. The stock has a fifty day moving average price of $16.40 and a 200-day moving average price of $16.96.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The company had revenue of $309.77 million during the quarter, compared to analysts’ expectations of $303.81 million. During the same period last year, the business posted $0.39 earnings per share. The firm’s revenue was down 6.3% compared to the same quarter last year. As a group, research analysts forecast 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 was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 7.76%. The ex-dividend date was Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio is presently -69.66%.

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.