LDR Capital Management LLC Sells 145,240 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

LDR Capital Management LLC cut its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 50.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 141,844 shares of the real estate investment trust’s stock after selling 145,240 shares during the quarter. Healthcare Realty Trust comprises 3.3% of LDR Capital Management LLC’s investment portfolio, making the stock its 10th biggest position. LDR Capital Management LLC’s holdings in Healthcare Realty Trust were worth $2,404,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of HR. Pzena Investment Management LLC acquired a new position in shares of Healthcare Realty Trust in the 3rd quarter valued at $40,392,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Healthcare Realty Trust by 358.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust’s stock valued at $38,879,000 after acquiring an additional 1,674,583 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Healthcare Realty Trust by 289.5% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,552,109 shares of the real estate investment trust’s stock worth $26,308,000 after purchasing an additional 1,153,657 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Healthcare Realty Trust in the third quarter worth approximately $7,052,000. Finally, Barclays PLC raised its holdings in Healthcare Realty Trust by 116.2% in the third quarter. Barclays PLC now owns 722,582 shares of the real estate investment trust’s stock valued at $13,117,000 after buying an additional 388,305 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HR. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their price target for the stock from $19.00 to $17.00 in a research note on Thursday, January 2nd. Wedbush reiterated an “outperform” rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a research note on Thursday. Finally, JPMorgan Chase & Co. lowered 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 research note on Friday, December 20th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, Healthcare Realty Trust currently has an average rating of “Hold” and a consensus price target of $17.40.

Healthcare Realty Trust Price Performance

Shares of HR opened at $16.50 on Friday. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.90. The company’s 50-day moving average is $16.65 and its 200-day moving average is $17.40.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. The company had revenue of $309.77 million for the quarter, compared to the consensus estimate of $303.81 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The firm’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period last year, the company posted $0.39 EPS. As a group, equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be paid a $0.31 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.24 annualized dividend and a dividend yield of 7.52%. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

Insider Activity at Healthcare Realty Trust

In related news, COO Robert E. Hull sold 10,000 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total value of $174,800.00. Following the sale, the chief operating officer now directly owns 171,400 shares in the company, valued at approximately $2,996,072. The trade was a 5.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.56% of the stock is currently owned by insiders.

About Healthcare Realty Trust

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.