AlphaQuest LLC Sells 200,331 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

AlphaQuest LLC cut its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 90.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,017 shares of the real estate investment trust’s stock after selling 200,331 shares during the quarter. AlphaQuest LLC’s holdings in Healthcare Realty Trust were worth $356,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Atria Investments Inc boosted its holdings in shares of Healthcare Realty Trust by 29.5% in the 3rd quarter. Atria Investments Inc now owns 88,054 shares of the real estate investment trust’s stock valued at $1,598,000 after buying an additional 20,064 shares during the last quarter. GSA Capital Partners LLP bought a new stake in Healthcare Realty Trust during the third quarter worth $1,107,000. KBC Group NV lifted its stake in Healthcare Realty Trust by 16.5% in the third quarter. KBC Group NV now owns 11,451 shares of the real estate investment trust’s stock valued at $208,000 after acquiring an additional 1,625 shares during the last quarter. Metis Global Partners LLC grew its position in shares of Healthcare Realty Trust by 25.0% in the 3rd quarter. Metis Global Partners LLC now owns 37,375 shares of the real estate investment trust’s stock valued at $678,000 after acquiring an additional 7,472 shares during the period. Finally, Quest Partners LLC increased its stake in shares of Healthcare Realty Trust by 2,471.4% during the 3rd quarter. Quest Partners LLC now owns 221,348 shares of the real estate investment trust’s stock worth $4,017,000 after purchasing an additional 212,740 shares during the last quarter.

Analyst Upgrades and Downgrades

HR has been the subject of a number of research analyst reports. Wedbush reiterated an “outperform” rating and set a $16.00 price target on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Wells Fargo & Company reduced their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research note on Monday, March 10th. Scotiabank decreased their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. JPMorgan Chase & Co. cut 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 report on Friday, December 20th. Finally, Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price objective for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $17.00.

Healthcare Realty Trust Price Performance

HR opened at $16.65 on Friday. The business has a fifty day simple moving average of $16.58 and a 200 day simple moving average of $17.31. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90. The company has a market capitalization of $5.84 billion, a PE ratio of -9.35 and a beta of 0.97.

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

Healthcare Realty Trust Dividend Announcement

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

Insider Activity

In related news, COO Robert E. Hull sold 10,000 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $17.48, for a total value of $174,800.00. Following the transaction, the chief operating officer now owns 171,400 shares in the company, valued at approximately $2,996,072. This trade represents a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.56% of the stock is owned by company insiders.

Healthcare Realty Trust 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.