Raymond James & Associates Increases Position in Healthcare Realty Trust Inc (NYSE:HR)

Raymond James & Associates lifted its holdings in shares of Healthcare Realty Trust Inc (NYSE:HR) by 36.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,343 shares of the real estate investment trust’s stock after acquiring an additional 7,344 shares during the period. Raymond James & Associates’ holdings in Healthcare Realty Trust were worth $778,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. First Trust Advisors LP increased its stake in Healthcare Realty Trust by 19.7% during the 3rd quarter. First Trust Advisors LP now owns 22,885 shares of the real estate investment trust’s stock valued at $670,000 after purchasing an additional 3,772 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Healthcare Realty Trust by 16.4% in the third quarter. Wells Fargo & Company MN now owns 185,331 shares of the real estate investment trust’s stock worth $5,422,000 after buying an additional 26,083 shares during the last quarter. CI Investments Inc. boosted its holdings in shares of Healthcare Realty Trust by 23,333.3% in the third quarter. CI Investments Inc. now owns 281,200 shares of the real estate investment trust’s stock worth $8,228,000 after buying an additional 280,000 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Healthcare Realty Trust by 2.3% in the third quarter. BlackRock Inc. now owns 18,081,245 shares of the real estate investment trust’s stock worth $529,055,000 after buying an additional 404,750 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Healthcare Realty Trust in the third quarter worth approximately $231,000. 97.49% of the stock is owned by institutional investors.

Shares of NYSE:HR opened at $30.82 on Friday. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.78. Healthcare Realty Trust Inc has a 1-year low of $26.09 and a 1-year high of $32.98. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 6.14 and a beta of 0.52.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Wednesday, February 13th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.27). Healthcare Realty Trust had a net margin of 15.49% and a return on equity of 3.99%. The firm had revenue of $113.17 million for the quarter, compared to analysts’ expectations of $114.17 million. During the same period in the prior year, the firm earned $0.38 EPS. Healthcare Realty Trust’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, equities research analysts predict that Healthcare Realty Trust Inc will post 1.6 EPS for the current fiscal year.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, April 13th. ValuEngine downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a report on Tuesday, April 16th. Finally, Morgan Stanley set a $31.00 price objective on shares of Healthcare Realty Trust and gave the stock a “hold” rating in a report on Thursday, March 28th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $31.00.

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Healthcare Realty Trust Company Profile

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion.

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

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