Healthcare Realty Trust Incorporated (NYSE:HR) Sees Significant Decline in Short Interest

Healthcare Realty Trust Incorporated (NYSE:HR) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 9,780,000 shares, a decline of 12.8% from the February 28th total of 11,220,000 shares. Based on an average trading volume of 2,600,000 shares, the short-interest ratio is presently 3.8 days. Approximately 2.8% of the company’s stock are sold short.

Institutional Trading of Healthcare Realty Trust

A number of large investors have recently bought and sold shares of the company. Cerity Partners LLC raised its position in shares of Healthcare Realty Trust by 106.4% in the third quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust’s stock valued at $1,407,000 after purchasing an additional 39,975 shares during the period. CreativeOne Wealth LLC purchased a new position in Healthcare Realty Trust in the 3rd quarter valued at approximately $213,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Healthcare Realty Trust by 358.2% during 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 period. Walleye Capital LLC bought a new position in shares of Healthcare Realty Trust in the third quarter worth $965,000. Finally, Captrust Financial Advisors raised its stake in shares of Healthcare Realty Trust by 27.2% during the 3rd quarter. Captrust Financial Advisors now owns 31,562 shares of the real estate investment trust’s stock valued at $573,000 after purchasing an additional 6,747 shares during the period.

Healthcare Realty Trust Stock Up 0.0 %

Healthcare Realty Trust stock opened at $16.91 on Wednesday. The stock has a market cap of $5.93 billion, a P/E ratio of -9.50 and a beta of 0.97. The company’s 50 day moving average price is $16.67 and its two-hundred day moving average price is $17.19. Healthcare Realty Trust has a 52 week low of $13.64 and a 52 week high of $18.90.

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 the consensus estimate 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 firm had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same period last year, the firm posted $0.39 EPS. The business’s revenue was down 6.3% compared to the same quarter last year. On average, equities analysts anticipate that Healthcare Realty Trust will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were paid a $0.31 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 7.34%. Healthcare Realty Trust’s payout ratio is -69.66%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HR. Wedbush reiterated an “outperform” rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a report on Thursday, February 20th. StockNews.com downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, March 27th. JPMorgan Chase & Co. cut Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price on the stock. in a report on Friday, December 20th. Jefferies Financial Group lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price target for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Finally, Scotiabank dropped their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, Healthcare Realty Trust currently has a consensus rating of “Hold” and an average target price of $17.00.

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.