Vanguard Group Inc. Has $817.24 Million Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Vanguard Group Inc. decreased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 3.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,357,636 shares of the real estate investment trust’s stock after selling 1,725,366 shares during the period. Vanguard Group Inc. owned approximately 0.14% of Healthcare Realty Trust worth $817,244,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in HR. Golden State Wealth Management LLC bought a new position in Healthcare Realty Trust during the 1st quarter worth $26,000. Lazard Asset Management LLC bought a new position in Healthcare Realty Trust during the 4th quarter worth $45,000. Financial Gravity Asset Management Inc. bought a new position in Healthcare Realty Trust during the 1st quarter worth $48,000. UMB Bank n.a. increased its position in Healthcare Realty Trust by 73.3% during the 1st quarter. UMB Bank n.a. now owns 3,024 shares of the real estate investment trust’s stock worth $51,000 after buying an additional 1,279 shares during the period. Finally, Avalon Trust Co bought a new position in Healthcare Realty Trust during the 1st quarter worth $53,000.

Analyst Upgrades and Downgrades

HR has been the topic of several recent research reports. Wells Fargo & Company lowered their price objective on Healthcare Realty Trust from $16.00 to $15.00 and set an “underweight” rating on the stock in a research report on Monday, June 2nd. Wedbush reduced their target price on Healthcare Realty Trust from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Monday, May 5th. Wall Street Zen lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 31st. Finally, JPMorgan Chase & Co. reduced their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Thursday, June 26th. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $16.40.

Healthcare Realty Trust Stock Performance

HR opened at $16.56 on Wednesday. The firm has a market cap of $5.82 billion, a P/E ratio of -14.40 and a beta of 0.89. Healthcare Realty Trust Incorporated has a 52-week low of $14.09 and a 52-week high of $18.90. The business’s fifty day moving average is $15.76 and its 200-day moving average is $15.89.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.01. The business had revenue of $287.07 million for the quarter, compared to analyst estimates of $290.83 million. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%. During the same period last year, the firm posted $0.38 earnings per share. On average, research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Thursday, August 14th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 5.8%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -83.48%.

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.