Bank of America Corp DE Decreases Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Bank of America Corp DE cut its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 14.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 299,655 shares of the real estate investment trust’s stock after selling 50,056 shares during the period. Bank of America Corp DE owned about 0.21% of Healthcare Realty Trust worth $9,049,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Vident Investment Advisory LLC grew its position in shares of Healthcare Realty Trust by 2.5% during the 2nd quarter. Vident Investment Advisory LLC now owns 16,869 shares of the real estate investment trust’s stock valued at $509,000 after acquiring an additional 412 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Healthcare Realty Trust by 1.2% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 47,192 shares of the real estate investment trust’s stock worth $1,425,000 after buying an additional 571 shares during the period. DAVENPORT & Co LLC boosted its holdings in Healthcare Realty Trust by 3.1% in the 2nd quarter. DAVENPORT & Co LLC now owns 19,176 shares of the real estate investment trust’s stock worth $579,000 after buying an additional 580 shares during the period. Advisor Group Holdings Inc. boosted its holdings in Healthcare Realty Trust by 12.7% in the 2nd quarter. Advisor Group Holdings Inc. now owns 6,132 shares of the real estate investment trust’s stock worth $186,000 after buying an additional 692 shares during the period. Finally, Assetmark Inc. boosted its holdings in Healthcare Realty Trust by 9.5% in the 2nd quarter. Assetmark Inc. now owns 8,217 shares of the real estate investment trust’s stock worth $248,000 after buying an additional 714 shares during the period. Institutional investors and hedge funds own 94.51% of the company’s stock.

In other Healthcare Realty Trust news, EVP John M. Bryant, Jr. sold 2,896 shares of the firm’s stock in a transaction on Thursday, September 23rd. The shares were sold at an average price of $31.01, for a total value of $89,804.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.90% of the company’s stock.

NYSE HR opened at $32.84 on Thursday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.20 and a current ratio of 0.20. The firm’s 50 day moving average price is $31.78 and its 200-day moving average price is $31.11. Healthcare Realty Trust Incorporated has a 52-week low of $28.00 and a 52-week high of $33.77. The company has a market cap of $4.85 billion, a PE ratio of 172.85 and a beta of 0.59.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Wednesday, November 3rd. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.45). Healthcare Realty Trust had a net margin of 5.57% and a return on equity of 1.43%. During the same quarter last year, the company earned $0.41 earnings per share. On average, analysts forecast that Healthcare Realty Trust Incorporated will post 1.71 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 30th. Shareholders of record on Monday, November 15th will be issued a $0.3025 dividend. The ex-dividend date of this dividend is Friday, November 12th. This represents a $1.21 dividend on an annualized basis and a dividend yield of 3.68%. Healthcare Realty Trust’s dividend payout ratio is currently 636.88%.

Several research firms have commented on HR. TheStreet raised shares of Healthcare Realty Trust from a “c” rating to a “b-” rating in a report on Tuesday, October 12th. Zacks Investment Research downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 5th. Raymond James downgraded shares of Healthcare Realty Trust from a “strong-buy” rating to a “market perform” rating in a report on Friday, August 20th. Finally, Morgan Stanley increased their price objective on shares of Healthcare Realty Trust from $31.00 to $33.00 and gave the company an “equal weight” rating in a report on Thursday, July 29th. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $32.80.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc is a real estate investment trust. 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.

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

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