Jane Street Group LLC Makes New Investment in Healthcare Realty Trust Incorporated (NYSE:HR)


Share on StockTwits

Jane Street Group LLC bought a new position in Healthcare Realty Trust Incorporated (NYSE:HR) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 20,486 shares of the real estate investment trust’s stock, valued at approximately $606,000.

A number of other large investors also recently bought and sold shares of the business. Principal Financial Group Inc. boosted its stake in shares of Healthcare Realty Trust by 545.4% during the 4th quarter. Principal Financial Group Inc. now owns 5,814,620 shares of the real estate investment trust’s stock worth $172,114,000 after acquiring an additional 4,913,675 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Healthcare Realty Trust by 3.9% during the 4th quarter. BlackRock Inc. now owns 19,650,460 shares of the real estate investment trust’s stock valued at $581,654,000 after buying an additional 731,537 shares in the last quarter. Waterfront Capital Partners LLC lifted its stake in shares of Healthcare Realty Trust by 138.1% during the 4th quarter. Waterfront Capital Partners LLC now owns 998,353 shares of the real estate investment trust’s stock valued at $29,551,000 after buying an additional 579,107 shares in the last quarter. Schroder Investment Management Group lifted its stake in shares of Healthcare Realty Trust by 62.6% during the 4th quarter. Schroder Investment Management Group now owns 1,496,350 shares of the real estate investment trust’s stock valued at $44,292,000 after buying an additional 575,862 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Healthcare Realty Trust by 447.3% during the 3rd quarter. Sei Investments Co. now owns 572,724 shares of the real estate investment trust’s stock valued at $17,251,000 after buying an additional 468,083 shares in the last quarter. 96.63% of the stock is owned by institutional investors and hedge funds.

A number of research firms recently weighed in on HR. Morgan Stanley lifted their target price on shares of Healthcare Realty Trust from $30.00 to $31.00 and gave the company an “equal weight” rating in a research note on Monday, March 22nd. Wells Fargo & Company lifted their price target on shares of Healthcare Realty Trust from $29.00 to $31.00 and gave the company an “equal weight” rating in a report on Wednesday, March 31st. Scotiabank initiated coverage on shares of Healthcare Realty Trust in a report on Thursday, January 28th. They issued a “sector perform” rating and a $32.00 price target on the stock. Jefferies Financial Group upgraded shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating and lifted their price target for the company from $30.00 to $33.00 in a report on Wednesday, January 13th. Finally, Zacks Investment Research upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, January 21st. Five research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $32.00.

Healthcare Realty Trust stock opened at $31.00 on Thursday. The company’s 50-day moving average price is $30.15 and its 200-day moving average price is $30.04. Healthcare Realty Trust Incorporated has a twelve month low of $26.77 and a twelve month high of $34.01. The company has a quick ratio of 2.30, a current ratio of 2.30 and a debt-to-equity ratio of 0.83. The company has a market cap of $4.38 billion, a PE ratio of 36.47 and a beta of 0.55.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Wednesday, February 10th. The real estate investment trust reported ($0.12) EPS for the quarter, missing the consensus estimate of $0.41 by ($0.53). The firm had revenue of $125.88 million for the quarter, compared to the consensus estimate of $126.70 million. Healthcare Realty Trust had a net margin of 23.27% and a return on equity of 6.08%. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.41 earnings per share. As a group, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.64 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 9th. Investors of record on Monday, February 22nd were issued a dividend of $0.303 per share. This represents a $1.21 annualized dividend and a yield of 3.91%. This is an increase from Healthcare Realty Trust’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, February 19th. Healthcare Realty Trust’s dividend payout ratio is presently 75.63%.

In other Healthcare Realty Trust news, EVP Robert E. Hull sold 11,447 shares of the business’s stock in a transaction dated Tuesday, March 16th. The shares were sold at an average price of $31.00, for a total value of $354,857.00. Following the completion of the sale, the executive vice president now directly owns 155,287 shares of the company’s stock, valued at approximately $4,813,897. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP John M. Bryant, Jr. sold 11,476 shares of the business’s stock in a transaction dated Friday, March 12th. The shares were sold at an average price of $30.00, for a total transaction of $344,280.00. Corporate insiders own 0.80% of the company’s stock.

About Healthcare Realty Trust

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 September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion.

Read More: What type of investment options does a Roth IRA provide?

Want to see what other hedge funds are holding HR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Realty Trust Incorporated (NYSE:HR).

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

Receive News & Ratings for Healthcare Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.