State of New Jersey Common Pension Fund D Increases Position in Healthcare Realty Trust Incorporated (NYSE:HR)

State of New Jersey Common Pension Fund D lifted its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 437,994 shares of the real estate investment trust’s stock after purchasing an additional 9,207 shares during the period. State of New Jersey Common Pension Fund D owned 0.11% of Healthcare Realty Trust worth $7,547,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Quent Capital LLC boosted its holdings in shares of Healthcare Realty Trust by 47.4% during the fourth quarter. Quent Capital LLC now owns 1,933 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 622 shares during the period. Mastrapasqua Asset Management Inc. boosted its holdings in shares of Healthcare Realty Trust by 4.5% during the third quarter. Mastrapasqua Asset Management Inc. now owns 16,690 shares of the real estate investment trust’s stock worth $255,000 after purchasing an additional 714 shares during the period. Treasurer of the State of North Carolina boosted its holdings in shares of Healthcare Realty Trust by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 166,819 shares of the real estate investment trust’s stock worth $2,547,000 after purchasing an additional 840 shares during the period. Orion Portfolio Solutions LLC boosted its holdings in shares of Healthcare Realty Trust by 2.6% during the third quarter. Orion Portfolio Solutions LLC now owns 33,928 shares of the real estate investment trust’s stock worth $518,000 after purchasing an additional 856 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Healthcare Realty Trust by 1.2% during the third quarter. Commonwealth Equity Services LLC now owns 81,214 shares of the real estate investment trust’s stock worth $1,240,000 after purchasing an additional 953 shares during the period.

Healthcare Realty Trust Trading Up 0.8 %

HR stock traded up $0.11 on Friday, hitting $14.14. The company had a trading volume of 3,602,246 shares, compared to its average volume of 3,232,147. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $20.32. The stock’s 50-day simple moving average is $13.77 and its 200 day simple moving average is $15.07. The stock has a market cap of $5.39 billion, a price-to-earnings ratio of -19.11 and a beta of 0.79.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Friday, February 16th. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.51). The business had revenue of $330.40 million for the quarter, compared to analysts’ expectations of $334.32 million. Healthcare Realty Trust had a negative return on equity of 3.87% and a negative net margin of 20.71%. The company’s revenue was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.42 EPS. Research analysts forecast that Healthcare Realty Trust Incorporated will post 1.56 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 14th. Investors of record on Monday, February 26th were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.77%. Healthcare Realty Trust’s dividend payout ratio is presently -167.57%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on HR. Wedbush downgraded shares of Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $19.00 to $15.00 in a research note on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft began coverage on shares of Healthcare Realty Trust in a research note on Tuesday, January 30th. They issued a “hold” rating and a $18.00 price target for the company. Wells Fargo & Company decreased their price target on shares of Healthcare Realty Trust from $18.00 to $15.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 10th. JPMorgan Chase & Co. decreased their price target on shares of Healthcare Realty Trust from $19.00 to $17.00 and set an “overweight” rating for the company in a research note on Wednesday, March 6th. Finally, Stifel Nicolaus downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price target for the stock from $19.00 to $15.00 in a research note on Tuesday, February 20th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $17.20.

Healthcare Realty Trust Profile

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.