Swiss National Bank Purchases 2,500 Shares of Healthcare Realty Trust Incorporated (HR)
Swiss National Bank boosted its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 194,100 shares of the real estate investment trust’s stock after acquiring an additional 2,500 shares during the period. Swiss National Bank owned 0.17% of Healthcare Realty Trust worth $6,629,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its holdings in Healthcare Realty Trust by 6.6% during the first quarter. Wells Fargo & Company MN now owns 93,065 shares of the real estate investment trust’s stock worth $3,025,000 after buying an additional 5,791 shares during the last quarter. Great West Life Assurance Co. Can boosted its holdings in Healthcare Realty Trust by 2.9% during the first quarter. Great West Life Assurance Co. Can now owns 124,643 shares of the real estate investment trust’s stock worth $4,049,000 after buying an additional 3,497 shares during the last quarter. State Treasurer State of Michigan boosted its holdings in Healthcare Realty Trust by 1.3% during the first quarter. State Treasurer State of Michigan now owns 47,300 shares of the real estate investment trust’s stock worth $1,537,000 after buying an additional 600 shares during the last quarter. US Bancorp DE boosted its holdings in Healthcare Realty Trust by 1.3% during the first quarter. US Bancorp DE now owns 33,559 shares of the real estate investment trust’s stock worth $1,091,000 after buying an additional 425 shares during the last quarter. Finally, Comerica Bank boosted its holdings in Healthcare Realty Trust by 5.1% during the first quarter. Comerica Bank now owns 89,265 shares of the real estate investment trust’s stock worth $2,974,000 after buying an additional 4,293 shares during the last quarter. Institutional investors and hedge funds own 92.11% of the company’s stock.
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A number of brokerages have issued reports on HR. Cantor Fitzgerald restated a “buy” rating and set a $38.00 target price on shares of Healthcare Realty Trust in a report on Tuesday, August 15th. Jefferies Group LLC restated a “hold” rating and set a $34.00 target price (down previously from $36.00) on shares of Healthcare Realty Trust in a report on Thursday, August 10th. Zacks Investment Research cut Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday. BidaskClub upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Finally, Stifel Nicolaus restated a “buy” rating on shares of Healthcare Realty Trust in a report on Friday, August 4th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $32.60.
Shares of Healthcare Realty Trust Incorporated (NYSE:HR) opened at 34.10 on Friday. Healthcare Realty Trust Incorporated has a 12 month low of $26.66 and a 12 month high of $36.25. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 32.79 and a beta of 0.30. The company has a 50-day moving average price of $32.99 and a 200-day moving average price of $33.07.
Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). Healthcare Realty Trust had a return on equity of 7.38% and a net margin of 28.98%. The firm had revenue of $105.20 million for the quarter, compared to analyst estimates of $105.67 million. During the same period last year, the company posted $0.42 earnings per share. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Analysts forecast that Healthcare Realty Trust Incorporated will post $0.71 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Friday, August 11th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date of this dividend was Wednesday, August 9th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently 114.29%.
In related news, Director John Knox Singleton acquired 3,450 shares of the stock in a transaction dated Tuesday, August 15th. The stock was purchased at an average cost of $31.88 per share, with a total value of $109,986.00. Following the completion of the purchase, the director now directly owns 17,693 shares in the company, valued at approximately $564,052.84. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 1.85% of the stock is currently owned by corporate insiders.
Healthcare Realty Trust Company Profile
Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.
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