JPMorgan Chase & Co. lessened its holdings in shares of Healthcare Realty Trust Inc (NYSE:HR) by 1.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 233,837 shares of the real estate investment trust’s stock after selling 2,766 shares during the period. JPMorgan Chase & Co.’s holdings in Healthcare Realty Trust were worth $7,509,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc boosted its stake in shares of Healthcare Realty Trust by 1.0% in the 3rd quarter. Vanguard Group Inc now owns 18,462,720 shares of the real estate investment trust’s stock valued at $540,219,000 after purchasing an additional 182,166 shares in the last quarter. Crossmark Global Holdings Inc. raised its holdings in Healthcare Realty Trust by 3.2% during the 4th quarter. Crossmark Global Holdings Inc. now owns 11,706 shares of the real estate investment trust’s stock worth $333,000 after purchasing an additional 360 shares during the last quarter. Rhumbline Advisers increased its stake in shares of Healthcare Realty Trust by 57.2% in the 4th quarter. Rhumbline Advisers now owns 410,582 shares of the real estate investment trust’s stock valued at $11,677,000 after acquiring an additional 149,435 shares during the last quarter. Dupont Capital Management Corp bought a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at about $312,000. Finally, Redpoint Investment Management Pty Ltd bought a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at about $252,000. 94.65% of the stock is owned by institutional investors and hedge funds.

HR has been the subject of a number of recent analyst reports. Morgan Stanley set a $31.00 price target on Healthcare Realty Trust and gave the company a “hold” rating in a research note on Thursday, March 28th. TheStreet cut Healthcare Realty Trust from a “b-” rating to a “c” rating in a research note on Monday, May 6th. Zacks Investment Research raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Friday, April 19th. ValuEngine raised Healthcare Realty Trust from a “hold” rating to a “buy” rating in a research note on Friday, May 17th. Finally, Raymond James raised Healthcare Realty Trust from a “mkt perform” rating to an “outperform” rating and set a $34.00 target price for the company in a research note on Monday, May 13th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $31.75.

NYSE HR opened at $32.32 on Wednesday. Healthcare Realty Trust Inc has a 52-week low of $26.54 and a 52-week high of $32.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.18 and a quick ratio of 0.18. The company has a market cap of $4.22 billion, a P/E ratio of 20.59, a price-to-earnings-growth ratio of 6.67 and a beta of 0.41.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.39. Healthcare Realty Trust had a return on equity of 3.73% and a net margin of 14.52%. The firm had revenue of $112.66 million during the quarter, compared to the consensus estimate of $114.57 million. During the same quarter in the prior year, the firm posted $0.40 EPS. The business’s revenue was up .5% on a year-over-year basis. As a group, sell-side analysts expect that Healthcare Realty Trust Inc will post 1.58 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, May 30th. Shareholders of record on Wednesday, May 15th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date was Tuesday, May 14th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently 76.43%.

In other Healthcare Realty Trust news, insider John M. Bryant, Jr. sold 13,079 shares of the company’s stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $32.08, for a total transaction of $419,574.32. Following the completion of the transaction, the insider now owns 152,985 shares of the company’s stock, valued at approximately $4,907,758.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.87% of the company’s stock.

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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 December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion.

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

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