New Mexico Educational Retirement Board boosted its position in Healthcare Realty Trust Inc (NYSE:HR) by 46.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,800 shares of the real estate investment trust’s stock after buying an additional 10,100 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Healthcare Realty Trust were worth $888,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. PGGM Investments acquired a new position in Healthcare Realty Trust during the first quarter worth $147,614,000. Norges Bank purchased a new stake in Healthcare Realty Trust during the fourth quarter valued at about $51,556,000. Bank of New York Mellon Corp boosted its position in Healthcare Realty Trust by 47.8% during the fourth quarter. Bank of New York Mellon Corp now owns 3,739,571 shares of the real estate investment trust’s stock valued at $124,789,000 after buying an additional 1,210,109 shares during the period. Heitman Real Estate Securities LLC purchased a new stake in Healthcare Realty Trust during the fourth quarter valued at about $26,124,000. Finally, Canada Pension Plan Investment Board purchased a new stake in Healthcare Realty Trust during the first quarter valued at about $20,638,000. 95.96% of the stock is owned by institutional investors.

HR opened at $29.19 on Tuesday. The firm has a market capitalization of $3.92 billion, a PE ratio of 104.25 and a beta of 0.57. Healthcare Realty Trust Inc has a 12-month low of $24.10 and a 12-month high of $37.97. The firm has a 50 day moving average of $30.58 and a two-hundred day moving average of $32.14. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.88.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.38). The company had revenue of $122.60 million during the quarter, compared to analyst estimates of $122.80 million. Healthcare Realty Trust had a net margin of 8.00% and a return on equity of 2.11%. Healthcare Realty Trust’s revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.39 EPS. As a group, analysts predict that Healthcare Realty Trust Inc will post 1.65 EPS for the current fiscal year.

A number of analysts have recently weighed in on the stock. BMO Capital Markets upgraded shares of Healthcare Realty Trust from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $35.00 to $43.00 in a report on Monday, March 9th. Citigroup lowered shares of Healthcare Realty Trust from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $38.00 to $29.00 in a report on Tuesday, April 7th. JPMorgan Chase & Co. dropped their target price on shares of Healthcare Realty Trust from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Friday, April 3rd. Zacks Investment Research lowered shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a report on Wednesday, May 6th. Finally, Wells Fargo & Co reiterated a “hold” rating on shares of Healthcare Realty Trust in a report on Tuesday, April 28th. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Healthcare Realty Trust has a consensus rating of “Hold” and a consensus target price of $31.89.

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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