Healthcare Realty Trust Incorporated $HR Shares Newly Acquired by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 77,800 shares of the real estate investment trust’s stock, valued at approximately $1,380,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Resolution Capital Ltd boosted its position in Healthcare Realty Trust by 72.4% during the first quarter. Resolution Capital Ltd now owns 14,034,367 shares of the real estate investment trust’s stock worth $238,444,000 after purchasing an additional 5,892,501 shares during the period. Pzena Investment Management LLC bought a new position in shares of Healthcare Realty Trust in the third quarter valued at approximately $39,479,000. Renaissance Technologies LLC lifted its stake in shares of Healthcare Realty Trust by 100.0% in the first quarter. Renaissance Technologies LLC now owns 1,549,172 shares of the real estate investment trust’s stock worth $26,320,000 after buying an additional 774,500 shares during the last quarter. Sei Investments Co. lifted its stake in shares of Healthcare Realty Trust by 20.0% in the first quarter. Sei Investments Co. now owns 3,942,866 shares of the real estate investment trust’s stock worth $66,989,000 after buying an additional 656,968 shares during the last quarter. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of Healthcare Realty Trust in the third quarter worth $10,522,000.

Insider Buying and Selling

In other Healthcare Realty Trust news, COO Robert Hull sold 21,000 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total value of $401,310.00. Following the completion of the sale, the chief operating officer directly owned 276,338 shares of the company’s stock, valued at $5,280,819.18. This represents a 7.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.56% of the stock is currently owned by insiders.

Healthcare Realty Trust Stock Down 0.6%

HR opened at $19.24 on Thursday. The firm has a market capitalization of $6.51 billion, a P/E ratio of -137.40 and a beta of 0.92. The stock’s 50 day moving average price is $18.17 and its two-hundred day moving average price is $18.90. Healthcare Realty Trust Incorporated has a 12-month low of $16.31 and a 12-month high of $22.04.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Thursday, October 29th. The real estate investment trust reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.46). The company had revenue of $286.64 million during the quarter, compared to analyst estimates of $275.27 million. Healthcare Realty Trust had a negative return on equity of 1.02% and a negative net margin of 3.96%. The company’s revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.41 EPS. As a group, analysts anticipate that Healthcare Realty Trust Incorporated will post 1.66 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Tuesday, November 10th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 5.0%. The ex-dividend date is Tuesday, November 10th. Healthcare Realty Trust’s dividend payout ratio is presently -685.71%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Royal Bank Of Canada upped their price objective on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock a “sector perform” rating in a report on Friday, August 7th. Deutsche Bank upgraded shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating and lifted their target price for the stock from $18.00 to $23.00 in a report on Tuesday, October 20th. Cantor Fitzgerald boosted their target price on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Jefferies Financial Group initiated coverage on shares of Healthcare Realty Trust in a report on Tuesday, September 15th. They set a “hold” rating and a $20.00 price target for the company. Finally, UBS Group upped their price target on shares of Healthcare Realty Trust from $18.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday. Five investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Healthcare Realty Trust presently has an average rating of “Hold” and a consensus target price of $21.55.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated is a real estate investment trust that owns, leases, and operates healthcare properties, with a focus on outpatient medical buildings. Its tenants include health systems, physician groups, and other healthcare providers. The company’s activities include leasing and managing medical office space, as well as acquiring and developing properties. Many of its buildings are located near hospitals or other healthcare campuses, supporting providers’ outpatient services.