Healthcare Realty Trust Incorporated (HR) Stake Raised by California Public Employees Retirement System

California Public Employees Retirement System lifted its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 5.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 192,975 shares of the real estate investment trust’s stock after buying an additional 9,900 shares during the quarter. California Public Employees Retirement System owned approximately 0.17% of Healthcare Realty Trust worth $6,590,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Healthcare Realty Trust in the second quarter worth approximately $1,779,000. Schwab Charles Investment Management Inc. raised its holdings in shares of Healthcare Realty Trust by 7.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,375,729 shares of the real estate investment trust’s stock worth $46,982,000 after buying an additional 99,174 shares during the period. Geode Capital Management LLC raised its holdings in shares of Healthcare Realty Trust by 6.0% in the first quarter. Geode Capital Management LLC now owns 1,084,930 shares of the real estate investment trust’s stock worth $35,260,000 after buying an additional 61,016 shares during the period. Federated Investors Inc. PA raised its holdings in shares of Healthcare Realty Trust by 8.2% in the second quarter. Federated Investors Inc. PA now owns 729,925 shares of the real estate investment trust’s stock worth $24,927,000 after buying an additional 55,473 shares during the period. Finally, Forsta AP Fonden raised its holdings in shares of Healthcare Realty Trust by 157.1% in the second quarter. Forsta AP Fonden now owns 41,400 shares of the real estate investment trust’s stock worth $1,414,000 after buying an additional 25,300 shares during the period. Hedge funds and other institutional investors own 92.18% of the company’s stock.

Healthcare Realty Trust Incorporated (HR) opened at 32.36 on Friday. The company has a market cap of $3.77 billion, a PE ratio of 31.12 and a beta of 0.31. Healthcare Realty Trust Incorporated has a 52 week low of $26.66 and a 52 week high of $36.25. The company has a 50-day moving average price of $32.93 and a 200 day moving average price of $33.26.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). The firm had revenue of $105.20 million during the quarter, compared to analysts’ expectations of $105.67 million. Healthcare Realty Trust had a net margin of 28.98% and a return on equity of 7.38%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.42 EPS. On average, equities research analysts forecast that Healthcare Realty Trust Incorporated will post $0.70 EPS for the current fiscal year.

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In other news, Director John Knox Singleton bought 3,450 shares of the business’s stock in a transaction on Tuesday, August 15th. The shares were bought at an average price of $31.88 per share, with a total value of $109,986.00. Following the completion of the transaction, the director now directly owns 17,693 shares in the company, valued at $564,052.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.85% of the stock is owned by insiders.

HR has been the topic of several recent analyst reports. Stifel Nicolaus reiterated a “buy” rating on shares of Healthcare Realty Trust in a report on Friday, August 4th. Cantor Fitzgerald reissued a “buy” rating and issued a $38.00 price objective on shares of Healthcare Realty Trust in a research note on Tuesday, August 15th. BMO Capital Markets reissued a “buy” rating and issued a $34.00 price objective on shares of Healthcare Realty Trust in a research note on Monday, October 2nd. BidaskClub raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, August 19th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $34.00 price objective (down previously from $36.00) on shares of Healthcare Realty Trust in a research note on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $33.00.

About Healthcare Realty Trust

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

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