Cornerstone Capital Management Holdings LLC. lifted its stake in Healthcare Realty Trust Inc (NYSE:HR) by 7.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,215 shares of the real estate investment trust’s stock after purchasing an additional 4,302 shares during the period. Cornerstone Capital Management Holdings LLC.’s holdings in Healthcare Realty Trust were worth $1,947,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Fiduciary Trust Co. bought a new stake in Healthcare Realty Trust during the 2nd quarter valued at about $113,000. Quantbot Technologies LP bought a new stake in Healthcare Realty Trust during the 3rd quarter valued at about $130,000. Pacad Investment Ltd. grew its stake in shares of Healthcare Realty Trust by 41.2% in the second quarter. Pacad Investment Ltd. now owns 4,800 shares of the real estate investment trust’s stock worth $164,000 after acquiring an additional 1,400 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Healthcare Realty Trust by 1.2% in the second quarter. PNC Financial Services Group Inc. now owns 6,219 shares of the real estate investment trust’s stock worth $212,000 after acquiring an additional 72 shares during the period. Finally, Neuberger Berman Group LLC grew its stake in shares of Healthcare Realty Trust by 0.7% in the second quarter. Neuberger Berman Group LLC now owns 6,267 shares of the real estate investment trust’s stock worth $214,000 after acquiring an additional 46 shares during the period. 94.67% of the stock is owned by hedge funds and other institutional investors.
A number of analysts have recently commented on the stock. BMO Capital Markets lowered shares of Healthcare Realty Trust from an “outperform” rating to a “market perform” rating and set a $33.00 price target for the company. in a research note on Tuesday. KeyCorp reiterated an “equal weight” rating on shares of Healthcare Realty Trust in a research note on Friday, December 22nd. Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Monday, September 25th. Mizuho reissued a “hold” rating and issued a $34.00 price objective on shares of Healthcare Realty Trust in a report on Sunday, November 5th. Finally, TheStreet downgraded shares of Healthcare Realty Trust from a “b” rating to a “c+” rating in a report on Thursday, November 9th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $33.14.
In other news, EVP John M. Bryant, Jr. sold 6,638 shares of the business’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $32.38, for a total transaction of $214,938.44. Following the completion of the sale, the executive vice president now directly owns 176,812 shares of the company’s stock, valued at $5,725,172.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Knox Singleton bought 3,074 shares of the stock in a transaction dated Friday, November 10th. The shares were bought at an average cost of $32.55 per share, with a total value of $100,058.70. The disclosure for this purchase can be found here. Insiders sold 16,847 shares of company stock worth $551,491 in the last 90 days. 1.85% of the stock is currently owned by company insiders.
Healthcare Realty Trust Inc (HR) traded down $0.31 during mid-day trading on Friday, hitting $29.80. 900,776 shares of the stock traded hands, compared to its average volume of 792,000. Healthcare Realty Trust Inc has a 1 year low of $29.67 and a 1 year high of $36.25. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.82 and a quick ratio of 2.82. The stock has a market capitalization of $3,720.00, a P/E ratio of 30.41, a PEG ratio of 4.53 and a beta of 0.32.
Healthcare Realty Trust (NYSE:HR) last released its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). Healthcare Realty Trust had a return on equity of 6.62% and a net margin of 26.70%. The company had revenue of $106.95 million during the quarter, compared to analysts’ expectations of $108.97 million. During the same period last year, the firm posted $0.39 EPS. Healthcare Realty Trust’s quarterly revenue was up 3.2% compared to the same quarter last year. equities analysts expect that Healthcare Realty Trust Inc will post 1.55 EPS for the current fiscal year.
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Healthcare Realty Trust 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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