Raymond James Financial Services Advisors Inc. grew its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 19.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,837 shares of the real estate investment trust’s stock after purchasing an additional 2,364 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Healthcare Realty Trust were worth $477,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in the business. Quantbot Technologies LP acquired a new position in Healthcare Realty Trust in the 3rd quarter valued at $130,000. Dynamic Technology Lab Private Ltd acquired a new position in Healthcare Realty Trust in the 3rd quarter valued at $218,000. Signition LP acquired a new position in Healthcare Realty Trust in the 4th quarter valued at $237,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Healthcare Realty Trust by 21.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,866 shares of the real estate investment trust’s stock valued at $317,000 after purchasing an additional 1,722 shares during the last quarter. Finally, Crossmark Global Holdings Inc. acquired a new position in Healthcare Realty Trust in the 3rd quarter valued at $356,000. Institutional investors and hedge funds own 98.18% of the company’s stock.
Healthcare Realty Trust stock traded up $0.21 during midday trading on Friday, reaching $27.98. 1,788,327 shares of the stock traded hands, compared to its average volume of 1,001,596. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.09 and a quick ratio of 0.09. The stock has a market capitalization of $3,501.53, a price-to-earnings ratio of 18.29, a price-to-earnings-growth ratio of 4.33 and a beta of 0.23. Healthcare Realty Trust Incorporated has a 12-month low of $26.27 and a 12-month high of $36.25.
Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Wednesday, February 14th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.01). The company had revenue of $107.70 million during the quarter, compared to analysts’ expectations of $109.91 million. Healthcare Realty Trust had a net margin of 5.44% and a return on equity of 1.33%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.41 EPS. equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.61 earnings per share for the current year.
A number of brokerages have issued reports on HR. Morgan Stanley reaffirmed an “overweight” rating and issued a $34.00 target price on shares of Healthcare Realty Trust in a research note on Thursday, December 14th. KeyCorp reissued an “equal weight” rating on shares of Healthcare Realty Trust in a research report on Friday, December 22nd. BMO Capital Markets downgraded Healthcare Realty Trust from an “outperform” rating to a “market perform” rating and set a $33.00 price objective for the company. in a research report on Tuesday, January 9th. SunTrust Banks set a $32.00 price objective on Healthcare Realty Trust and gave the stock a “hold” rating in a research report on Monday, January 22nd. Finally, Zacks Investment Research downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. Healthcare Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $30.38.
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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, 2017, the Company owned 201 real estate properties in 27 states totaling 14.6 million square feet and was valued at approximately $5.3 billion.
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