Sei Investments Co. Sells 22,903 Shares of Healthcare Realty Trust Inc (HR)

Sei Investments Co. cut its holdings in Healthcare Realty Trust Inc (NYSE:HR) by 20.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,849 shares of the real estate investment trust’s stock after selling 22,903 shares during the period. Sei Investments Co.’s holdings in Healthcare Realty Trust were worth $2,407,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Russell Investments Group Ltd. lifted its position in Healthcare Realty Trust by 3.0% during the 1st quarter. Russell Investments Group Ltd. now owns 1,052,377 shares of the real estate investment trust’s stock worth $29,149,000 after acquiring an additional 30,233 shares during the last quarter. Hsbc Holdings PLC lifted its position in Healthcare Realty Trust by 12.9% during the 1st quarter. Hsbc Holdings PLC now owns 24,287 shares of the real estate investment trust’s stock worth $673,000 after acquiring an additional 2,769 shares during the last quarter. Schroder Investment Management Group raised its position in shares of Healthcare Realty Trust by 8.9% during the first quarter. Schroder Investment Management Group now owns 1,244,195 shares of the real estate investment trust’s stock valued at $34,477,000 after buying an additional 102,066 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Healthcare Realty Trust by 3.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,829,211 shares of the real estate investment trust’s stock valued at $50,688,000 after buying an additional 57,475 shares during the last quarter. Finally, Employees Retirement System of Texas raised its position in shares of Healthcare Realty Trust by 25.3% during the first quarter. Employees Retirement System of Texas now owns 357,000 shares of the real estate investment trust’s stock valued at $9,892,000 after buying an additional 72,000 shares during the last quarter. Hedge funds and other institutional investors own 97.48% of the company’s stock.

Healthcare Realty Trust opened at $28.63 on Friday, according to Marketbeat.com. The stock has a market capitalization of $3.57 billion, a P/E ratio of 18.39, a price-to-earnings-growth ratio of 4.47 and a beta of 0.24. Healthcare Realty Trust Inc has a twelve month low of $26.09 and a twelve month high of $36.25. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.74.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Thursday, May 3rd. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.33). The business had revenue of $112.10 million during the quarter, compared to the consensus estimate of $111.07 million. Healthcare Realty Trust had a net margin of 0.10% and a return on equity of 0.02%. The business’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 EPS. research analysts anticipate that Healthcare Realty Trust Inc will post 1.6 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 31st. Investors of record on Wednesday, May 16th were paid a $0.30 dividend. The ex-dividend date was Tuesday, May 15th. This represents a $1.20 dividend on an annualized basis and a yield of 4.19%. Healthcare Realty Trust’s payout ratio is currently 78.43%.

A number of research analysts have recently commented on the stock. Cantor Fitzgerald cut their price objective on shares of Healthcare Realty Trust to $34.00 and set an “overweight” rating for the company in a research report on Friday, March 16th. Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, May 9th. Morgan Stanley cut their price objective on shares of Healthcare Realty Trust from $35.00 to $32.00 and set an “overweight” rating for the company in a research report on Tuesday, March 20th. ValuEngine lowered shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Monday, May 14th. Finally, Mizuho reaffirmed a “hold” rating and set a $29.00 price objective on shares of Healthcare Realty Trust in a research report on Friday, February 23rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company’s stock. Healthcare Realty Trust has an average rating of “Hold” and a consensus target price of $29.75.

In related news, Director John Knox Singleton sold 18,341 shares of the company’s stock in a transaction dated Monday, June 18th. The shares were sold at an average price of $27.25, for a total value of $499,792.25. Following the sale, the director now owns 23,992 shares of the company’s stock, valued at $653,782. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP John M. Bryant, Jr. sold 23,610 shares of the company’s stock in a transaction dated Thursday, May 10th. The shares were sold at an average price of $28.01, for a total transaction of $661,316.10. Following the completion of the sale, the executive vice president now directly owns 149,356 shares in the company, valued at approximately $4,183,461.56. The disclosure for this sale can be found here. Insiders own 1.85% of the company’s stock.

Healthcare Realty Trust Profile

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

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