Healthcare Realty Trust Incorporated $HR Shares Newly Purchased by Signaturefd LLC

Signaturefd LLC bought a new position in Healthcare Realty Trust Incorporated (NYSE:HR) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 30,048 shares of the real estate investment trust’s stock, valued at approximately $533,000.

Other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp grew its holdings in shares of Healthcare Realty Trust by 1,293.6% during the 1st quarter. Fifth Third Bancorp now owns 295,660 shares of the real estate investment trust’s stock worth $5,023,000 after purchasing an additional 274,445 shares during the period. Edgestream Partners L.P. acquired a new stake in Healthcare Realty Trust during the 1st quarter worth approximately $6,490,000. NEOS Investment Management LLC purchased a new position in Healthcare Realty Trust in the second quarter valued at approximately $2,214,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Healthcare Realty Trust in the second quarter valued at approximately $3,070,000. Finally, Corient Private Wealth LP purchased a new position in Healthcare Realty Trust in the second quarter valued at approximately $893,000.

Healthcare Realty Trust Stock Up 3.4%

Shares of NYSE HR opened at $18.13 on Friday. The stock’s 50 day moving average price is $18.19 and its two-hundred day moving average price is $18.81. Healthcare Realty Trust Incorporated has a 52-week low of $16.31 and a 52-week high of $22.04. The stock has a market capitalization of $6.21 billion, a P/E ratio of -69.74 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Thursday, October 29th. The real estate investment trust reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.01. The business had revenue of $286.64 million during the quarter, compared to the consensus estimate of $275.27 million. Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The company’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.41 EPS. On average, analysts anticipate that Healthcare Realty Trust Incorporated will post 1.65 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on HR shares. JPMorgan Chase & Co. boosted their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Jefferies Financial Group initiated coverage on Healthcare Realty Trust in a research note on Tuesday, September 15th. They issued a “hold” rating and a $20.00 target price for the company. Deutsche Bank Aktiengesellschaft upgraded Healthcare Realty Trust from a “hold” rating to a “buy” rating and raised their target price for the company from $18.00 to $23.00 in a report on Tuesday, October 20th. Cantor Fitzgerald boosted their price target on Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Healthcare Realty Trust in a report on Wednesday. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $21.36.

Insider Transactions at Healthcare Realty Trust

In related news, COO Robert Hull sold 21,000 shares of the stock in a transaction dated 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 transaction, the chief operating officer owned 276,338 shares in the company, valued at $5,280,819.18. This represents a 7.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Profile

Healthcare Realty Trust Incorporated (NYSE: HR) is a real estate investment trust focused on owning, managing, acquiring and developing outpatient healthcare properties. Its portfolio primarily includes medical office buildings, ambulatory surgery centers, outpatient facilities and other properties used by healthcare providers.

The company leases space to health systems, physician groups and other healthcare organizations, with properties generally located on or near hospital campuses and in growing outpatient care settings.