Daiwa Securities Group Inc. Has $208.15 Million Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Daiwa Securities Group Inc. decreased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 2.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 12,280,269 shares of the real estate investment trust’s stock after selling 267,413 shares during the quarter. Healthcare Realty Trust makes up approximately 0.9% of Daiwa Securities Group Inc.’s investment portfolio, making the stock its 26th biggest position. Daiwa Securities Group Inc.’s holdings in Healthcare Realty Trust were worth $208,150,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Healthcare Realty Trust by 25.4% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 266,240 shares of the real estate investment trust’s stock valued at $4,513,000 after purchasing an additional 53,952 shares during the period. Marble Harbor Investment Counsel LLC raised its stake in shares of Healthcare Realty Trust by 3.8% during the fourth quarter. Marble Harbor Investment Counsel LLC now owns 848,179 shares of the real estate investment trust’s stock worth $14,377,000 after buying an additional 30,888 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. acquired a new position in Healthcare Realty Trust in the fourth quarter valued at approximately $1,388,000. Candriam S.C.A. boosted its stake in Healthcare Realty Trust by 201.4% in the fourth quarter. Candriam S.C.A. now owns 1,729,651 shares of the real estate investment trust’s stock valued at $29,318,000 after acquiring an additional 1,155,745 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Healthcare Realty Trust in the fourth quarter valued at approximately $3,019,000.

Insider Buying and Selling

In other news, Director Peter F. Sr Lyle, Sr. purchased 10,000 shares of the company’s stock in a transaction on Friday, December 13th. The shares were purchased at an average price of $17.21 per share, with a total value of $172,100.00. Following the purchase, the director now directly owns 26,576 shares of the company’s stock, valued at $457,372.96. This trade represents a 60.33 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.56% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on HR. Wedbush reiterated an “outperform” rating and set a $16.00 target price on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. Jefferies Financial Group lowered Healthcare Realty Trust from a “buy” rating to a “hold” rating and cut their target price for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. StockNews.com lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, March 5th. Scotiabank lowered their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. lowered shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective on the stock. in a research note on Friday, December 20th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of “Hold” and an average price target of $17.20.

Healthcare Realty Trust Trading Up 1.6 %

NYSE:HR opened at $16.78 on Monday. Healthcare Realty Trust Incorporated has a 1 year low of $12.77 and a 1 year high of $18.90. The stock has a 50-day moving average price of $16.61 and a two-hundred day moving average price of $17.34. The stock has a market cap of $5.89 billion, a price-to-earnings ratio of -9.42 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.01. Healthcare Realty Trust had a negative return on equity of 11.20% and a negative net margin of 51.60%. The business had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same period in the previous year, the firm earned $0.39 EPS. Healthcare Realty Trust’s quarterly revenue was down 6.3% compared to the same quarter last year. Sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Monday, March 3rd will be given a $0.31 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 7.39%. Healthcare Realty Trust’s dividend payout ratio is currently -69.66%.

Healthcare Realty Trust Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.