Cibc World Markets Corp Purchases 7,106 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Cibc World Markets Corp increased its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 7.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 103,045 shares of the real estate investment trust’s stock after purchasing an additional 7,106 shares during the period. Cibc World Markets Corp’s holdings in Healthcare Realty Trust were worth $1,747,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Blue Trust Inc. grew its stake in shares of Healthcare Realty Trust by 130.3% in the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 925 shares in the last quarter. Smartleaf Asset Management LLC grew its position in Healthcare Realty Trust by 59.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 612 shares in the last quarter. Synergy Investment Management LLC purchased a new stake in Healthcare Realty Trust in the 4th quarter valued at about $36,000. Jones Financial Companies Lllp lifted its position in shares of Healthcare Realty Trust by 68.7% during the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust’s stock worth $52,000 after buying an additional 1,249 shares in the last quarter. Finally, Point72 Hong Kong Ltd purchased a new position in shares of Healthcare Realty Trust in the 3rd quarter worth approximately $65,000.

Healthcare Realty Trust Stock Down 0.9 %

NYSE HR opened at $16.60 on Friday. The company has a market cap of $5.82 billion, a PE ratio of -9.32 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 52 week low of $13.28 and a 52 week high of $18.90. The firm’s 50-day simple moving average is $16.62 and its two-hundred day simple moving average is $17.27.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The company had revenue of $309.77 million for the quarter, compared to analysts’ expectations of $303.81 million. During the same period in the prior year, the company posted $0.39 EPS. Healthcare Realty Trust’s revenue was down 6.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Monday, March 3rd were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.47%. Healthcare Realty Trust’s payout ratio is -69.66%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Jefferies Financial Group downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price target for the company from $19.00 to $17.00 in a research report on Thursday, January 2nd. Scotiabank lowered their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. StockNews.com upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday. Wedbush reaffirmed an “outperform” rating and issued a $16.00 price objective on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a research report on Friday, December 20th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $17.00.

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.