Healthcare Realty Trust Inc (HR) Position Cut by Sei Investments Co.

Sei Investments Co. reduced its position in shares of Healthcare Realty Trust Inc (NYSE:HR) by 57.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,862 shares of the real estate investment trust’s stock after selling 49,987 shares during the period. Sei Investments Co.’s holdings in Healthcare Realty Trust were worth $1,072,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its stake in shares of Healthcare Realty Trust by 8.0% during the first quarter. Wells Fargo & Company MN now owns 154,593 shares of the real estate investment trust’s stock worth $4,284,000 after purchasing an additional 11,490 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of Healthcare Realty Trust by 17.8% during the first quarter. Daiwa Securities Group Inc. now owns 15,900 shares of the real estate investment trust’s stock worth $441,000 after purchasing an additional 2,400 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of Healthcare Realty Trust by 10.7% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 20,122 shares of the real estate investment trust’s stock worth $558,000 after purchasing an additional 1,945 shares during the period. Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Healthcare Realty Trust by 5.2% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 120,360 shares of the real estate investment trust’s stock worth $3,335,000 after purchasing an additional 6,001 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Healthcare Realty Trust by 21.5% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,985 shares of the real estate investment trust’s stock worth $332,000 after acquiring an additional 2,119 shares during the period. Hedge funds and other institutional investors own 93.85% of the company’s stock.

In other news, Director John Knox Singleton sold 18,341 shares of Healthcare Realty Trust stock in a transaction on Monday, June 18th. The stock was sold at an average price of $27.25, for a total value of $499,792.25. Following the transaction, the director now owns 23,992 shares in the company, valued at approximately $653,782. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP John M. Bryant, Jr. sold 2,561 shares of Healthcare Realty Trust stock in a transaction on Thursday, August 9th. The shares were sold at an average price of $30.56, for a total value of $78,264.16. Following the completion of the transaction, the executive vice president now owns 146,795 shares in the company, valued at approximately $4,486,055.20. The disclosure for this sale can be found here. Company insiders own 1.79% of the company’s stock.

Healthcare Realty Trust stock opened at $30.14 on Tuesday. Healthcare Realty Trust Inc has a one year low of $26.09 and a one year high of $34.26. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.11 and a current ratio of 0.11. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 19.70, a P/E/G ratio of 4.73 and a beta of 0.14.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Thursday, August 2nd. The real estate investment trust reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.10). Healthcare Realty Trust had a return on equity of 0.72% and a net margin of 2.95%. The company had revenue of $111.60 million for the quarter, compared to the consensus estimate of $111.00 million. During the same quarter last year, the business earned $0.39 EPS. Healthcare Realty Trust’s revenue was up 6.0% on a year-over-year basis. equities research analysts expect that Healthcare Realty Trust Inc will post 1.59 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 30th. Stockholders of record on Wednesday, August 15th were paid a $0.30 dividend. The ex-dividend date was Tuesday, August 14th. This represents a $1.20 annualized dividend and a dividend yield of 3.98%. Healthcare Realty Trust’s payout ratio is 78.43%.

A number of equities analysts have commented on the company. Morgan Stanley lowered Healthcare Realty Trust from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $29.00 to $28.00 in a research note on Thursday, August 16th. Mizuho restated a “hold” rating and set a $28.00 price objective on shares of Healthcare Realty Trust in a research note on Monday, August 13th. Zacks Investment Research upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Friday, August 10th. ValuEngine upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Thursday, July 5th. Finally, Capital One Financial assumed coverage on Healthcare Realty Trust in a research note on Thursday, June 28th. They set an “equal weight” rating and a $30.00 price objective on the stock. Nine equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $29.25.

Healthcare Realty Trust Company 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 June 30, 2018, the Company owned 201 real estate properties in 27 states totaling 14.9 million square feet and was valued at approximately $5.0 billion.

Further Reading: What are the Benefits of Index Funds?

Want to see what other hedge funds are holding HR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Realty Trust Inc (NYSE:HR).

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

Receive News & Ratings for Healthcare Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply