Truist Financial Corp Sells 13,944 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Truist Financial Corp cut its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 14.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,389 shares of the real estate investment trust’s stock after selling 13,944 shares during the quarter. Truist Financial Corp owned approximately 0.06% of Healthcare Realty Trust worth $2,483,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Daiwa Securities Group Inc. grew its holdings in Healthcare Realty Trust by 8.0% during the third quarter. Daiwa Securities Group Inc. now owns 39,204 shares of the real estate investment trust’s stock worth $1,167,000 after purchasing an additional 2,889 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Healthcare Realty Trust by 5.4% in the third quarter. PNC Financial Services Group Inc. now owns 6,001 shares of the real estate investment trust’s stock valued at $178,000 after buying an additional 307 shares during the last quarter. Chilton Capital Management LLC boosted its stake in shares of Healthcare Realty Trust by 7.9% during the 3rd quarter. Chilton Capital Management LLC now owns 301,783 shares of the real estate investment trust’s stock worth $8,987,000 after acquiring an additional 22,211 shares during the period. Bbva USA boosted its stake in shares of Healthcare Realty Trust by 31.9% during the 3rd quarter. Bbva USA now owns 2,479 shares of the real estate investment trust’s stock worth $74,000 after acquiring an additional 599 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in shares of Healthcare Realty Trust by 9.5% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 58,563 shares of the real estate investment trust’s stock worth $1,744,000 after acquiring an additional 5,099 shares during the period. 96.56% of the stock is currently owned by hedge funds and other institutional investors.

HR has been the subject of several research analyst reports. Zacks Investment Research downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, December 8th. BMO Capital Markets downgraded Healthcare Realty Trust from an “outperform” rating to a “market perform” rating and set a $34.00 target price for the company. in a research note on Friday, January 7th. Finally, TheStreet downgraded Healthcare Realty Trust from a “b-” rating to a “c+” rating in a research note on Tuesday, November 30th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $33.00.

HR opened at $31.46 on Friday. The business has a fifty day simple moving average of $31.81 and a 200 day simple moving average of $31.31. The company has a market capitalization of $4.64 billion, a PE ratio of 165.59 and a beta of 0.61. Healthcare Realty Trust Incorporated has a 1 year low of $28.73 and a 1 year high of $33.77. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.20 and a quick ratio of 0.20.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, November 3rd. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.45). Healthcare Realty Trust had a net margin of 5.57% and a return on equity of 1.43%. During the same period in the prior year, the company earned $0.41 earnings per share. Equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.71 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 30th. Stockholders of record on Monday, November 15th were given a dividend of $0.3025 per share. The ex-dividend date was Friday, November 12th. This represents a $1.21 dividend on an annualized basis and a dividend yield of 3.85%. Healthcare Realty Trust’s payout ratio is 636.88%.

Healthcare Realty Trust Profile

Healthcare Realty Trust, Inc is a real estate investment trust. 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.

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

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