Wealth Enhancement Advisory Services LLC Grows Stock Holdings in Healthcare Realty Trust Incorporated $HR

Wealth Enhancement Advisory Services LLC lifted its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 61.7% during the third quarter, HoldingsChannel.com reports. The firm owned 90,326 shares of the real estate investment trust’s stock after purchasing an additional 34,472 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Healthcare Realty Trust were worth $1,622,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Marble Harbor Investment Counsel LLC grew its holdings in Healthcare Realty Trust by 6.8% during the 2nd quarter. Marble Harbor Investment Counsel LLC now owns 909,932 shares of the real estate investment trust’s stock valued at $14,432,000 after buying an additional 57,609 shares in the last quarter. Liberty One Investment Management LLC increased its holdings in shares of Healthcare Realty Trust by 30.2% in the 3rd quarter. Liberty One Investment Management LLC now owns 407,463 shares of the real estate investment trust’s stock worth $7,347,000 after buying an additional 94,568 shares during the last quarter. Norges Bank purchased a new stake in shares of Healthcare Realty Trust during the 2nd quarter valued at about $66,085,000. Pacer Advisors Inc. bought a new position in shares of Healthcare Realty Trust in the 3rd quarter valued at about $1,237,000. Finally, William Blair Investment Management LLC grew its position in Healthcare Realty Trust by 0.6% in the second quarter. William Blair Investment Management LLC now owns 2,278,809 shares of the real estate investment trust’s stock worth $36,142,000 after acquiring an additional 14,015 shares in the last quarter.

Healthcare Realty Trust Stock Performance

Shares of Healthcare Realty Trust stock opened at $16.77 on Friday. The company has a market capitalization of $5.90 billion, a PE ratio of -15.82 and a beta of 0.96. The company has a 50-day simple moving average of $17.22 and a two-hundred day simple moving average of $17.40. Healthcare Realty Trust Incorporated has a one year low of $14.09 and a one year high of $18.97.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. The firm had revenue of $297.77 million during the quarter, compared to analyst estimates of $291.10 million. Healthcare Realty Trust had a negative net margin of 30.51% and a negative return on equity of 7.32%. Healthcare Realty Trust’s revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.39 EPS. On average, equities analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday. Wells Fargo & Company upped their price target on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Royal Bank Of Canada assumed coverage on shares of Healthcare Realty Trust in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 price objective for the company. Citigroup increased their price target on Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $19.13.

Healthcare Realty Trust Profile

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.