Jones Financial Companies Lllp Buys 1,249 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Jones Financial Companies Lllp lifted its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 68.7% in the 4th quarter, HoldingsChannel reports. The fund owned 3,067 shares of the real estate investment trust’s stock after purchasing an additional 1,249 shares during the quarter. Jones Financial Companies Lllp’s holdings in Healthcare Realty Trust were worth $52,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its position in Healthcare Realty Trust by 59.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 612 shares in the last quarter. Blue Trust Inc. increased its position in Healthcare Realty Trust by 130.3% during the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 925 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in Healthcare Realty Trust during the 3rd quarter valued at about $65,000. Wilmington Savings Fund Society FSB acquired a new position in Healthcare Realty Trust during the 3rd quarter valued at about $78,000. Finally, Allworth Financial LP increased its position in Healthcare Realty Trust by 118.8% during the 4th quarter. Allworth Financial LP now owns 5,152 shares of the real estate investment trust’s stock valued at $85,000 after buying an additional 2,797 shares in the last quarter.

Healthcare Realty Trust Stock Performance

Healthcare Realty Trust stock opened at $16.76 on Tuesday. The business’s 50-day simple moving average is $16.59 and its two-hundred day simple moving average is $17.29. The company has a market cap of $5.88 billion, a PE ratio of -9.42 and a beta of 0.97. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.91 and a fifty-two week high of $18.90.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share 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 for the quarter, compared to the consensus estimate of $303.81 million. During the same quarter in the previous year, the business earned $0.39 EPS. The company’s quarterly revenue was down 6.3% compared to the same quarter last year. As a group, analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be paid a $0.31 dividend. The ex-dividend date is Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.40%. Healthcare Realty Trust’s payout ratio is -69.66%.

Wall Street Analyst Weigh In

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

About Healthcare Realty Trust

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.