Healthcare Realty Trust Incorporated (NYSE:HR) Short Interest Update

Healthcare Realty Trust Incorporated (NYSE:HR) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 9,780,000 shares, a decrease of 12.8% from the February 28th total of 11,220,000 shares. Based on an average daily volume of 2,600,000 shares, the days-to-cover ratio is presently 3.8 days. Currently, 2.8% of the shares of the stock are sold short.

Hedge Funds Weigh In On Healthcare Realty Trust

A number of large investors have recently bought and sold shares of HR. Cerity Partners LLC raised its holdings in Healthcare Realty Trust by 106.4% during the 3rd quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust’s stock valued at $1,407,000 after buying an additional 39,975 shares during the last quarter. CreativeOne Wealth LLC bought a new position in shares of Healthcare Realty Trust during the third quarter valued at about $213,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Healthcare Realty Trust by 358.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,142,110 shares of the real estate investment trust’s stock worth $38,879,000 after purchasing an additional 1,674,583 shares during the period. Walleye Capital LLC bought a new stake in shares of Healthcare Realty Trust in the third quarter worth about $965,000. Finally, Captrust Financial Advisors increased its holdings in Healthcare Realty Trust by 27.2% during the 3rd quarter. Captrust Financial Advisors now owns 31,562 shares of the real estate investment trust’s stock valued at $573,000 after purchasing an additional 6,747 shares during the period.

Healthcare Realty Trust Trading Up 0.0 %

Shares of NYSE HR opened at $16.91 on Wednesday. The stock’s 50-day moving average is $16.67 and its 200 day moving average is $17.19. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of -9.50 and a beta of 0.97. Healthcare Realty Trust has a 1-year low of $13.64 and a 1-year high of $18.90.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share for the quarter, topping 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 firm had revenue of $309.77 million during the quarter, compared to analyst estimates of $303.81 million. During the same period in the previous year, the business posted $0.39 EPS. The business’s quarterly revenue was down 6.3% on a year-over-year basis. On average, analysts forecast that Healthcare Realty Trust will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.34%. The ex-dividend date of this dividend was Monday, March 3rd. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -69.66%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Jefferies Financial Group cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and decreased their price target for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. Wedbush reaffirmed an “outperform” rating and issued a $16.00 price target on shares of Healthcare Realty Trust in a report on Thursday, February 20th. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price objective for the company. in a report on Friday, December 20th. StockNews.com downgraded shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, March 27th. Finally, Scotiabank cut their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, Healthcare Realty Trust currently has a consensus rating of “Hold” and an average target price 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.