Mutual of America Capital Management LLC Sells 10,166 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

Mutual of America Capital Management LLC lowered its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 3.3% during the second quarter, Holdings Channel.com reports. The firm owned 297,454 shares of the real estate investment trust’s stock after selling 10,166 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Healthcare Realty Trust were worth $4,902,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Renaissance Technologies LLC acquired a new stake in Healthcare Realty Trust in the second quarter valued at approximately $10,304,000. Quantbot Technologies LP acquired a new stake in shares of Healthcare Realty Trust in the 2nd quarter worth $3,895,000. Dimensional Fund Advisors LP grew its stake in Healthcare Realty Trust by 7.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,856,286 shares of the real estate investment trust’s stock worth $96,513,000 after buying an additional 395,243 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Healthcare Realty Trust by 24.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,026,566 shares of the real estate investment trust’s stock valued at $16,918,000 after buying an additional 198,874 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its stake in Healthcare Realty Trust by 5.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 56,724 shares of the real estate investment trust’s stock valued at $935,000 after buying an additional 2,906 shares during the last quarter.

Insider Activity

In other Healthcare Realty Trust news, Director John Knox Singleton purchased 6,500 shares of Healthcare Realty Trust stock in a transaction that occurred on Thursday, September 5th. The stock was bought at an average price of $18.24 per share, with a total value of $118,560.00. Following the acquisition, the director now owns 57,082 shares of the company’s stock, valued at approximately $1,041,175.68. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Thomas N. Bohjalian bought 9,000 shares of the business’s stock in a transaction dated Monday, August 12th. The stock was acquired at an average price of $17.39 per share, with a total value of $156,510.00. Following the completion of the purchase, the director now directly owns 22,252 shares of the company’s stock, valued at $386,962.28. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John Knox Singleton purchased 6,500 shares of Healthcare Realty Trust stock in a transaction that occurred on Thursday, September 5th. The shares were bought at an average price of $18.24 per share, with a total value of $118,560.00. Following the transaction, the director now owns 57,082 shares in the company, valued at $1,041,175.68. The disclosure for this purchase can be found here. Insiders have acquired 15,728 shares of company stock worth $279,069 in the last ninety days. Company insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Trading Up 0.2 %

Shares of NYSE:HR opened at $17.94 on Friday. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.90. The business has a 50 day moving average of $17.81 and a two-hundred day moving average of $16.08. The company has a market capitalization of $6.79 billion, a PE ratio of -13.49 and a beta of 0.91.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Friday, August 2nd. The real estate investment trust reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.77). Healthcare Realty Trust had a negative net margin of 42.79% and a negative return on equity of 8.50%. The firm had revenue of $316.30 million during the quarter, compared to analyst estimates of $317.90 million. During the same quarter in the prior year, the firm earned $0.39 earnings per share. The business’s revenue for the quarter was down 6.4% on a year-over-year basis. Equities research analysts predict that Healthcare Realty Trust Incorporated will post 1.56 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 6.91%. The ex-dividend date of this dividend was Monday, August 12th. Healthcare Realty Trust’s payout ratio is currently -93.23%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Wedbush boosted their price target on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a research note on Monday, August 5th. Wells Fargo & Company downgraded shares of Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $17.00 to $16.00 in a research report on Tuesday, July 30th. Finally, Scotiabank raised their price target on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 7th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $17.00.

Healthcare Realty Trust Company Profile

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.