Healthcare Realty Trust Incorporated (NYSE:HR) Shares Sold by Xponance Inc.

Xponance Inc. reduced its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 13.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,309 shares of the real estate investment trust’s stock after selling 6,600 shares during the period. Xponance Inc.’s holdings in Healthcare Realty Trust were worth $714,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Evergreen Capital Management LLC purchased a new stake in Healthcare Realty Trust in the second quarter valued at $291,000. EverSource Wealth Advisors LLC boosted its stake in shares of Healthcare Realty Trust by 260.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,809 shares of the real estate investment trust’s stock worth $50,000 after buying an additional 2,030 shares during the last quarter. Frank Rimerman Advisors LLC purchased a new stake in shares of Healthcare Realty Trust in the second quarter worth about $221,000. Thrivent Financial for Lutherans grew its holdings in Healthcare Realty Trust by 6.7% during the second quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust’s stock worth $78,843,000 after acquiring an additional 301,747 shares during the period. Finally, Sei Investments Co. raised its position in Healthcare Realty Trust by 4.6% during the second quarter. Sei Investments Co. now owns 2,367,735 shares of the real estate investment trust’s stock valued at $39,020,000 after acquiring an additional 103,259 shares in the last quarter.

Insider Buying and Selling

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

Healthcare Realty Trust Stock Up 0.7 %

HR opened at $18.18 on Monday. The firm’s fifty day simple moving average is $17.85 and its two-hundred day simple moving average is $16.26. Healthcare Realty Trust Incorporated has a 52-week low of $12.77 and a 52-week high of $18.90. The company has a market cap of $6.88 billion, a price-to-earnings ratio of -13.67 and a beta of 0.91.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Friday, August 2nd. The real estate investment trust reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $316.30 million during the quarter, compared to analysts’ expectations of $317.90 million. During the same period in the prior year, the business posted $0.39 earnings per share. The company’s quarterly revenue was down 6.4% compared to the same quarter last year. On average, research analysts forecast that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.82%. The ex-dividend date was Monday, August 12th. Healthcare Realty Trust’s dividend payout ratio is presently -93.23%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on HR shares. Wells Fargo & Company cut shares of Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $17.00 to $16.00 in a research note on Tuesday, July 30th. Wedbush increased their price target on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Finally, Scotiabank lifted their price objective on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the company 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 issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus 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.