AlphaQuest LLC Sells 200,331 Shares of Healthcare Realty Trust Incorporated (NYSE:HR)

AlphaQuest LLC cut its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 90.5% in the 4th quarter, Holdings Channel reports. The firm owned 21,017 shares of the real estate investment trust’s stock after selling 200,331 shares during the period. AlphaQuest LLC’s holdings in Healthcare Realty Trust were worth $356,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Capital Investment Advisors LLC lifted its position in shares of Healthcare Realty Trust by 31.0% during the 4th quarter. Capital Investment Advisors LLC now owns 469,323 shares of the real estate investment trust’s stock worth $7,955,000 after buying an additional 111,125 shares during the last quarter. Cerity Partners LLC raised its stake in Healthcare Realty Trust by 106.4% during the third quarter. Cerity Partners LLC now owns 77,545 shares of the real estate investment trust’s stock worth $1,407,000 after acquiring an additional 39,975 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Healthcare Realty Trust in the third quarter worth about $849,000. Stifel Financial Corp lifted its holdings in shares of Healthcare Realty Trust by 13.4% in the third quarter. Stifel Financial Corp now owns 84,728 shares of the real estate investment trust’s stock worth $1,538,000 after acquiring an additional 10,044 shares during the last quarter. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at approximately $399,000.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. StockNews.com downgraded shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, March 5th. Scotiabank cut their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating on the stock in a report on Tuesday, February 25th. Wedbush restated an “outperform” rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a research report on Thursday, February 20th. Wells Fargo & Company dropped their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a research report on Monday, March 10th. Finally, Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their price target for the stock from $19.00 to $17.00 in a report on Thursday, January 2nd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Healthcare Realty Trust has a consensus rating of “Hold” and an average price target of $17.00.

Insiders Place Their Bets

In other news, COO Robert E. Hull sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total transaction of $174,800.00. Following the completion of the sale, the chief operating officer now owns 171,400 shares of the company’s stock, valued at $2,996,072. This trade represents a 5.51 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Trading Up 2.1 %

Shares of HR stock opened at $16.65 on Friday. The stock has a 50-day moving average of $16.58 and a 200-day moving average of $17.31. The stock has a market cap of $5.84 billion, a price-to-earnings ratio of -9.35 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 1-year low of $12.77 and a 1-year high of $18.90.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter last year, the business earned $0.39 EPS. The company’s revenue was down 6.3% compared to the same quarter last year. Sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a yield of 7.45%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -69.66%.

Healthcare Realty Trust Profile

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.