Oregon Public Employees Retirement Fund Has $1.30 Million Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Oregon Public Employees Retirement Fund decreased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 16.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 78,678 shares of the real estate investment trust’s stock after selling 15,400 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Healthcare Realty Trust were worth $1,297,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in Healthcare Realty Trust by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust’s stock valued at $767,585,000 after purchasing an additional 723,197 shares in the last quarter. APG Asset Management US Inc. grew its holdings in shares of Healthcare Realty Trust by 12.0% during the fourth quarter. APG Asset Management US Inc. now owns 12,566,887 shares of the real estate investment trust’s stock valued at $216,527,000 after buying an additional 1,348,529 shares during the last quarter. Canada Pension Plan Investment Board increased its position in shares of Healthcare Realty Trust by 52.3% during the first quarter. Canada Pension Plan Investment Board now owns 10,942,261 shares of the real estate investment trust’s stock worth $154,833,000 after acquiring an additional 3,758,040 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Healthcare Realty Trust by 2.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,782,253 shares of the real estate investment trust’s stock worth $81,820,000 after acquiring an additional 158,342 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Healthcare Realty Trust by 1.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,553,636 shares of the real estate investment trust’s stock valued at $95,691,000 after acquiring an additional 77,951 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HR. Wedbush boosted their price objective on Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Wells Fargo & Company lowered shares of Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $17.00 to $16.00 in a research note on Tuesday, July 30th. Finally, Scotiabank upped their target price on 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 research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $17.00.

Healthcare Realty Trust Stock Down 0.3 %

Shares of HR stock opened at $17.95 on Monday. The company has a 50 day moving average of $17.55 and a 200-day moving average of $15.77. Healthcare Realty Trust Incorporated has a 12-month low of $12.77 and a 12-month high of $18.47. The firm has a market cap of $6.79 billion, a P/E ratio of -13.50 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 for the quarter, missing the consensus estimate of $0.38 by ($0.77). The business had revenue of $316.30 million during the quarter, compared to analysts’ expectations of $317.90 million. Healthcare Realty Trust had a negative return on equity of 8.50% and a negative net margin of 42.79%. Healthcare Realty Trust’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 EPS. As a group, equities analysts expect that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current year.

Healthcare Realty Trust Announces Dividend

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

Insider Activity

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

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.