John M. Bryant, Jr. sells 2,896 shares of Healthcare Realty Trust Incorporated (NYSE: HR)
Healthcare Realty Trust Incorporated (NYSE: HR) executive vice president John M. Bryant, Jr. sold 2,896 shares of the company in a transaction dated Thursday, September 23. The stock was sold at an average price of $ 31.01, for a total trade of $ 89,804.96. The sale was disclosed in a document filed with the SEC, which is available on the SEC’s website.
Healthcare Realty Trust stock traded down $ 0.56 during trading hours on Friday, reaching $ 30.48. 1,272,002 shares of the company were traded in the hands, compared to its average volume of 972,443. The company has a leverage ratio of 0.78, a quick ratio of 0.25 and a current ratio of 0 , 25. Healthcare Realty Trust Incorporated has a 52 week low of $ 27.18 and a 52 week high of $ 34.01. The company has a market cap of $ 4.44 billion, a price-to-earnings ratio of 114.97 and a beta of 0.58. The company’s 50-day moving average is $ 30.72 and its 200-day moving average is $ 30.86.
Healthcare Realty Trust (NYSE: HR) last released its results on Wednesday, August 4. The real estate investment trust reported earnings per share (EPS) of $ 0.16 for the quarter, missing analyst consensus estimates of $ 0.43 ($ 0.27). Healthcare Realty Trust had a net margin of 7.70% and a return on equity of 1.99%. The company posted revenue of $ 131.42 million for the quarter, compared to analysts’ estimates of $ 132.29 million. In the same quarter of the previous year, the company posted earnings per share of $ 0.42. The company’s revenue for the quarter increased 6.3% year-over-year. Analysts predict Healthcare Realty Trust Incorporated will post 1.72 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, August 31. Shareholders of record on Monday August 16 received a dividend of $ 0.3025. The ex-dividend date was Friday August 13. This represents a dividend of $ 1.21 on an annualized basis and a dividend yield of 3.97%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently 73.33%.
Several hedge funds have recently changed their positions in HR. Marshall Wace North America LP purchased a new equity stake in Healthcare Realty Trust during the 1st quarter valued at approximately $ 39,000. Commonwealth Equity Services LLC increased its stake in Healthcare Realty Trust shares by 3.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 11,281 real estate investment trust shares valued at $ 342,000 after acquiring an additional 413 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Healthcare Realty Trust shares by 45.9% in the 1st quarter. Envestnet Asset Management Inc. now owns 145,785 real estate investment trust shares valued at $ 4,420,000 after acquiring 45,860 additional shares during the last quarter. Standard Life Aberdeen plc increased its stake in Healthcare Realty Trust by 53.0% during the 1st quarter. Standard Life Aberdeen plc now owns 13,214 real estate investment trust shares worth $ 401,000 after purchasing an additional 4,580 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Healthcare Realty Trust by 6.8% during the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Now owns 48,791 Real Estate Investment Trust shares valued at $ 1,479,000 after purchasing an additional 3,126 shares in the last quarter. 94.50% of the capital is held by institutional investors.
Several research analysts recently published reports on HR stocks. Zacks Investment Research downgraded Healthcare Realty Trust shares from a âbuyâ rating to a âholdâ rating in a research report released on Thursday, August 5. Morgan Stanley raised its price target for Healthcare Realty Trust shares from $ 31.00 to $ 33.00 and gave the stock an “equal weight” rating in a research report released Thursday, July 29. TheStreet downgraded Healthcare Realty Trust shares from a âb-â rating to a âcâ rating in a research report on Monday, August 9. Finally, Raymond James downgraded Healthcare Realty Trust shares from a “strong buy” rating to a “market performance” rating in a research report released on Friday, August 20. Five research analysts rated the stock with a conservation rating and one issued a buy rating for the company. According to data from MarketBeat.com, the stock currently has a consensus rating of âHoldâ and a consensus target price of $ 32.80.
About Healthcare Realty Trust
Healthcare Realty Trust, Inc. is a real estate investment trust. It owns, leases, manages, acquires, finances, develops and redevelopes income producing real estate associated primarily with the provision of ambulatory health care services throughout the United States of America. The company was founded by David R.
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