Gateway Investment Advisers LLC reduced its stake in Healthcare Realty Trust Inc (NYSE:HR) by 0.3% during the third quarter, HoldingsChannel reports. The fund owned 350,187 shares of the real estate investment trust’s stock after selling 1,055 shares during the period. Gateway Investment Advisers LLC’s holdings in Healthcare Realty Trust were worth $11,731,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HR. Marshall Wace North America L.P. purchased a new stake in shares of Healthcare Realty Trust in the first quarter worth $39,000. FMR LLC grew its stake in shares of Healthcare Realty Trust by 3.6% in the first quarter. FMR LLC now owns 5,990,701 shares of the real estate investment trust’s stock worth $192,361,000 after acquiring an additional 209,843 shares during the last quarter. Eii Capital Management Inc. grew its stake in shares of Healthcare Realty Trust by 30.5% in the second quarter. Eii Capital Management Inc. now owns 20,891 shares of the real estate investment trust’s stock worth $654,000 after acquiring an additional 4,878 shares during the last quarter. Carroll Financial Associates Inc. purchased a new stake in shares of Healthcare Realty Trust in the second quarter worth $176,000. Finally, Retirement Systems of Alabama grew its stake in shares of Healthcare Realty Trust by 13.9% in the second quarter. Retirement Systems of Alabama now owns 391,856 shares of the real estate investment trust’s stock worth $12,273,000 after acquiring an additional 47,953 shares during the last quarter. 96.64% of the stock is currently owned by hedge funds and other institutional investors.
Healthcare Realty Trust stock opened at $33.52 on Thursday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.13 and a quick ratio of 0.13. Healthcare Realty Trust Inc has a one year low of $27.04 and a one year high of $34.39. The stock has a market capitalization of $4.35 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 9.69 and a beta of 0.31. The business’s fifty day moving average is $33.38 and its 200 day moving average is $32.36.
Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Tuesday, July 30th. The real estate investment trust reported $0.03 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.37). Healthcare Realty Trust had a net margin of 7.08% and a return on equity of 1.83%. The business had revenue of $116.32 million for the quarter, compared to analysts’ expectations of $114.50 million. During the same period last year, the business earned $0.40 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. As a group, sell-side analysts expect that Healthcare Realty Trust Inc will post 1.58 EPS for the current fiscal year.
Several equities research analysts recently commented on HR shares. Morgan Stanley increased their price objective on Healthcare Realty Trust from $31.00 to $33.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 17th. Citigroup started coverage on Healthcare Realty Trust in a research report on Thursday, June 20th. They set a “neutral” rating and a $34.00 price objective on the stock. Zacks Investment Research cut Healthcare Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday. Capital One Financial reaffirmed an “equal weight” rating on shares of Healthcare Realty Trust in a research report on Thursday, August 1st. Finally, ValuEngine cut Healthcare Realty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $34.20.
Healthcare Realty Trust Profile
Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion.
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