Aew Capital Management L P Has $1.65 Million Stock Holdings in Healthcare Realty Trust Incorporated (NYSE:HR)

Aew Capital Management L P decreased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 95.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 95,710 shares of the real estate investment trust’s stock after selling 1,849,000 shares during the period. Aew Capital Management L P’s holdings in Healthcare Realty Trust were worth $1,649,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in HR. Provence Wealth Management Group acquired a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth approximately $25,000. Lindbrook Capital LLC lifted its stake in Healthcare Realty Trust by 106.0% in the 4th quarter. Lindbrook Capital LLC now owns 1,854 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 954 shares during the last quarter. Quent Capital LLC lifted its stake in Healthcare Realty Trust by 47.4% in the 4th quarter. Quent Capital LLC now owns 1,933 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 622 shares during the last quarter. Legacy Financial Group LLC bought a new position in Healthcare Realty Trust in the 3rd quarter valued at approximately $34,000. Finally, International Assets Investment Management LLC bought a new position in Healthcare Realty Trust in the 4th quarter valued at approximately $45,000.

Healthcare Realty Trust Stock Up 0.8 %

Shares of HR stock traded up $0.11 during trading hours on Friday, hitting $14.14. 3,602,246 shares of the company’s stock traded hands, compared to its average volume of 3,232,147. The stock’s 50 day simple moving average is $13.77 and its 200 day simple moving average is $15.07. The stock has a market cap of $5.39 billion, a PE ratio of -19.11 and a beta of 0.79. Healthcare Realty Trust Incorporated has a 12 month low of $12.77 and a 12 month high of $20.32.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Friday, February 16th. The real estate investment trust reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.51). Healthcare Realty Trust had a negative return on equity of 3.87% and a negative net margin of 20.71%. The firm had revenue of $330.40 million for the quarter, compared to analyst estimates of $334.32 million. During the same quarter last year, the company earned $0.42 earnings per share. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. As a group, equities research analysts expect that Healthcare Realty Trust Incorporated will post 1.56 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 14th. Stockholders of record on Monday, February 26th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 8.77%. The ex-dividend date of this dividend was Friday, February 23rd. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -167.57%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Stifel Nicolaus downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their price objective for the company from $19.00 to $15.00 in a research note on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Healthcare Realty Trust in a research note on Tuesday, January 30th. They issued a “hold” rating and a $18.00 price objective for the company. Wedbush downgraded shares of Healthcare Realty Trust from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $19.00 to $15.00 in a research note on Tuesday, February 20th. JPMorgan Chase & Co. dropped their price objective on shares of Healthcare Realty Trust from $19.00 to $17.00 and set an “overweight” rating for the company in a research note on Wednesday, March 6th. Finally, Wells Fargo & Company dropped their price objective on shares of Healthcare Realty Trust from $18.00 to $15.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $17.20.

Healthcare Realty Trust 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.