Eii Capital Management Inc. grew its position in Healthcare Realty Trust Inc (NYSE:HR) by 30.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,891 shares of the real estate investment trust’s stock after acquiring an additional 4,878 shares during the period. Eii Capital Management Inc.’s holdings in Healthcare Realty Trust were worth $654,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently made changes to their positions in HR. First Trust Advisors LP raised its stake in Healthcare Realty Trust by 4.2% during the 4th quarter. First Trust Advisors LP now owns 23,845 shares of the real estate investment trust’s stock valued at $678,000 after purchasing an additional 960 shares during the period. PNC Financial Services Group Inc. raised its stake in Healthcare Realty Trust by 12.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,370 shares of the real estate investment trust’s stock valued at $153,000 after purchasing an additional 578 shares during the period. Raymond James & Associates raised its stake in Healthcare Realty Trust by 36.7% during the 4th quarter. Raymond James & Associates now owns 27,343 shares of the real estate investment trust’s stock valued at $778,000 after purchasing an additional 7,344 shares during the period. Commonwealth Equity Services LLC raised its stake in Healthcare Realty Trust by 35.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 12,770 shares of the real estate investment trust’s stock valued at $363,000 after purchasing an additional 3,318 shares during the period. Finally, Hsbc Holdings PLC raised its stake in Healthcare Realty Trust by 5.1% during the 4th quarter. Hsbc Holdings PLC now owns 19,292 shares of the real estate investment trust’s stock valued at $549,000 after purchasing an additional 936 shares during the period. 94.55% of the stock is owned by institutional investors.
Several analysts have issued reports on the stock. Citigroup set a $5.00 target price on shares of Forum Energy Technologies and gave the company a “buy” rating in a research note on Thursday, June 20th. Morgan Stanley set a $111.00 price target on shares of Procter & Gamble and gave the company a “buy” rating in a report on Thursday, March 28th. Raymond James restated a “neutral” rating and set a $35.00 price target on shares of Stantec in a report on Monday, May 13th. ValuEngine upgraded shares of Zynerba Pharmaceuticals from a “hold” rating to a “buy” rating in a report on Friday, May 17th. Finally, TheStreet cut shares of Stitch Fix from a “c-” rating to a “d+” rating in a report on Monday, May 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Healthcare Realty Trust currently has an average rating of “Hold” and an average target price of $32.75.
Shares of Healthcare Realty Trust stock traded up $0.23 on Tuesday, hitting $32.02. 634,563 shares of the company traded hands, compared to its average volume of 666,781. The stock’s 50-day moving average is $32.33. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.18 and a current ratio of 0.18. Healthcare Realty Trust Inc has a 12-month low of $26.98 and a 12-month high of $33.51. The company has a market cap of $4.12 billion, a P/E ratio of 20.39, a PEG ratio of 9.22 and a beta of 0.36.
Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, May 1st. The real estate investment trust reported $0.39 EPS for the quarter, meeting the consensus estimate of $0.39. Healthcare Realty Trust had a net margin of 14.52% and a return on equity of 3.73%. The business had revenue of $112.66 million for the quarter, compared to analysts’ expectations of $114.57 million. During the same period in the previous year, the company posted $0.40 EPS. Healthcare Realty Trust’s revenue was up .5% on a year-over-year basis. Equities analysts expect that Healthcare Realty Trust Inc will post 1.57 EPS for the current fiscal year.
Healthcare Realty Trust Company 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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