Duality Advisers LP Makes New $3.18 Million Investment in Healthcare Realty Trust Inc (NYSE:HR)
Duality Advisers LP purchased a new stake in shares of Healthcare Realty Trust Inc (NYSE:HR) in the second quarter, according to its most recent filing with the SEC. The firm purchased 108,405 shares of the real estate investment trust’s stock, valued at approximately $3,175,000. Duality Advisers LP owned 0.08% of Healthcare Realty Trust at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in HR. Aigen Investment Management LP purchased a new stake in shares of Healthcare Realty Trust in the first quarter valued at about $27,000. Rockefeller Capital Management L.P. acquired a new stake in Healthcare Realty Trust during the 1st quarter valued at $36,000. Marshall Wace North America L.P. purchased a new position in Healthcare Realty Trust during the first quarter worth $39,000. Van ECK Associates Corp raised its holdings in shares of Healthcare Realty Trust by 108.8% in the first quarter. Van ECK Associates Corp now owns 1,620 shares of the real estate investment trust’s stock worth $45,000 after acquiring an additional 844 shares during the last quarter. Finally, Advisor Group Holdings Inc. purchased a new stake in shares of Healthcare Realty Trust in the first quarter valued at $94,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.
A number of equities research analysts have recently commented on the company. Zacks Investment Research downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, July 1st. Raymond James dropped their price objective on shares of Healthcare Realty Trust from $38.00 to $34.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Wells Fargo & Co restated a “hold” rating on shares of Healthcare Realty Trust in a report on Tuesday, April 28th. Citigroup increased their price target on shares of Healthcare Realty Trust from $29.00 to $30.00 and gave the stock a “neutral” rating in a research note on Thursday, July 2nd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Healthcare Realty Trust from $35.00 to $30.00 and set a “neutral” rating for the company in a research note on Friday, April 3rd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $32.00.
Healthcare Realty Trust (NYSE:HR) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.38). Healthcare Realty Trust had a return on equity of 2.11% and a net margin of 8.00%. The company had revenue of $122.60 million during the quarter, compared to the consensus estimate of $122.80 million. During the same period in the previous year, the firm posted $0.39 EPS. Healthcare Realty Trust’s revenue for the quarter was up 10.6% on a year-over-year basis. On average, sell-side analysts anticipate that Healthcare Realty Trust Inc will post 1.62 EPS for the current year.
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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