Healthcare Realty Trust Incorpo (NYSE:HR) Experiences Heavier than Usual Trading Volume

Gladys Abbott
August 12, 2017

The stock has 117.79 shares outstanding while 97.70% shares of the company were owned by institutional investors. Nuance Investments, LLC added to its stake by buying 72 shares an increase of 0.1%. Prudential Financial Inc. now owns 22,971 shares of the real estate investment trust's stock valued at $1,827,000 after buying an additional 970 shares during the last quarter. Mizuho restated a "neutral" rating on shares of Healthcare Realty Trust in a research report on Wednesday, June 28th. Tiaa Cref Investment Management LLC now owns 378,667 shares worth $12,931,000. Bennicas & Associates Inc. purchased a new position in Healthcare Realty Trust during the first quarter worth about $202,000. Raymond James upgraded the shares of DOC in report on Monday, November 7 to "Strong Buy" rating.

Healthcare Realty Trust Incorporated (NYSE:HR), stock is trading $36.38 above the 52-week high and has displayed a high EPS growth of 47.30% in last 5 years.

Healthcare Realty Trust Incorporated (NYSE:HR) noted the recent trading activity with the slightly up of 0.57% and traded at $31.96.

General Motors Company (NYSE:GM) shares were trading lower by -0.31 percent ($-0.11) at $35.28 a piece in Wednesday's session. The firm has a 50 day moving average price of $34.13 and a 200 day moving average price of $32.58. Healthcare Realty Trust Incorporated has a 52 week low of $26.66 and a 52 week high of $36.38. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 30.74 and a beta of 0.29.

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Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.39 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.40 by $0.01. Empire State Realty Trust had a return on equity of 3.85% and a net margin of 11.67%. The business had revenue of $120.80 million during the quarter, compared to analyst estimates of $118.81 million. This is an increase from Community Healthcare Trust's previous quarterly dividend of $0.39. Equities analysts expect that Healthcare Realty Trust will post $0.75 EPS for the current year. Shareholders of record on Friday, August 11th will be paid a dividend of $0.30 per share. This represents a $0.92 annualized dividend and a yield of 5.13%. The ex-dividend date is Wednesday, August 9th. Healthcare Realty Trust's payout ratio is 114.29%.

COPYRIGHT VIOLATION WARNING: This story was reported by Transcript Daily and is the property of of Transcript Daily. If you are reading this article on another site, it was copied illegally and republished in violation of USA and worldwide copyright laws. Victory Capital Management Inc acquired 66,081 shares as Physicians Realty Trust (DOC)'s stock rose 5.10%.

CHCT has been the subject of several recent analyst reports. Stifel Nicolaus reaffirmed a "buy" rating on shares of Healthcare Realty Trust in a report on Friday, August 4th. Jefferies maintained the shares of DOC in report on Monday, June 12 with "Hold" rating. Healthcare Realty Trust now has a consensus rating of "Hold" and a consensus target price of $34.50. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. Volume was up 963.07% over the stocks average daily volume. The other 7 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. The shares were sold at an average price of $33.51, for a total transaction of $234,570.00. Moreover, Heartland Advisors Inc has 0.98% invested in the company for 1.22 million shares. These risks and uncertainties are described in greater detail in the Company's filings with the Securities and Exchange Commission (the "Commission"), including, without limitation, the Company's annual and periodic reports and other documents filed with the Commission. Brusadelli Maurizio sold $71,672 worth of stock or 1,600 shares. The shares were sold at an average price of $32.45, for a total value of $56,592.80. Following the transaction, the executive vice president now directly owns 58,174 shares of the company's stock, valued at approximately $1,887,746.30. The disclosure for this sale can be found here.

Healthcare Realty Trust Incorporated (HR) declared that the pricing of its underwritten public offering of 7,250,000 newly issued shares of common stock at a public offering price of $30.90 per share. The Trust and its operating partnership are engaged in acquiring, developing, owning and managing healthcare properties that are leased to physicians, hospitals and healthcare delivery systems.

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