Channing Capital Management buys $54,785,484 stake in Healthcare Realty Trust Inc (HR)

Healthcare Realty Trust Inc (HR) : Channing Capital Management scooped up 124,175 additional shares in Healthcare Realty Trust Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 1,560,840 shares of Healthcare Realty Trust Inc which is valued at $54,785,484.Healthcare Realty Trust Inc makes up approximately 2.20% of Channing Capital Management’s portfolio.

Other Hedge Funds, Including , California State Teachers Retirement System boosted its stake in HR in the latest quarter, The investment management firm added 5,991 additional shares and now holds a total of 219,235 shares of Healthcare Realty Trust Inc which is valued at $7,695,149. Healthcare Realty Trust Inc makes up approx 0.02% of California State Teachers Retirement System’s portfolio.American Century Companies Inc boosted its stake in HR in the latest quarter, The investment management firm added 559,820 additional shares and now holds a total of 665,832 shares of Healthcare Realty Trust Inc which is valued at $23,557,136. Healthcare Realty Trust Inc makes up approx 0.03% of American Century Companies Inc’s portfolio.Checchi Capital Advisers boosted its stake in HR in the latest quarter, The investment management firm added 1,071 additional shares and now holds a total of 1,510 shares of Healthcare Realty Trust Inc which is valued at $53,998. Healthcare Realty Trust Inc makes up approx 0.01% of Checchi Capital Advisers’s portfolio.Sonora Investment Management reduced its stake in HR by selling 1,500 shares or 5.66% in the most recent quarter. The Hedge Fund company now holds 24,980 shares of HR which is valued at $878,047. Healthcare Realty Trust Inc makes up approx 0.48% of Sonora Investment Management’s portfolio.Gateway Investment Advisers reduced its stake in HR by selling 25,382 shares or 6.48% in the most recent quarter. The Hedge Fund company now holds 366,355 shares of HR which is valued at $12,987,285. Healthcare Realty Trust Inc makes up approx 0.11% of Gateway Investment Advisers’s portfolio.

Healthcare Realty Trust Inc opened for trading at $36.08 and hit $36.6 on the upside on Thursday, eventually ending the session at $35.71, with a gain of 1.74% or 0.61 points. The heightened volatility saw the trading volume jump to 9,84,859 shares. Company has a market cap of $3,743 M.

On the company’s financial health, Healthcare Realty Trust Inc reported $0.42 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.43. The company had revenue of $102.60 million for the quarter, compared to analysts expectations of $101.04 million. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.

Many Wall Street Analysts have commented on Healthcare Realty Trust Inc. Company shares were Reiterated by Stifel on Aug 4, 2016 to “Buy”, Firm has raised the Price Target to $ 36 from a previous price target of $34 .Healthcare Realty Trust Inc was Downgraded by JMP Securities to ” Mkt Underperform” on Jun 22, 2016. Company shares were Reiterated by Stifel on May 5, 2016 to “Buy”, Firm has raised the Price Target to $ 34 from a previous price target of $31 .

Healthcare Realty Trust Incorporated (Healthcare Realty) is a self-managed and self-administered real estate investment trust. The Company owns manages finances and develops income-producing real estate properties associated with the delivery of outpatient healthcare services throughout the United States. The Company provides property management services to approximately 9 million square feet across the nation. The Company has investments of approximately $3 billion in over 199 real estate properties mortgages land held for development and corporate property. The Company’s 198 owned real estate properties are located in 30 states and total approximately 14.2 million square feet. The Company’s real estate portfolio is leased to a tenant base and has approximately 144 leases with this tenant in 22 buildings throughout north and central Texas including buildings at eight different hospital campuses.

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