Thrivent Financial for Lutherans Purchases 380,379 Shares of Healthcare Realty Trust Incorporated $HR

Thrivent Financial for Lutherans raised its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 9.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,613,166 shares of the real estate investment trust’s stock after buying an additional 380,379 shares during the quarter. Thrivent Financial for Lutherans owned about 1.31% of Healthcare Realty Trust worth $73,164,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in HR. SVB Wealth LLC bought a new stake in Healthcare Realty Trust in the 1st quarter valued at about $35,000. Anchor Investment Management LLC bought a new position in Healthcare Realty Trust during the first quarter worth about $38,000. Financial Gravity Companies Inc. purchased a new position in shares of Healthcare Realty Trust in the second quarter worth about $45,000. MTM Investment Management LLC bought a new stake in shares of Healthcare Realty Trust in the second quarter valued at approximately $53,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Healthcare Realty Trust during the 2nd quarter valued at approximately $60,000.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on HR. Cantor Fitzgerald assumed coverage on shares of Healthcare Realty Trust in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $23.00 price objective for the company. Scotiabank raised Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and raised their price target for the stock from $18.00 to $20.00 in a report on Friday, September 5th. Royal Bank Of Canada started coverage on Healthcare Realty Trust in a research note on Wednesday, October 8th. They set a “sector perform” rating and a $19.00 price objective on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 8th. Finally, Raymond James Financial lowered Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $18.89.

Healthcare Realty Trust Stock Performance

Shares of HR stock opened at $17.20 on Monday. Healthcare Realty Trust Incorporated has a 52-week low of $14.09 and a 52-week high of $18.97. The company has a market capitalization of $6.05 billion, a PE ratio of -16.22 and a beta of 0.96. The business’s fifty day moving average is $17.98 and its 200 day moving average is $16.99.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. The business had revenue of $297.77 million during the quarter, compared to analysts’ expectations of $291.10 million. Healthcare Realty Trust had a negative return on equity of 7.32% and a negative net margin of 30.51%.The firm’s revenue was down 6.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. On average, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Tuesday, November 11th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 5.6%. The ex-dividend date was Monday, November 10th. Healthcare Realty Trust’s dividend payout ratio is -90.57%.

Healthcare Realty Trust Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.