Healthcare Realty Trust (NYSE:HR) CAO Sells 25,767 Shares

Healthcare Realty Trust Incorporated (NYSE:HR) CAO Amanda Callaway sold 25,767 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $20.37, for a total transaction of $524,873.79. Following the sale, the chief accounting officer owned 109,954 shares of the company’s stock, valued at $2,239,762.98. This trade represents a 18.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

Healthcare Realty Trust Stock Up 1.3%

HR traded up $0.27 during trading on Tuesday, hitting $20.43. 700,392 shares of the company’s stock were exchanged, compared to its average volume of 3,888,727. Healthcare Realty Trust Incorporated has a fifty-two week low of $15.23 and a fifty-two week high of $20.90. The stock has a market cap of $7.08 billion, a P/E ratio of -35.20 and a beta of 0.98. The business’s 50 day moving average is $19.58 and its two-hundred day moving average is $18.18.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $275.28 million during the quarter, compared to analysts’ expectations of $283.01 million. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The business’s revenue was down 7.7% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.62 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were paid a dividend of $0.24 per share. The ex-dividend date was Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a yield of 4.7%. Healthcare Realty Trust’s payout ratio is -165.52%.

Institutional Investors Weigh In On Healthcare Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in HR. Aberdeen Group plc raised its stake in Healthcare Realty Trust by 26.2% in the 4th quarter. Aberdeen Group plc now owns 391,201 shares of the real estate investment trust’s stock valued at $6,631,000 after acquiring an additional 81,273 shares during the period. Jupiter Asset Management Ltd. bought a new position in Healthcare Realty Trust during the fourth quarter worth about $31,810,000. Cinctive Capital Management LP boosted its position in Healthcare Realty Trust by 258.9% during the third quarter. Cinctive Capital Management LP now owns 189,551 shares of the real estate investment trust’s stock worth $3,418,000 after purchasing an additional 136,734 shares during the period. Bayhunt Capital LLC purchased a new position in shares of Healthcare Realty Trust in the fourth quarter worth about $6,216,000. Finally, Harbour Investments Inc. increased its stake in shares of Healthcare Realty Trust by 3,394.4% in the fourth quarter. Harbour Investments Inc. now owns 70,167 shares of the real estate investment trust’s stock worth $1,189,000 after purchasing an additional 68,159 shares in the last quarter.

Wall Street Analyst Weigh In

HR has been the subject of several analyst reports. Weiss Ratings downgraded Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Raymond James Financial began coverage on Healthcare Realty Trust in a research report on Tuesday, June 16th. They set an “outperform” rating and a $24.00 target price on the stock. Scotiabank upped their price target on Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. UBS Group increased their price target on Healthcare Realty Trust from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, May 13th. Finally, Cantor Fitzgerald raised their price objective on Healthcare Realty Trust from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Healthcare Realty Trust presently has a consensus rating of “Hold” and an average price target of $21.11.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.