Robert Hull Sells 21,000 Shares of Healthcare Realty Trust (NYSE:HR) Stock

Healthcare Realty Trust Incorporated (NYSE:HR) COO Robert Hull sold 21,000 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total transaction of $401,310.00. Following the sale, the chief operating officer owned 276,338 shares in the company, valued at approximately $5,280,819.18. This trade represents a 7.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Healthcare Realty Trust Price Performance

NYSE:HR opened at $18.88 on Friday. The firm’s 50-day moving average price is $20.11 and its 200-day moving average price is $19.41. The company has a market capitalization of $6.47 billion, a PE ratio of -72.60 and a beta of 0.95. Healthcare Realty Trust Incorporated has a 1-year low of $16.31 and a 1-year high of $22.04.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.40 by ($0.53). The business had revenue of $278.58 million for the quarter, compared to the consensus estimate of $271.60 million. Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%.The company’s revenue was down 5.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.41 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. Equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.65 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th were paid a $0.24 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $0.96 annualized dividend and a dividend yield of 5.1%. Healthcare Realty Trust’s dividend payout ratio is presently -369.23%.

Institutional Investors Weigh In On Healthcare Realty Trust

Institutional investors have recently modified their holdings of the business. Jupiter Asset Management Ltd. purchased a new stake in Healthcare Realty Trust during the fourth quarter valued at $31,810,000. Harbour Investments Inc. boosted its position in 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 during the last quarter. Fifth Third Bancorp grew its stake in shares of Healthcare Realty Trust by 1,293.6% during the 1st quarter. Fifth Third Bancorp now owns 295,660 shares of the real estate investment trust’s stock valued at $5,023,000 after purchasing an additional 274,445 shares during the period. PGGM Investments bought a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at about $113,389,000. Finally, LSV Asset Management purchased a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at about $1,905,000.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Royal Bank Of Canada boosted their target price on Healthcare Realty Trust from $21.00 to $22.00 and gave the stock a “sector perform” rating in a report on Friday, August 7th. BTIG Research reaffirmed a “buy” rating and issued a $22.00 price target on shares of Healthcare Realty Trust in a research report on Friday, June 12th. Raymond James Financial began coverage on shares of Healthcare Realty Trust in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $24.00 price target on the stock. JPMorgan Chase & Co. raised their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Finally, Cantor Fitzgerald lifted their target price on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $21.89.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated is a real estate investment trust focused on owning, developing, acquiring, leasing and managing outpatient healthcare properties. Its portfolio primarily includes medical office buildings and other facilities that support outpatient care, such as ambulatory care centers and healthcare campuses.

The company serves healthcare providers across the United States, with properties generally located near hospitals and in major and growing markets. Its customers include health systems, physician groups and other healthcare providers.