Handelsbanken Fonder AB reduced its stake in Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 32.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 161,276 shares of the real estate investment trust’s stock after selling 79,000 shares during the period. Handelsbanken Fonder AB’s holdings in Healthcare Realty Trust were worth $2,734,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in HR. Wiser Advisor Group LLC acquired a new stake in shares of Healthcare Realty Trust in the 3rd quarter worth approximately $25,000. Smartleaf Asset Management LLC lifted its stake in shares of Healthcare Realty Trust by 179.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,033 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of Healthcare Realty Trust in the 3rd quarter worth approximately $32,000. Danske Bank A S acquired a new stake in shares of Healthcare Realty Trust in the 3rd quarter worth approximately $47,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Healthcare Realty Trust in the 3rd quarter worth approximately $55,000.
Insider Activity at Healthcare Realty Trust
In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $18.09 per share, for a total transaction of $180,900.00. Following the acquisition, the director directly owned 85,520 shares of the company’s stock, valued at $1,547,056.80. This trade represents a 13.24% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. 0.56% of the stock is owned by insiders.
Healthcare Realty Trust Price Performance
Healthcare Realty Trust (NYSE:HR – Get Free Report) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The business had revenue of $275.28 million for the quarter, compared to the consensus estimate of $283.01 million. During the same period in the previous year, the firm earned $0.39 EPS. The business’s revenue for the quarter was down 7.7% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, analysts anticipate that Healthcare Realty Trust Incorporated will post 1.61 earnings per share for the current year.
Healthcare Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Monday, May 11th. Healthcare Realty Trust’s payout ratio is presently -165.52%.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on HR. Royal Bank Of Canada upped their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 14th. Scotiabank upped their price target on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Cantor Fitzgerald upped their price target on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Weiss Ratings lowered shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Citigroup boosted their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $20.25.
Read Our Latest Research Report on HR
About Healthcare Realty Trust
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.
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