Healthcare Realty Trust Incorporated $HR Stock Position Lifted by Kettle Hill Capital Management LLC

Kettle Hill Capital Management LLC grew its stake in Healthcare Realty Trust Incorporated (NYSE:HRFree Report) by 66.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,374,243 shares of the real estate investment trust’s stock after purchasing an additional 546,494 shares during the quarter. Healthcare Realty Trust comprises about 5.2% of Kettle Hill Capital Management LLC’s holdings, making the stock its 9th biggest holding. Kettle Hill Capital Management LLC’s holdings in Healthcare Realty Trust were worth $23,293,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of HR. Wiser Advisor Group LLC purchased a new position in shares of Healthcare Realty Trust during the third quarter valued at about $25,000. Smartleaf Asset Management LLC lifted its holdings in Healthcare Realty Trust by 179.7% in the third quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 1,033 shares during the period. Eurizon Capital SGR S.p.A. bought a new stake in Healthcare Realty Trust during the 4th quarter valued at approximately $37,000. Danske Bank A S bought a new stake in Healthcare Realty Trust during the 3rd quarter valued at approximately $47,000. Finally, Advisory Services Network LLC purchased a new position in shares of Healthcare Realty Trust during the 3rd quarter worth approximately $55,000.

Healthcare Realty Trust Stock Down 1.1%

HR stock opened at $20.48 on Tuesday. The business has a 50 day moving average of $19.32 and a 200 day moving average of $18.12. The firm has a market cap of $7.09 billion, a PE ratio of -35.30 and a beta of 0.98. Healthcare Realty Trust Incorporated has a twelve month low of $14.69 and a twelve month high of $20.90.

Healthcare Realty Trust (NYSE:HRGet 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 return on equity of 4.29% and a negative net margin of 17.34%.The firm had revenue of $275.28 million for the quarter, compared to analysts’ expectations of $283.01 million. During the same period in the prior year, the firm posted $0.39 earnings per share. The company’s quarterly revenue 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, research analysts expect that Healthcare Realty Trust Incorporated will post 1.61 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed 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. This represents a $0.96 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -165.52%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on HR shares. BTIG Research reissued a “buy” rating and issued a $22.00 target price on shares of Healthcare Realty Trust in a research report on Friday. Royal Bank Of Canada upped their price target on 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. UBS Group increased their price objective on Healthcare Realty Trust from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Scotiabank raised their price objective on Healthcare Realty Trust from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Finally, Weiss Ratings cut shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $20.75.

Get Our Latest Report on Healthcare Realty Trust

About Healthcare Realty Trust

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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