Pensionfund Sabic purchased a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 32,582 shares of the real estate investment trust’s stock, valued at approximately $552,000.
Several other institutional investors have also modified their holdings of HR. Wiser Advisor Group LLC acquired a new position in shares of Healthcare Realty Trust in the 3rd quarter valued at approximately $25,000. Smartleaf Asset Management LLC lifted its stake 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 valued at $29,000 after buying an additional 1,033 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in Healthcare Realty Trust in the third quarter valued at approximately $32,000. Danske Bank A S acquired a new position in shares of Healthcare Realty Trust in the third quarter valued at approximately $47,000. Finally, Quent Capital LLC bought a new stake in shares of Healthcare Realty Trust during the third quarter worth $54,000.
Insider Activity at Healthcare Realty Trust
In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 10,000 shares of Healthcare Realty Trust stock in a transaction dated Friday, March 6th. The stock was bought at an average cost of $18.09 per share, for a total transaction of $180,900.00. Following the purchase, the director directly owned 85,520 shares in the company, valued at approximately $1,547,056.80. This represents a 13.24% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 0.37% of the stock is currently owned by corporate insiders.
Healthcare Realty Trust Stock Down 1.0%
Healthcare Realty Trust (NYSE:HR – Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.36). Healthcare Realty Trust had a negative return on equity of 5.07% and a negative net margin of 20.84%.The business had revenue of $282.69 million during the quarter, compared to the consensus estimate of $284.37 million. During the same period in the prior year, the firm earned $0.40 EPS. The business’s revenue for the quarter was down 7.6% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. On average, sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.
Healthcare Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.96 annualized dividend and a yield of 5.6%. Healthcare Realty Trust’s payout ratio is -135.21%.
Wall Street Analyst Weigh In
HR has been the topic of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a research report on Monday, December 29th. Wall Street Zen upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Cantor Fitzgerald lifted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Healthcare Realty Trust has an average rating of “Hold” and a consensus target price of $18.88.
Check Out Our Latest Stock Analysis 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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