Jupiter Asset Management Ltd. purchased a new position in Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,876,671 shares of the real estate investment trust’s stock, valued at approximately $31,810,000. Jupiter Asset Management Ltd. owned approximately 0.53% of Healthcare Realty Trust as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also bought and sold shares of HR. Allianz Asset Management GmbH lifted its holdings in Healthcare Realty Trust by 36.3% in the third quarter. Allianz Asset Management GmbH now owns 527,024 shares of the real estate investment trust’s stock worth $9,502,000 after acquiring an additional 140,396 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in Healthcare Realty Trust by 8.8% in the third quarter. Thrivent Financial for Lutherans now owns 5,018,021 shares of the real estate investment trust’s stock worth $90,475,000 after acquiring an additional 404,855 shares during the last quarter. Aberdeen Group plc lifted its holdings in Healthcare Realty Trust by 26.2% in the fourth quarter. Aberdeen Group plc now owns 391,201 shares of the real estate investment trust’s stock worth $6,631,000 after acquiring an additional 81,273 shares during the last quarter. Cinctive Capital Management LP lifted its holdings in Healthcare Realty Trust by 258.9% in 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 acquiring an additional 136,734 shares during the last quarter. Finally, Bayhunt Capital LLC bought a new position in Healthcare Realty Trust in the fourth quarter worth about $6,216,000.
Insider Buying and Selling
In other 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 purchased at an average price of $18.09 per share, with a total value of $180,900.00. Following the completion of the acquisition, the director directly owned 85,520 shares in the company, valued at approximately $1,547,056.80. This trade represents a 13.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is currently owned by insiders.
Analyst Ratings Changes
View Our Latest Stock Analysis on HR
Healthcare Realty Trust Trading Down 0.5%
HR opened at $20.10 on Friday. The business’s 50 day moving average is $18.68 and its 200-day moving average is $17.95. The stock has a market cap of $6.97 billion, a PE ratio of -34.66 and a beta of 0.97. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $20.61.
Healthcare Realty Trust (NYSE:HR – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $275.28 million for the quarter, compared to analysts’ expectations of $283.01 million. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.The business’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, analysts forecast that Healthcare Realty Trust Incorporated will post 1.61 EPS for the current year.
Healthcare Realty Trust Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.96 annualized dividend and a yield of 4.8%. Healthcare Realty Trust’s payout ratio is presently -165.52%.
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.
Further Reading
- Five stocks we like better than Healthcare Realty Trust
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Want to see what other hedge funds are holding HR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Realty Trust Incorporated (NYSE:HR – Free Report).
Receive News & Ratings for Healthcare Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.
