AMG National Trust Bank Takes Position in Healthcare Realty Trust Incorporated $HR

AMG National Trust Bank purchased a new stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 116,184 shares of the real estate investment trust’s stock, valued at approximately $1,974,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Wiser Advisor Group LLC purchased a new position in shares of Healthcare Realty Trust during the 3rd quarter worth approximately $25,000. Eurizon Capital SGR S.p.A. purchased a new position in shares of Healthcare Realty Trust in the 4th quarter valued at approximately $37,000. Prosperity Bancshares Inc purchased a new position in shares of Healthcare Realty Trust in the 4th quarter valued at approximately $42,000. Danske Bank A S bought a new stake in shares of Healthcare Realty Trust during the third quarter valued at approximately $47,000. Finally, Inspire Investing LLC bought a new stake in shares of Healthcare Realty Trust during the first quarter valued at approximately $45,000.

Analyst Upgrades and Downgrades

HR has been the subject of a number of research reports. JPMorgan Chase & Co. increased their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Wells Fargo & Company boosted their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. UBS Group upped their target price on shares of Healthcare Realty Trust from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Raymond James Financial started 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 for the company. Finally, Scotiabank lifted their price target on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $21.67.

Healthcare Realty Trust Stock Up 0.4%

HR stock opened at $20.89 on Wednesday. The business has a 50 day moving average of $20.27 and a 200 day moving average of $18.57. The firm has a market cap of $7.24 billion, a PE ratio of -36.01 and a beta of 0.98. Healthcare Realty Trust Incorporated has a twelve month low of $15.28 and a twelve month high of $20.95.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate 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 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 company posted $0.39 earnings per share. The company’s revenue for the quarter was down 7.7% compared to the same quarter last year. 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 1.63 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, May 11th. Healthcare Realty Trust’s payout ratio is currently -165.52%.

Insider Activity

In related news, CAO Amanda L. Callaway sold 25,767 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $20.37, for a total value of $524,873.79. Following the transaction, the chief accounting officer owned 109,954 shares in the company, valued at $2,239,762.98. The trade was a 18.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.56% of the stock is currently owned by corporate insiders.

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.