Public Employees Retirement System of Ohio Invests $9.94 Million in Healthcare Realty Trust Incorporated $HR

Public Employees Retirement System of Ohio bought a new stake in Healthcare Realty Trust Incorporated (NYSE:HRFree Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 492,685 shares of the real estate investment trust’s stock, valued at approximately $9,937,000. Public Employees Retirement System of Ohio owned 0.14% of Healthcare Realty Trust as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Wiser Advisor Group LLC bought a new stake in Healthcare Realty Trust in the third quarter valued at approximately $25,000. Eurizon Capital SGR S.p.A. bought a new position in shares of Healthcare Realty Trust during the 4th quarter worth approximately $37,000. Versant Capital Management Inc increased its holdings in shares of Healthcare Realty Trust by 48.2% during the 2nd quarter. Versant Capital Management Inc now owns 2,274 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 740 shares during the last quarter. Main Street Group LTD acquired a new position in shares of Healthcare Realty Trust during the 1st quarter worth approximately $42,000. Finally, Prosperity Bancshares Inc acquired a new position in shares of Healthcare Realty Trust during the 4th quarter worth approximately $42,000.

Wall Street Analysts Forecast Growth

HR has been the subject of several research reports. Royal Bank Of Canada raised their price target on Healthcare Realty Trust from $21.00 to $22.00 and gave the company a “sector perform” rating in a report on Friday, August 7th. Cantor Fitzgerald upped their price objective on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, July 31st. BTIG Research reissued a “buy” rating and issued a $22.00 price objective on shares of Healthcare Realty Trust in a research report on Friday, June 12th. UBS Group raised 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 note on Wednesday, July 8th. Finally, Raymond James Financial started coverage on shares of Healthcare Realty Trust in a report on Tuesday, June 16th. They set an “outperform” rating and a $24.00 target price for the company. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $22.00.

Get Our Latest Report on HR

Insiders Place Their Bets

In other news, CAO Amanda L. Callaway sold 25,767 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total transaction of $524,873.79. Following the completion of the sale, the chief accounting officer directly owned 109,954 shares in the company, valued at approximately $2,239,762.98. This represents a 18.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.56% of the stock is owned by corporate insiders.

Healthcare Realty Trust Stock Up 0.1%

Shares of NYSE:HR opened at $19.00 on Tuesday. Healthcare Realty Trust Incorporated has a 12-month low of $16.31 and a 12-month high of $22.04. The company’s 50 day moving average price is $20.32 and its two-hundred day moving average price is $19.34. The firm has a market cap of $6.51 billion, a PE ratio of -73.08 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HRGet Free Report) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.53). The business had revenue of $278.58 million during the quarter, compared to analyst estimates of $271.60 million. Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The firm’s quarterly revenue was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.41 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. On average, research analysts expect that Healthcare Realty Trust Incorporated will post 1.65 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Tuesday, August 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is -369.23%.

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.

Recommended Stories

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:HRFree Report).

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

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.