Bank of Montreal Can Raises Position in Healthcare Realty Trust Incorporated $HR

Bank of Montreal Can lifted its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 8.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 69,916 shares of the real estate investment trust’s stock after buying an additional 5,677 shares during the period. Bank of Montreal Can’s holdings in Healthcare Realty Trust were worth $1,109,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of HR. Presima Securities ULC lifted its stake in Healthcare Realty Trust by 2.0% during the 2nd quarter. Presima Securities ULC now owns 124,656 shares of the real estate investment trust’s stock valued at $1,977,000 after acquiring an additional 2,453 shares in the last quarter. Strs Ohio raised its holdings in shares of Healthcare Realty Trust by 46.9% in the second quarter. Strs Ohio now owns 407,918 shares of the real estate investment trust’s stock valued at $6,470,000 after purchasing an additional 130,154 shares during the last quarter. Teacher Retirement System of Texas lifted its position in shares of Healthcare Realty Trust by 19.5% during the second quarter. Teacher Retirement System of Texas now owns 76,378 shares of the real estate investment trust’s stock valued at $1,211,000 after purchasing an additional 12,485 shares in the last quarter. Solstein Capital LLC purchased a new position in Healthcare Realty Trust during the second quarter worth about $135,000. Finally, Envestnet Asset Management Inc. grew its position in Healthcare Realty Trust by 25.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 974,180 shares of the real estate investment trust’s stock worth $15,450,000 after purchasing an additional 196,690 shares in the last quarter.

Healthcare Realty Trust Trading Up 0.4%

Shares of NYSE HR opened at $18.16 on Friday. The stock has a fifty day simple moving average of $18.10 and a two-hundred day simple moving average of $16.57. Healthcare Realty Trust Incorporated has a 1-year low of $14.09 and a 1-year high of $18.97. The firm has a market cap of $6.38 billion, a price-to-earnings ratio of -15.79 and a beta of 0.95.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%.The firm had revenue of $297.77 million for the quarter, compared to analysts’ expectations of $291.10 million. During the same quarter in the prior year, the firm earned $0.39 EPS. The business’s revenue for the quarter was down 6.2% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. Analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Monday, November 10th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -90.57%.

Insider Activity at Healthcare Realty Trust

In related news, EVP Julie F. Wilson sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $18.00, for a total value of $270,000.00. Following the completion of the transaction, the executive vice president directly owned 113,419 shares of the company’s stock, valued at approximately $2,041,542. This trade represents a 11.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Royal Bank Of Canada assumed coverage on shares of Healthcare Realty Trust in a research report on Wednesday, October 8th. They set a “sector perform” rating and a $19.00 target price on the stock. Raymond James Financial lowered Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. Citigroup boosted their price objective on Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday. Scotiabank raised Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $18.00 to $20.00 in a research report on Friday, September 5th. Finally, Wall Street Zen upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $18.78.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.