Healthcare Realty Trust Incorporated $HR Shares Sold by Swiss National Bank

Swiss National Bank lowered its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 2.3% in the second quarter, Holdings Channel.com reports. The firm owned 637,000 shares of the real estate investment trust’s stock after selling 15,300 shares during the period. Swiss National Bank’s holdings in Healthcare Realty Trust were worth $10,103,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Handelsbanken Fonder AB boosted its stake in Healthcare Realty Trust by 11.3% in the 2nd quarter. Handelsbanken Fonder AB now owns 124,736 shares of the real estate investment trust’s stock worth $1,978,000 after buying an additional 12,700 shares during the last quarter. Greenland Capital Management LP purchased a new position in shares of Healthcare Realty Trust during the 2nd quarter worth about $1,080,000. Nomura Asset Management Co. Ltd. boosted its position in shares of Healthcare Realty Trust by 3.0% in the second quarter. Nomura Asset Management Co. Ltd. now owns 504,000 shares of the real estate investment trust’s stock worth $7,993,000 after acquiring an additional 14,800 shares during the last quarter. Financial Gravity Companies Inc. acquired a new stake in shares of Healthcare Realty Trust in the second quarter worth approximately $45,000. Finally, MTM Investment Management LLC purchased a new stake in Healthcare Realty Trust in the second quarter valued at approximately $53,000.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HR. Cantor Fitzgerald initiated coverage on shares of Healthcare Realty Trust in a research note on Wednesday, October 1st. They set an “overweight” rating and a $23.00 price target on the stock. Scotiabank raised Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and increased their target price for the stock from $18.00 to $20.00 in a research report on Friday, September 5th. Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Citigroup upped their price target on Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. Finally, Royal Bank Of Canada assumed coverage on Healthcare Realty Trust in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $18.89.

Healthcare Realty Trust Trading Down 0.3%

Shares of NYSE HR opened at $18.23 on Friday. Healthcare Realty Trust Incorporated has a 12-month low of $14.09 and a 12-month high of $18.97. The company has a market cap of $6.41 billion, a P/E ratio of -15.85 and a beta of 0.95. The stock has a fifty day moving average price of $18.07 and a 200 day moving average price of $16.76.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping 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 company had revenue of $297.77 million for the quarter, compared to analysts’ expectations of $291.10 million. During the same quarter in the previous year, the firm posted $0.39 earnings per share. The firm’s quarterly revenue was down 6.2% on a year-over-year basis. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. On average, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th were given a $0.24 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $0.96 annualized dividend and a yield of 5.3%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -90.57%.

Insider Transactions at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $18.00, for a total transaction of $270,000.00. Following the sale, the executive vice president owned 113,419 shares in the company, valued at $2,041,542. This trade represents a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.37% of the stock is owned by company insiders.

About Healthcare Realty Trust

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.