Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 7.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,216,732 shares of the real estate investment trust’s stock after selling 101,893 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.35% of Healthcare Realty Trust worth $19,297,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of HR. SVB Wealth LLC acquired a new position in Healthcare Realty Trust in the first quarter valued at $35,000. Anchor Investment Management LLC purchased a new position in shares of Healthcare Realty Trust during the first quarter worth about $38,000. Financial Gravity Companies Inc. acquired a new position in Healthcare Realty Trust in the 2nd quarter valued at about $45,000. Avalon Trust Co acquired a new position in Healthcare Realty Trust in the 1st quarter valued at about $53,000. Finally, MTM Investment Management LLC purchased a new stake in Healthcare Realty Trust during the 2nd quarter valued at approximately $53,000.
Analyst Ratings Changes
Several brokerages have weighed in on HR. BTIG Research reiterated a “buy” rating and issued a $20.00 target price on shares of Healthcare Realty Trust in a research note on Monday, September 29th. Cantor Fitzgerald assumed coverage on Healthcare Realty Trust in a report on Wednesday, October 1st. They set an “overweight” rating and a $23.00 price target for the company. Wells Fargo & Company raised shares of Healthcare Realty Trust from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $16.00 to $18.00 in a research note on Monday, October 20th. Scotiabank upgraded shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the stock from $18.00 to $20.00 in a research report on Friday, September 5th. Finally, Royal Bank Of Canada assumed coverage on shares of Healthcare Realty Trust in a report on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 target price on the stock. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Healthcare Realty Trust has a consensus rating of “Hold” and a consensus target price of $18.78.
Healthcare Realty Trust Price Performance
Shares of HR stock opened at $18.25 on Wednesday. The business’s fifty day moving average price is $18.09 and its 200 day moving average price is $16.62. The firm has a market capitalization of $6.42 billion, a PE ratio of -15.87 and a beta of 0.95. Healthcare Realty Trust Incorporated has a 1-year low of $14.09 and a 1-year high of $18.97.
Healthcare Realty Trust (NYSE:HR – Get Free Report) last issued its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The company had revenue of $297.77 million for the quarter, compared to analyst estimates of $291.10 million. During the same period in the previous year, the firm earned $0.39 EPS. The business’s 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. Equities research analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.
Healthcare Realty Trust Dividend Announcement
The business 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 annualized dividend and a yield of 5.3%. The ex-dividend date is Monday, November 10th. Healthcare Realty Trust’s dividend payout ratio is presently -90.57%.
Insiders Place Their Bets
In other Healthcare Realty Trust news, EVP Julie F. Wilson sold 15,000 shares of the stock in a transaction dated 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.37% of the company’s stock.
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.
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