Hodges Capital Management Inc. Has $380,000 Stock Holdings in Healthcare Realty Trust Incorporated $HR

Hodges Capital Management Inc. lowered its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 35.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 23,980 shares of the real estate investment trust’s stock after selling 13,385 shares during the period. Hodges Capital Management Inc.’s holdings in Healthcare Realty Trust were worth $380,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HR. SVB Wealth LLC bought a new position in shares of Healthcare Realty Trust in the 1st quarter valued at $35,000. Anchor Investment Management LLC acquired a new position in Healthcare Realty Trust in the 1st quarter worth about $38,000. Avalon Trust Co acquired a new position in Healthcare Realty Trust in the 1st quarter worth about $53,000. Ameritas Advisory Services LLC bought a new position in Healthcare Realty Trust in the second quarter valued at about $60,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of Healthcare Realty Trust during the first quarter valued at about $102,000.

Insider Buying and Selling

In other 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 transaction of $270,000.00. Following the completion of the sale, the executive vice president owned 113,419 shares of the company’s stock, valued at $2,041,542. This trade represents a 11.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Thomas N. Bohjalian acquired 10,000 shares of the stock in a transaction dated Wednesday, August 13th. The stock was bought at an average price of $16.46 per share, with a total value of $164,600.00. Following the purchase, the director directly owned 75,520 shares in the company, valued at $1,243,059.20. This represents a 15.26% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.37% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on HR. BTIG Research reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Healthcare Realty Trust in a research note on Monday, September 29th. Royal Bank Of Canada started coverage on shares of Healthcare Realty Trust in a research report on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 price target for the company. Scotiabank raised shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and raised their price target for the company from $18.00 to $20.00 in a research note on Friday, September 5th. Weiss Ratings raised shares of Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday. Finally, Raymond James Financial downgraded Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $18.75.

Healthcare Realty Trust Stock Down 0.2%

Shares of NYSE HR opened at $18.06 on Tuesday. The company has a market capitalization of $6.35 billion, a PE ratio of -15.70 and a beta of 0.95. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.97. The firm has a fifty day simple moving average of $18.05 and a 200 day simple moving average of $16.51.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. The firm had revenue of $287.40 million during the quarter, compared to the consensus estimate of $291.10 million. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%.The business’s revenue was down 6.2% compared to the same quarter last year. During the same period last year, the business posted $0.39 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. As a group, equities 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 firm also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $0.96 annualized dividend and a yield of 5.3%. Healthcare Realty Trust’s payout ratio is -90.57%.

Healthcare Realty Trust 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.