Kettle Hill Capital Management LLC Reduces Stake in Healthcare Realty Trust Incorporated $HR

Kettle Hill Capital Management LLC decreased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 29.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 827,749 shares of the real estate investment trust’s stock after selling 353,045 shares during the period. Healthcare Realty Trust accounts for about 3.4% of Kettle Hill Capital Management LLC’s portfolio, making the stock its 10th largest position. Kettle Hill Capital Management LLC owned 0.24% of Healthcare Realty Trust worth $14,924,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Smartleaf Asset Management LLC increased its holdings in Healthcare Realty Trust by 179.7% during the third quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 1,033 shares during the period. Atlantic Union Bankshares Corp bought a new stake in Healthcare Realty Trust during the 3rd quarter valued at $32,000. Financial Gravity Companies Inc. bought a new stake in Healthcare Realty Trust during the 2nd quarter valued at $45,000. MTM Investment Management LLC purchased a new position in shares of Healthcare Realty Trust in the 2nd quarter valued at $53,000. Finally, Quent Capital LLC purchased a new position in shares of Healthcare Realty Trust in the 3rd quarter valued at $54,000.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HR. Wall Street Zen upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Wells Fargo & Company lifted their target price on Healthcare Realty Trust from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. Finally, Cantor Fitzgerald increased their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $18.88.

Healthcare Realty Trust Trading Down 1.4%

NYSE HR opened at $17.97 on Monday. The firm’s fifty day simple moving average is $17.57 and its two-hundred day simple moving average is $17.72. The firm has a market capitalization of $6.27 billion, a P/E ratio of -25.31 and a beta of 0.96. Healthcare Realty Trust Incorporated has a 12-month low of $14.09 and a 12-month high of $18.97.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.36). The business had revenue of $282.69 million for the quarter, compared to analysts’ expectations of $284.37 million. Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. The business’s revenue for the quarter was down 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. As a group, sell-side analysts predict 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 was paid on Wednesday, March 11th. Shareholders of record on Tuesday, February 24th were paid a $0.24 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a yield of 5.3%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -135.21%.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 10,000 shares of the stock in a transaction on Friday, March 6th. The stock was acquired at an average price of $18.09 per share, with a total value of $180,900.00. Following the completion of the acquisition, the director owned 85,520 shares in the company, valued at $1,547,056.80. The trade was a 13.24% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.37% of the company’s stock.

Healthcare Realty Trust Company Profile

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.