Metis Global Partners LLC Acquires 13,248 Shares of Healthcare Realty Trust Incorporated $HR

Metis Global Partners LLC lifted its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 29.5% during the 2nd quarter, Holdings Channel reports. The firm owned 58,140 shares of the real estate investment trust’s stock after purchasing an additional 13,248 shares during the period. Metis Global Partners LLC’s holdings in Healthcare Realty Trust were worth $922,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Massachusetts Financial Services Co. MA acquired a new position in Healthcare Realty Trust in the 1st quarter valued at $100,817,000. Charles Schwab Investment Management Inc. increased its position in shares of Healthcare Realty Trust by 2.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,470,199 shares of the real estate investment trust’s stock worth $92,446,000 after purchasing an additional 139,019 shares during the period. Northern Trust Corp raised its stake in Healthcare Realty Trust by 1.0% in the first quarter. Northern Trust Corp now owns 4,080,435 shares of the real estate investment trust’s stock valued at $68,959,000 after purchasing an additional 39,466 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Healthcare Realty Trust by 2.5% in the first quarter. Russell Investments Group Ltd. now owns 2,841,636 shares of the real estate investment trust’s stock valued at $48,023,000 after purchasing an additional 69,114 shares in the last quarter. Finally, William Blair Investment Management LLC lifted its position in Healthcare Realty Trust by 0.6% during the second quarter. William Blair Investment Management LLC now owns 2,278,809 shares of the real estate investment trust’s stock worth $36,142,000 after purchasing an additional 14,015 shares during the period.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock opened at $18.34 on Wednesday. The firm has a market cap of $6.45 billion, a P/E ratio of -15.94 and a beta of 0.95. The stock’s 50 day moving average is $18.07 and its 200 day moving average is $16.53. Healthcare Realty Trust Incorporated has a one year low of $14.09 and a one year high of $18.97.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. The business had revenue of $287.40 million for the quarter, compared to analyst estimates of $291.10 million. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. Healthcare Realty Trust’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. Equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed 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. This represents a $0.96 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Monday, November 10th. Healthcare Realty Trust’s dividend payout ratio (DPR) is -90.57%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Cantor Fitzgerald started coverage on shares of Healthcare Realty Trust in a research report on Wednesday, October 1st. They issued an “overweight” rating and a $23.00 target price for the company. Scotiabank raised shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the company from $18.00 to $20.00 in a research note on Friday, September 5th. Wall Street Zen upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday. Royal Bank Of Canada began coverage on 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. Finally, Weiss Ratings raised Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $18.75.

Insider Activity at Healthcare Realty Trust

In related news, EVP Julie F. Wilson sold 15,000 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $18.00, for a total value of $270,000.00. Following the transaction, the executive vice president directly owned 113,419 shares in the company, valued at $2,041,542. This trade represents a 11.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.37% of the stock is currently owned by corporate insiders.

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.