Northside Capital Management LLC reduced its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 23.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 755,329 shares of the real estate investment trust’s stock after selling 235,043 shares during the quarter. Healthcare Realty Trust makes up approximately 1.2% of Northside Capital Management LLC’s holdings, making the stock its 27th biggest holding. Northside Capital Management LLC’s holdings in Healthcare Realty Trust were worth $13,619,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the company. CWM LLC grew its stake in shares of Healthcare Realty Trust by 4.1% in the second quarter. CWM LLC now owns 21,991 shares of the real estate investment trust’s stock worth $349,000 after purchasing an additional 868 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in Healthcare Realty Trust by 0.4% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 273,831 shares of the real estate investment trust’s stock worth $4,343,000 after buying an additional 1,090 shares during the period. Hodges Capital Management Inc. grew its position in shares of Healthcare Realty Trust by 3.1% in the 1st quarter. Hodges Capital Management Inc. now owns 37,365 shares of the real estate investment trust’s stock worth $631,000 after buying an additional 1,130 shares during the last quarter. Voya Investment Management LLC grew its position in shares of Healthcare Realty Trust by 2.8% in the 1st quarter. Voya Investment Management LLC now owns 44,136 shares of the real estate investment trust’s stock worth $746,000 after buying an additional 1,194 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV increased its stake in shares of Healthcare Realty Trust by 2.4% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 52,368 shares of the real estate investment trust’s stock valued at $885,000 after buying an additional 1,251 shares during the period.
Analyst Ratings Changes
Several research firms recently weighed in on HR. Royal Bank Of Canada initiated coverage on shares of Healthcare Realty Trust in a report on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 price target on the stock. Raymond James Financial lowered shares of Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a research note on Monday, September 15th. Scotiabank upgraded shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $18.00 to $20.00 in a research report on Friday, September 5th. Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $18.89.
Healthcare Realty Trust Stock Down 1.3%
Healthcare Realty Trust stock opened at $17.01 on Wednesday. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.97. The company has a market capitalization of $5.98 billion, a P/E ratio of -16.04 and a beta of 0.96. The stock’s 50 day moving average is $17.95 and its 200 day moving average is $17.02.
Healthcare Realty Trust (NYSE:HR – Get Free Report) last released 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 return on equity of 7.32% and a negative net margin of 30.51%.The business had revenue of $297.77 million for the quarter, compared to the consensus estimate of $291.10 million. During the same period in the previous year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was down 6.2% compared to the same quarter last year. 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 EPS for the current year.
Healthcare Realty Trust Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Tuesday, November 11th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 5.6%. The ex-dividend date of this dividend was Monday, November 10th. Healthcare Realty Trust’s dividend payout ratio is -90.57%.
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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