Oak Thistle LLC Sells 50,347 Shares of Healthcare Realty Trust Incorporated $HR

Oak Thistle LLC trimmed its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 45.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,139 shares of the real estate investment trust’s stock after selling 50,347 shares during the quarter. Oak Thistle LLC’s holdings in Healthcare Realty Trust were worth $1,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the business. Norges Bank bought a new position in shares of Healthcare Realty Trust during the second quarter valued at approximately $66,085,000. Rush Island Management LP increased its position in Healthcare Realty Trust by 13.8% during the 2nd quarter. Rush Island Management LP now owns 14,260,152 shares of the real estate investment trust’s stock valued at $226,166,000 after buying an additional 1,728,491 shares in the last quarter. Prudential Financial Inc. raised its stake in Healthcare Realty Trust by 34.9% during the second quarter. Prudential Financial Inc. now owns 4,246,398 shares of the real estate investment trust’s stock valued at $74,252,000 after buying an additional 1,099,467 shares during the last quarter. Northside Capital Management LLC bought a new stake in Healthcare Realty Trust in the second quarter worth $15,707,000. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Healthcare Realty Trust by 15.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,859,453 shares of the real estate investment trust’s stock worth $108,791,000 after acquiring an additional 893,938 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have recently issued reports on HR shares. Royal Bank Of Canada began coverage on 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. Cantor Fitzgerald began coverage on shares of Healthcare Realty Trust in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $23.00 target price on the stock. Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a research report on Monday. Finally, Scotiabank upgraded Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and increased their target price for the company from $18.00 to $20.00 in a research note on Friday, September 5th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $18.89.

Healthcare Realty Trust Stock Down 0.2%

Shares of Healthcare Realty Trust stock opened at $17.08 on Friday. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.97. The company’s 50 day moving average is $17.93 and its 200 day moving average is $17.03. The company has a market cap of $6.01 billion, a price-to-earnings ratio of -16.11 and a beta of 0.96.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The business had revenue of $297.77 million during the quarter, compared to analyst estimates of $291.10 million. Healthcare Realty Trust had a negative net margin of 30.51% and a negative return on equity of 7.32%. The company’s quarterly revenue was down 6.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.39 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. Sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th were given a $0.24 dividend. 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 (DPR) is presently -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.