Rhumbline Advisers Has $15.53 Million Position in Healthcare Realty Trust Incorporated $HR

Rhumbline Advisers cut its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 5.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 979,262 shares of the real estate investment trust’s stock after selling 56,287 shares during the period. Rhumbline Advisers owned 0.28% of Healthcare Realty Trust worth $15,531,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SVB Wealth LLC acquired a new position in shares of Healthcare Realty Trust during the 1st quarter valued at $35,000. Anchor Investment Management LLC bought a new stake in shares of Healthcare Realty Trust in the 1st quarter worth $38,000. Financial Gravity Companies Inc. purchased a new stake in Healthcare Realty Trust in the 2nd quarter valued at about $45,000. Avalon Trust Co purchased a new stake in shares of Healthcare Realty Trust during the first quarter valued at approximately $53,000. Finally, MTM Investment Management LLC purchased a new stake in shares of Healthcare Realty Trust during the 2nd quarter valued at $53,000.

Analyst Ratings Changes

A number of research firms have recently weighed in on HR. Wells Fargo & Company increased their target price on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 25th. Royal Bank Of Canada started coverage on Healthcare Realty Trust in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 price objective on the stock. Citigroup increased their price objective on Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, November 12th. Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.89.

Insider Buying and Selling at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of the stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $18.00, for a total value of $270,000.00. Following the sale, the executive vice president directly owned 113,419 shares of the company’s stock, valued at approximately $2,041,542. This represents a 11.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.37% of the stock is currently owned by corporate insiders.

Healthcare Realty Trust Trading Down 0.3%

Healthcare Realty Trust stock opened at $18.23 on Friday. The firm has a 50 day simple moving average of $18.07 and a 200 day simple moving average of $16.77. Healthcare Realty Trust Incorporated has a 1-year low of $14.09 and a 1-year high of $18.97. The firm has a market capitalization of $6.41 billion, a price-to-earnings ratio of -15.85 and a beta of 0.95.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%.The firm had revenue of $297.77 million for the quarter, compared to the consensus estimate of $291.10 million. During the same quarter in the prior year, the business posted $0.39 earnings per share. The business’s quarterly revenue was down 6.2% on a year-over-year basis. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. On average, equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Monday, November 10th. Healthcare Realty Trust’s payout ratio is presently -90.57%.

About Healthcare Realty Trust

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.