Thomas Bohjalian Acquires 10,000 Shares of Healthcare Realty Trust (NYSE:HR) Stock

Healthcare Realty Trust Incorporated (NYSE:HR) Director Thomas Bohjalian bought 10,000 shares of Healthcare Realty Trust stock in a transaction dated Friday, March 6th. The stock was purchased at an average cost of $18.09 per share, for a total transaction of $180,900.00. Following the purchase, the director owned 85,520 shares of the company’s stock, valued at approximately $1,547,056.80. This trade represents a 13.24% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Healthcare Realty Trust Trading Down 0.3%

Shares of HR stock traded down $0.05 during trading hours on Friday, reaching $18.34. 1,537,187 shares of the stock were exchanged, compared to its average volume of 3,783,536. The firm has a market capitalization of $6.40 billion, a price-to-earnings ratio of -25.83 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. The company’s 50-day moving average price is $17.41 and its 200-day moving average price is $17.64.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.36). Healthcare Realty Trust had a negative return on equity of 5.07% and a negative net margin of 20.84%.The firm had revenue of $282.69 million during the quarter, compared to the consensus estimate of $284.37 million. During the same period in the previous year, the business earned $0.40 EPS. The firm’s revenue for the quarter was down 7.6% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. On average, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Tuesday, February 24th will be paid a $0.24 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a yield of 5.2%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -135.21%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on HR shares. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. Citigroup boosted their price objective on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Cantor Fitzgerald upped their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Wells Fargo & Company boosted their price target on Healthcare Realty Trust from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $18.88.

Hedge Funds Weigh In On Healthcare Realty Trust

Hedge funds and other institutional investors have recently modified their holdings of the business. PGGM Investments purchased a new stake in Healthcare Realty Trust in the fourth quarter valued at about $113,389,000. Invesco Ltd. increased its holdings in shares of Healthcare Realty Trust by 233.8% during the third quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock valued at $138,845,000 after acquiring an additional 5,393,651 shares in the last quarter. Norges Bank purchased a new position in shares of Healthcare Realty Trust in the 2nd quarter valued at approximately $66,085,000. Jupiter Asset Management Ltd. acquired a new stake in Healthcare Realty Trust in the 4th quarter worth approximately $31,810,000. Finally, Russell Investments Group Ltd. boosted its stake in Healthcare Realty Trust by 68.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,392,815 shares of the real estate investment trust’s stock worth $79,201,000 after purchasing an additional 1,789,111 shares in the last quarter.

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.