Healthcare Realty Trust Incorporated $HR Shares Sold by Royal Bank of Canada

Royal Bank of Canada lessened its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 16.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 215,032 shares of the real estate investment trust’s stock after selling 43,319 shares during the quarter. Royal Bank of Canada’s holdings in Healthcare Realty Trust were worth $3,653,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in HR. Resolution Capital Ltd increased its position in Healthcare Realty Trust by 72.4% in the 1st quarter. Resolution Capital Ltd now owns 14,034,367 shares of the real estate investment trust’s stock valued at $238,444,000 after acquiring an additional 5,892,501 shares during the period. Quantinno Capital Management LP boosted its position in Healthcare Realty Trust by 79.5% during the 1st quarter. Quantinno Capital Management LP now owns 270,591 shares of the real estate investment trust’s stock worth $4,597,000 after acquiring an additional 119,804 shares during the period. Lazard Asset Management LLC boosted its position in Healthcare Realty Trust by 12.2% during the 1st quarter. Lazard Asset Management LLC now owns 100,202 shares of the real estate investment trust’s stock worth $1,702,000 after acquiring an additional 10,905 shares during the period. Renaissance Technologies LLC grew its stake in shares of Healthcare Realty Trust by 100.0% in the first quarter. Renaissance Technologies LLC now owns 1,549,172 shares of the real estate investment trust’s stock worth $26,320,000 after purchasing an additional 774,500 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Healthcare Realty Trust in the first quarter worth $500,000.

Insiders Place Their Bets

In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 25,767 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $20.37, for a total transaction of $524,873.79. Following the sale, the chief accounting officer directly owned 109,954 shares of the company’s stock, valued at $2,239,762.98. The trade was a 18.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Price Performance

Shares of HR opened at $19.23 on Friday. Healthcare Realty Trust Incorporated has a one year low of $16.23 and a one year high of $22.04. The company has a 50-day moving average of $20.53 and a two-hundred day moving average of $19.13. The stock has a market cap of $6.59 billion, a price-to-earnings ratio of -73.98 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.53). Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The firm had revenue of $278.58 million for the quarter, compared to analyst estimates of $271.60 million. During the same quarter in the prior year, the firm earned $0.41 EPS. The firm’s revenue was down 5.3% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. Analysts anticipate that Healthcare Realty Trust Incorporated will post 1.64 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 5.0%. The ex-dividend date is Tuesday, August 11th. Healthcare Realty Trust’s payout ratio is presently -369.23%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Cantor Fitzgerald raised their price target on Healthcare Realty Trust from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, July 31st. UBS Group upped their price objective on shares of Healthcare Realty Trust from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Wells Fargo & Company increased their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. BTIG Research reissued a “buy” rating and set a $22.00 target price on shares of Healthcare Realty Trust in a research note on Friday, June 12th. Finally, Royal Bank Of Canada boosted their price target on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $22.00.

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.