55,124 Shares in Healthcare Realty Trust Incorporated $HR Purchased by Sessa Capital IM L.P.

Sessa Capital IM L.P. acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 55,124 shares of the real estate investment trust’s stock, valued at approximately $932,000. Healthcare Realty Trust makes up approximately 0.0% of Sessa Capital IM L.P.’s investment portfolio, making the stock its 26th biggest holding.

A number of other institutional investors also recently added to or reduced their stakes in HR. Mercer Global Advisors Inc. ADV boosted its holdings in Healthcare Realty Trust by 107.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 42,585 shares of the real estate investment trust’s stock valued at $722,000 after purchasing an additional 22,069 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at approximately $2,504,000. Cresset Asset Management LLC acquired a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at approximately $356,000. Deutsche Bank AG lifted its position in shares of Healthcare Realty Trust by 95.9% during the 4th quarter. Deutsche Bank AG now owns 464,941 shares of the real estate investment trust’s stock valued at $7,881,000 after acquiring an additional 227,566 shares during the period. Finally, Focus Partners Wealth lifted its position in shares of Healthcare Realty Trust by 23.5% during the 4th quarter. Focus Partners Wealth now owns 20,254 shares of the real estate investment trust’s stock valued at $352,000 after acquiring an additional 3,850 shares during the period.

Insider Buying and Selling at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $18.00, for a total transaction of $270,000.00. Following the completion of the sale, the executive vice president directly owned 113,419 shares of the company’s stock, valued at $2,041,542. The trade was a 11.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas N. Bohjalian acquired 10,000 shares of the stock in a transaction dated Wednesday, August 13th. The shares were bought at an average cost of $16.46 per share, with a total value of $164,600.00. Following the completion of the purchase, the director directly owned 75,520 shares in the company, valued at approximately $1,243,059.20. This trade represents a 15.26% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.37% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Scotiabank upgraded shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $18.00 to $20.00 in a research report on Friday. JPMorgan Chase & Co. reduced their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “neutral” rating for the company in a research report on Thursday, June 26th. Wells Fargo & Company lifted their price target on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the company an “underweight” rating in a research report on Wednesday, August 27th. Finally, Wall Street Zen downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 31st. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Healthcare Realty Trust presently has a consensus rating of “Hold” and a consensus price target of $17.20.

Healthcare Realty Trust Stock Performance

Shares of HR opened at $18.04 on Friday. The stock has a fifty day moving average of $16.49 and a two-hundred day moving average of $15.94. The company has a market capitalization of $6.34 billion, a PE ratio of -15.68 and a beta of 0.94. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.09 and a fifty-two week high of $18.90.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.01. The company had revenue of $287.07 million during the quarter, compared to the consensus estimate of $290.83 million. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%.During the same period in the previous year, the firm posted $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. As a group, equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $0.96 annualized dividend and a dividend yield of 5.3%. Healthcare Realty Trust’s payout ratio is currently -83.48%.

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.