GWN Securities Inc. Trims Stake in Healthcare Realty Trust Incorporated $HR

GWN Securities Inc. trimmed its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 17.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,237 shares of the real estate investment trust’s stock after selling 2,371 shares during the quarter. GWN Securities Inc.’s holdings in Healthcare Realty Trust were worth $178,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HR. Janney Montgomery Scott LLC purchased a new position in Healthcare Realty Trust during the first quarter worth about $195,000. Sequoia Financial Advisors LLC grew its position in Healthcare Realty Trust by 8.6% during the first quarter. Sequoia Financial Advisors LLC now owns 14,803 shares of the real estate investment trust’s stock worth $250,000 after buying an additional 1,171 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in Healthcare Realty Trust during the first quarter worth about $26,000. Checchi Capital Advisers LLC purchased a new position in Healthcare Realty Trust during the first quarter worth about $174,000. Finally, IFM Investors Pty Ltd grew its position in Healthcare Realty Trust by 7.9% during the first quarter. IFM Investors Pty Ltd now owns 88,364 shares of the real estate investment trust’s stock worth $1,604,000 after buying an additional 6,448 shares in the last quarter.

Insider Transactions at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian bought 10,000 shares of the stock in a transaction dated Wednesday, August 13th. The stock was bought at an average price of $16.46 per share, with a total value of $164,600.00. Following the purchase, the director owned 75,520 shares in the company, valued at approximately $1,243,059.20. The trade was a 15.26% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Julie F. Wilson sold 15,000 shares of the business’s 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 completion of the sale, the executive vice president directly owned 113,419 shares of the company’s stock, valued at approximately $2,041,542. This trade represents a 11.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.37% of the company’s stock.

Healthcare Realty Trust Trading Up 0.1%

Shares of NYSE:HR opened at $17.77 on Friday. Healthcare Realty Trust Incorporated has a 12-month low of $14.09 and a 12-month high of $18.97. The stock’s 50-day moving average price is $17.96 and its 200-day moving average price is $16.40. The stock has a market capitalization of $6.25 billion, a P/E ratio of -15.45 and a beta of 0.96.

Healthcare Realty Trust (NYSE:HR) last released 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. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%.The company had revenue of $287.40 million during the quarter, compared to analyst estimates of $291.10 million. During the same quarter in the previous year, the company posted $0.39 EPS. Healthcare Realty Trust’s revenue for the quarter 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. As a group, research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Royal Bank Of Canada assumed coverage on Healthcare Realty Trust in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 target price on the stock. Cantor Fitzgerald assumed coverage on 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. Weiss Ratings reissued a “sell (d+)” rating on shares of Healthcare Realty Trust in a research note on Wednesday, October 8th. Wells Fargo & Company raised Healthcare Realty Trust from an “underweight” rating to an “equal weight” rating and increased their target price for the company from $16.00 to $18.00 in a research note on Monday, October 20th. Finally, Scotiabank raised 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 research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Healthcare Realty Trust presently has an average rating of “Hold” and a consensus target price of $18.75.

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.