Healthcare Realty Trust Incorporated $HR Shares Acquired by M&T Bank Corp

M&T Bank Corp boosted its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 256.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,079 shares of the real estate investment trust’s stock after purchasing an additional 32,431 shares during the period. M&T Bank Corp’s holdings in Healthcare Realty Trust were worth $764,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HR. Wiser Advisor Group LLC acquired a new stake in Healthcare Realty Trust during the third quarter valued at approximately $25,000. Smartleaf Asset Management LLC lifted its stake in Healthcare Realty Trust by 179.7% during the third quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 1,033 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Healthcare Realty Trust during the third quarter valued at approximately $32,000. Danske Bank A S acquired a new stake in Healthcare Realty Trust during the third quarter valued at approximately $47,000. Finally, Quent Capital LLC acquired a new stake in Healthcare Realty Trust during the third quarter valued at approximately $54,000.

Analyst Ratings Changes

Several equities research analysts recently commented on HR shares. Weiss Ratings downgraded shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Scotiabank upped their price target on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Friday. Citigroup upped their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Cantor Fitzgerald upped their price target on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $19.75.

Healthcare Realty Trust Stock Performance

Shares of NYSE:HR opened at $20.02 on Tuesday. The company has a market cap of $6.94 billion, a PE ratio of -34.51 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 52 week low of $14.09 and a 52 week high of $20.46. The firm has a 50 day simple moving average of $18.17 and a 200 day simple moving average of $17.75.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $275.28 million during the quarter, compared to the consensus estimate of $283.01 million. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The firm’s quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.39 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, equities analysts predict that Healthcare Realty Trust Incorporated will post 1.61 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 11th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 4.8%. The ex-dividend date is Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio is currently -165.52%.

Insiders Place Their Bets

In related news, Director Thomas N. Bohjalian acquired 10,000 shares of the company’s stock in a transaction on Friday, March 6th. The shares were purchased at an average price of $18.09 per share, for a total transaction of $180,900.00. Following the purchase, the director owned 85,520 shares in the company, valued at $1,547,056.80. This represents a 13.24% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.56% of the company’s stock.

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.