Vanguard Personalized Indexing Management LLC boosted its holdings in Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 6.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 72,883 shares of the real estate investment trust’s stock after acquiring an additional 4,341 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Healthcare Realty Trust were worth $1,156,000 as of its most recent filing with the SEC.
Other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC acquired a new position in shares of Healthcare Realty Trust during the 1st quarter worth $26,000. SVB Wealth LLC acquired a new position in Healthcare Realty Trust during the first quarter worth about $35,000. Anchor Investment Management LLC acquired a new position in Healthcare Realty Trust during the first quarter worth about $38,000. Financial Gravity Asset Management Inc. purchased a new position in Healthcare Realty Trust in the first quarter valued at about $48,000. Finally, Avalon Trust Co acquired a new stake in shares of Healthcare Realty Trust during the 1st quarter valued at approximately $53,000.
Insider Activity at Healthcare Realty Trust
In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 10,000 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was bought at an average cost of $16.46 per share, for a total transaction of $164,600.00. Following the acquisition, the director owned 75,520 shares of the company’s stock, 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 stock in a transaction on Friday, September 5th. The stock was sold at an average price of $18.00, for a total value of $270,000.00. Following the transaction, the executive vice president directly owned 113,419 shares in the company, valued at approximately $2,041,542. This represents a 11.68% decrease in their position. The disclosure for this sale can be found here. 0.37% of the stock is currently owned by insiders.
Healthcare Realty Trust Stock Up 1.4%
Healthcare Realty Trust (NYSE:HR – Get Free Report) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The company had revenue of $287.07 million for the quarter, compared to analyst estimates of $290.83 million. During the same period in the prior year, the firm earned $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. As a group, equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.
Healthcare Realty Trust Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were given a dividend of $0.24 per share. The ex-dividend date was Thursday, August 14th. 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 -83.48%.
Analyst Upgrades and Downgrades
HR has been the topic of a number of research reports. Cantor Fitzgerald assumed coverage on Healthcare Realty Trust in a report on Wednesday, October 1st. They issued an “overweight” rating and a $23.00 price target on the stock. Wells Fargo & Company upped their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the company an “underweight” rating in a report on Wednesday, August 27th. Scotiabank raised Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the stock from $18.00 to $20.00 in a research note on Friday, September 5th. JPMorgan Chase & Co. decreased their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “neutral” rating on the stock in a research report on Thursday, June 26th. Finally, BTIG Research restated a “buy” rating and set a $20.00 target price on shares of Healthcare Realty Trust in a report on Monday, September 29th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Healthcare Realty Trust has an average rating of “Hold” and a consensus target price of $18.50.
Read Our Latest Analysis on HR
Healthcare Realty Trust Company Profile
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.
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