Healthcare Realty Trust Incorporated $HR Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 11.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,696,949 shares of the real estate investment trust’s stock after selling 454,955 shares during the period. Bank of New York Mellon Corp’s holdings in Healthcare Realty Trust were worth $62,663,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HR. Wiser Advisor Group LLC acquired a new stake in Healthcare Realty Trust in the third quarter valued at approximately $25,000. Smartleaf Asset Management LLC grew its holdings in Healthcare Realty Trust by 179.7% in 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 period. Eurizon Capital SGR S.p.A. acquired a new stake in Healthcare Realty Trust in the fourth quarter valued at approximately $37,000. Danske Bank A S acquired a new stake in Healthcare Realty Trust in the third quarter valued at approximately $47,000. Finally, Advisory Services Network LLC acquired a new stake in Healthcare Realty Trust in the third quarter valued at approximately $55,000.

Healthcare Realty Trust Stock Performance

NYSE HR opened at $20.40 on Wednesday. The stock’s fifty day moving average is $19.04 and its two-hundred day moving average is $18.04. The firm has a market capitalization of $7.07 billion, a P/E ratio of -35.18 and a beta of 0.98. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.46 and a fifty-two week high of $20.61.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $275.28 million for the quarter, compared to analyst estimates of $283.01 million. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.The firm’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.61 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a yield of 4.7%. Healthcare Realty Trust’s payout ratio is -165.52%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HR. Royal Bank Of Canada lifted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 14th. Citigroup lifted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Cantor Fitzgerald lifted their price target on Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Weiss Ratings lowered Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Wells Fargo & Company lifted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $20.50.

Healthcare Realty Trust 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.