Healthcare Realty Trust Incorporated $HR Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System reduced its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 5.4% in the 1st quarter, Holdings Channel reports. The fund owned 817,302 shares of the real estate investment trust’s stock after selling 46,548 shares during the period. California Public Employees Retirement System’s holdings in Healthcare Realty Trust were worth $13,886,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Wiser Advisor Group LLC purchased a new position in shares of Healthcare Realty Trust in the 3rd quarter worth $25,000. Eurizon Capital SGR S.p.A. acquired a new position in shares of Healthcare Realty Trust during the 4th quarter valued at $37,000. Main Street Group LTD purchased a new stake in Healthcare Realty Trust during the 1st quarter worth $42,000. Prosperity Bancshares Inc purchased a new stake in Healthcare Realty Trust during the 4th quarter worth $42,000. Finally, Inspire Investing LLC purchased a new stake in Healthcare Realty Trust during the 1st quarter worth $45,000.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HR. Scotiabank boosted their price objective on Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. JPMorgan Chase & Co. upped their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. BTIG Research reiterated a “buy” rating and issued a $22.00 target price on shares of Healthcare Realty Trust in a research report on Friday, June 12th. Wells Fargo & Company raised their price objective 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. Finally, UBS Group lifted their price objective on shares of Healthcare Realty Trust from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $21.67.

Insider Activity

In related news, CAO Amanda L. Callaway sold 25,767 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $20.37, for a total transaction of $524,873.79. Following the transaction, the chief accounting officer directly owned 109,954 shares of the company’s stock, valued at approximately $2,239,762.98. The trade was a 18.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.56% of the stock is owned by company insiders.

Healthcare Realty Trust Stock Performance

Healthcare Realty Trust stock opened at $21.44 on Friday. The firm has a market cap of $7.43 billion, a price-to-earnings ratio of -36.96 and a beta of 0.98. The firm’s 50 day moving average price is $20.43 and its two-hundred day moving average price is $18.79. Healthcare Realty Trust Incorporated has a 1 year low of $15.28 and a 1 year high of $21.57.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) 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%.Healthcare Realty Trust’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.39 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, equities analysts predict that Healthcare Realty Trust Incorporated will post 1.63 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were issued a dividend of $0.24 per share. The ex-dividend date was Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.5%. Healthcare Realty Trust’s payout ratio is currently -165.52%.

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.