JPMorgan Chase & Co. Grows Stock Holdings in Healthcare Realty Trust Incorporated $HR

JPMorgan Chase & Co. raised its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 11.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 6,794,815 shares of the real estate investment trust’s stock after acquiring an additional 683,211 shares during the period. JPMorgan Chase & Co. owned 1.93% of Healthcare Realty Trust worth $107,766,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in HR. Centersquare Investment Management LLC acquired a new position in Healthcare Realty Trust in the first quarter valued at $30,834,000. Nuveen LLC purchased a new stake in Healthcare Realty Trust in the 1st quarter valued at about $21,221,000. Northside Capital Management LLC acquired a new position in shares of Healthcare Realty Trust during the 2nd quarter valued at about $15,707,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of Healthcare Realty Trust by 15.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,859,453 shares of the real estate investment trust’s stock worth $108,791,000 after acquiring an additional 893,938 shares during the period. Finally, Gotham Asset Management LLC boosted its position in shares of Healthcare Realty Trust by 34.7% in the first quarter. Gotham Asset Management LLC now owns 1,251,215 shares of the real estate investment trust’s stock worth $21,146,000 after acquiring an additional 322,288 shares during the last quarter.

Insider Activity at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $18.00, for a total transaction of $270,000.00. Following the transaction, the executive vice president directly owned 113,419 shares of the company’s stock, valued at approximately $2,041,542. The trade was a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.37% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on HR shares. Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Scotiabank raised Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and increased their target price for the stock from $18.00 to $20.00 in a research report on Friday, September 5th. BTIG Research reiterated a “buy” rating and issued a $20.00 target price on shares of Healthcare Realty Trust in a report on Monday, September 29th. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Tuesday. Finally, Raymond James Financial downgraded Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Healthcare Realty Trust presently has an average rating of “Hold” and an average target price of $18.89.

Healthcare Realty Trust Trading Up 1.4%

Shares of NYSE HR opened at $18.30 on Friday. The stock has a fifty day moving average price of $18.07 and a 200 day moving average price of $16.73. Healthcare Realty Trust Incorporated has a 12-month low of $14.09 and a 12-month high of $18.97. The company has a market cap of $6.43 billion, a P/E ratio of -15.91 and a beta of 0.95.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping the consensus estimate 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 $297.77 million during the quarter, compared to the consensus estimate of $291.10 million. During the same quarter in the prior year, the business earned $0.39 earnings per share. The company’s revenue was down 6.2% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. On average, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Tuesday, November 11th were paid a dividend of $0.24 per share. The ex-dividend date was Monday, November 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.2%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -90.57%.

Healthcare Realty Trust 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.