Russell Investments Group Ltd. Lowers Stake in Healthcare Realty Trust Incorporated $HR

Russell Investments Group Ltd. cut its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 8.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,603,704 shares of the real estate investment trust’s stock after selling 237,932 shares during the quarter. Russell Investments Group Ltd. owned about 0.74% of Healthcare Realty Trust worth $41,294,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. SVB Wealth LLC bought a new stake in Healthcare Realty Trust during the first quarter valued at about $35,000. Anchor Investment Management LLC purchased a new position in shares of Healthcare Realty Trust in the 1st quarter worth approximately $38,000. Financial Gravity Companies Inc. bought a new position in shares of Healthcare Realty Trust during the 2nd quarter worth approximately $45,000. Avalon Trust Co bought a new position in shares of Healthcare Realty Trust during the 1st quarter worth approximately $53,000. Finally, MTM Investment Management LLC purchased a new stake in Healthcare Realty Trust during the second quarter valued at approximately $53,000.

Healthcare Realty Trust Trading Down 0.3%

Shares of NYSE:HR opened at $18.23 on Friday. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.97. The company has a market cap of $6.41 billion, a PE ratio of -15.85 and a beta of 0.95. The company’s 50 day moving average is $18.07 and its 200 day moving average is $16.76.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.41 EPS for the quarter, beating the consensus estimate of $0.40 by $0.01. The business had revenue of $297.77 million for the quarter, compared to the consensus estimate of $291.10 million. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The business’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. Equities research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend was Monday, November 10th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -90.57%.

Analyst Ratings Changes

Several research firms have issued reports on HR. Scotiabank raised shares of 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 report on Friday, September 5th. Royal Bank Of Canada began coverage on Healthcare Realty Trust in a research note on Wednesday, October 8th. They set a “sector perform” rating and a $19.00 target price on the stock. Citigroup increased their price target on Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Wells Fargo & Company boosted their price target on Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Finally, Cantor Fitzgerald initiated coverage on shares of Healthcare Realty Trust in a report on Wednesday, October 1st. They set an “overweight” rating and a $23.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $18.89.

Insider Buying and Selling at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of the business’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $18.00, for a total value of $270,000.00. Following the completion of the transaction, the executive vice president owned 113,419 shares of the company’s stock, valued at $2,041,542. The trade was a 11.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.37% of the company’s stock.

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.