Strs Ohio Sells 269,072 Shares of Healthcare Realty Trust Incorporated $HR

Strs Ohio reduced its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 66.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 138,846 shares of the real estate investment trust’s stock after selling 269,072 shares during the period. Strs Ohio’s holdings in Healthcare Realty Trust were worth $2,503,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Financial Gravity Companies Inc. purchased a new position in Healthcare Realty Trust in the second quarter valued at about $45,000. MTM Investment Management LLC bought a new stake in shares of Healthcare Realty Trust in the 2nd quarter worth approximately $53,000. Quent Capital LLC purchased a new position in Healthcare Realty Trust in the third quarter valued at approximately $54,000. Ameritas Advisory Services LLC purchased a new position in Healthcare Realty Trust in the second quarter valued at approximately $60,000. Finally, Solstein Capital LLC bought a new position in Healthcare Realty Trust during the second quarter valued at $135,000.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HR shares. Cantor Fitzgerald initiated coverage on Healthcare Realty Trust in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $23.00 target price on the stock. Wall Street Zen downgraded shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Friday. Wells Fargo & Company increased their target price on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Citigroup boosted their price target on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Monday, December 29th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $19.13.

Healthcare Realty Trust Trading Down 1.4%

Shares of NYSE:HR opened at $16.86 on Tuesday. The company has a 50 day moving average of $17.32 and a 200 day moving average of $17.39. The stock has a market cap of $5.93 billion, a P/E ratio of -15.90 and a beta of 0.96. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.97.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 30.51% and a negative return on equity of 7.32%. The business had revenue of $297.77 million for the quarter, compared to analysts’ expectations of $291.10 million. During the same period in the prior year, the company posted $0.39 EPS. The business’s revenue for the quarter 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, equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Tuesday, November 11th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $0.96 annualized dividend and a yield of 5.7%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -90.57%.

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.