Healthcare Realty Trust Incorporated $HR Shares Sold by Pensionfund Sabic

Pensionfund Sabic trimmed its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 10.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,582 shares of the real estate investment trust’s stock after selling 8,000 shares during the period. Pensionfund Sabic’s holdings in Healthcare Realty Trust were worth $1,176,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Starboard Value LP acquired a new position in Healthcare Realty Trust during the 4th quarter valued at about $342,110,000. Massachusetts Financial Services Co. MA acquired a new position in Healthcare Realty Trust during the 1st quarter valued at about $100,817,000. Charles Schwab Investment Management Inc. boosted its stake in Healthcare Realty Trust by 2.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,470,199 shares of the real estate investment trust’s stock valued at $92,446,000 after purchasing an additional 139,019 shares during the period. Northern Trust Corp boosted its stake in Healthcare Realty Trust by 1.0% during the 1st quarter. Northern Trust Corp now owns 4,080,435 shares of the real estate investment trust’s stock valued at $68,959,000 after purchasing an additional 39,466 shares during the period. Finally, Russell Investments Group Ltd. boosted its stake in Healthcare Realty Trust by 2.5% during the 1st quarter. Russell Investments Group Ltd. now owns 2,841,636 shares of the real estate investment trust’s stock valued at $48,023,000 after purchasing an additional 69,114 shares during the period.

Healthcare Realty Trust Price Performance

HR stock opened at $18.36 on Friday. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.90. The firm has a market cap of $6.45 billion, a PE ratio of -15.96 and a beta of 0.94. The firm has a 50 day simple moving average of $16.74 and a 200 day simple moving average of $16.00.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, beating the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The business had revenue of $287.07 million during the quarter, compared to analyst estimates of $290.83 million. During the same period in the prior year, the business earned $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. As a group, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $0.96 annualized dividend and a yield of 5.2%. Healthcare Realty Trust’s dividend payout ratio is currently -83.48%.

Analyst Upgrades and Downgrades

HR has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “neutral” rating for the company in a research note on Thursday, June 26th. Wells Fargo & Company upped their price target on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 27th. BTIG Research reaffirmed a “buy” rating and issued a $20.00 price target on shares of Healthcare Realty Trust in a research note on Wednesday. Scotiabank raised shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and upped their price target for the stock from $18.00 to $20.00 in a research note on Friday, September 5th. Finally, Wall Street Zen lowered shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 31st. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $17.67.

Insider Activity at Healthcare Realty Trust

In related news, EVP Julie F. Wilson sold 15,000 shares of the stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 113,419 shares of the company’s stock, valued at $2,041,542. This represents a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Thomas N. Bohjalian bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The shares were acquired at an average cost of $16.46 per share, with a total value of $164,600.00. Following the completion of the purchase, the director owned 75,520 shares of the company’s stock, valued at approximately $1,243,059.20. The trade was a 15.26% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.37% of the stock is owned by corporate insiders.

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.