Solstein Capital LLC Takes Position in Healthcare Realty Trust Incorporated $HR

Solstein Capital LLC acquired a new position in Healthcare Realty Trust Incorporated (NYSE:HR) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,510 shares of the real estate investment trust’s stock, valued at approximately $135,000.

Several other hedge funds have also recently bought and sold shares of HR. Golden State Wealth Management LLC purchased a new stake in Healthcare Realty Trust in the 1st quarter worth about $26,000. SVB Wealth LLC purchased a new stake in Healthcare Realty Trust in the 1st quarter worth about $35,000. Anchor Investment Management LLC purchased a new stake in Healthcare Realty Trust in the 1st quarter worth about $38,000. Financial Gravity Asset Management Inc. purchased a new stake in Healthcare Realty Trust in the 1st quarter worth about $48,000. Finally, Avalon Trust Co purchased a new stake in Healthcare Realty Trust in the 1st quarter worth about $53,000.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Raymond James Financial downgraded Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a research note on Monday, September 15th. Royal Bank Of Canada began coverage on Healthcare Realty Trust in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 price objective for the company. Wells Fargo & Company raised Healthcare Realty Trust from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $16.00 to $18.00 in a research report on Monday, October 20th. Scotiabank raised Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and upped their target price for the stock from $18.00 to $20.00 in a research report on Friday, September 5th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Healthcare Realty Trust in a research report on Saturday. Three analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $18.75.

Healthcare Realty Trust Stock Performance

Shares of HR stock opened at $18.68 on Monday. The stock’s 50 day simple moving average is $17.84 and its 200 day simple moving average is $16.33. 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 capitalization of $6.57 billion, a price-to-earnings ratio of -16.24 and a beta of 0.96.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Thursday, July 31st. 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 firm had revenue of $287.07 million during the quarter, compared to analyst estimates of $290.83 million. During the same period in the previous year, the company earned $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 5.1%. The ex-dividend date was Thursday, August 14th. Healthcare Realty Trust’s payout ratio is -83.48%.

Insider Activity at Healthcare Realty Trust

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