GWN Securities Inc. Cuts Stock Holdings in Healthcare Realty Trust Incorporated $HR

GWN Securities Inc. lowered its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 17.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,237 shares of the real estate investment trust’s stock after selling 2,371 shares during the quarter. GWN Securities Inc.’s holdings in Healthcare Realty Trust were worth $178,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Crossmark Global Holdings Inc. bought a new position in shares of Healthcare Realty Trust during the 1st quarter worth approximately $228,000. Golden State Wealth Management LLC bought a new position in shares of Healthcare Realty Trust during the 1st quarter worth approximately $26,000. Sequoia Financial Advisors LLC lifted its position in shares of Healthcare Realty Trust by 8.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 14,803 shares of the real estate investment trust’s stock worth $250,000 after buying an additional 1,171 shares in the last quarter. Sequent Asset Management LLC bought a new position in shares of Healthcare Realty Trust during the 1st quarter worth approximately $1,022,000. Finally, Pekin Hardy Strauss Inc. bought a new position in shares of Healthcare Realty Trust during the 1st quarter worth approximately $355,000.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Cantor Fitzgerald assumed coverage on shares of Healthcare Realty Trust in a research report on Wednesday, October 1st. They set an “overweight” rating and a $23.00 target price on the stock. Raymond James Financial cut shares of Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. BTIG Research reaffirmed a “buy” rating and issued a $20.00 price target on shares of Healthcare Realty Trust in a report on Monday, September 29th. Wells Fargo & Company upgraded Healthcare Realty Trust from an “underweight” rating to an “equal weight” rating and boosted their target price for the company from $16.00 to $18.00 in a research note on Monday, October 20th. Finally, Scotiabank upgraded Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from $18.00 to $20.00 in a research note on Friday, September 5th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and an average price target of $18.75.

Insiders Place Their Bets

In other Healthcare Realty Trust 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 sale, 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 legal filing with the SEC, which is available through this link. Also, Director Thomas N. Bohjalian bought 10,000 shares of the stock in a transaction on Wednesday, August 13th. The shares were acquired at an average cost of $16.46 per share, for a total transaction of $164,600.00. Following the acquisition, the director directly owned 75,520 shares in the company, valued at approximately $1,243,059.20. This trade represents a 15.26% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.37% of the company’s stock.

Healthcare Realty Trust Price Performance

Shares of HR stock opened at $17.77 on Friday. The company’s fifty day simple moving average is $17.96 and its two-hundred day simple moving average is $16.40. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $18.97. The stock has a market capitalization of $6.25 billion, a price-to-earnings ratio of -15.45 and a beta of 0.96.

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 (EPS) for the quarter, beating analysts’ consensus estimates 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 $287.40 million for the quarter, compared to analysts’ expectations of $291.10 million. During the same quarter in the previous year, the firm 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. Equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

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.