Healthcare Realty Trust Incorporated $HR Shares Acquired by Legal & General Group Plc

Legal & General Group Plc raised its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 6.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,259,672 shares of the real estate investment trust’s stock after purchasing an additional 205,659 shares during the period. Legal & General Group Plc’s holdings in Healthcare Realty Trust were worth $55,251,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Jefferies Financial Group Inc. acquired a new stake in shares of Healthcare Realty Trust during the fourth quarter valued at about $609,000. MQS Management LLC acquired a new stake in shares of Healthcare Realty Trust during the fourth quarter valued at about $173,000. LSV Asset Management acquired a new stake in shares of Healthcare Realty Trust during the fourth quarter valued at about $1,905,000. Global Retirement Partners LLC grew its holdings in shares of Healthcare Realty Trust by 46.0% in the fourth quarter. Global Retirement Partners LLC now owns 6,113 shares of the real estate investment trust’s stock valued at $104,000 after purchasing an additional 1,925 shares in the last quarter. Finally, Marble Harbor Investment Counsel LLC grew its holdings in shares of Healthcare Realty Trust by 1.9% in the fourth quarter. Marble Harbor Investment Counsel LLC now owns 918,982 shares of the real estate investment trust’s stock valued at $15,577,000 after purchasing an additional 17,550 shares in the last quarter.

Analysts Set New Price Targets

HR has been the subject of a number of research reports. Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. UBS Group lifted their price objective on shares of Healthcare Realty Trust from $18.00 to $20.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Royal Bank Of Canada lifted their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “sector perform” rating in a report on Thursday, May 14th. Citigroup lifted their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Cantor Fitzgerald lifted their price objective on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $20.25.

Healthcare Realty Trust Trading Down 0.8%

Shares of NYSE:HR opened at $19.95 on Friday. The company has a market capitalization of $6.91 billion, a PE ratio of -34.40 and a beta of 0.97. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $20.61. The firm has a 50 day simple moving average of $18.72 and a 200-day simple moving average of $17.97.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The business had revenue of $275.28 million during the quarter, compared to the consensus estimate of $283.01 million. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The company’s revenue was down 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, equities research analysts predict that Healthcare Realty Trust Incorporated will post 1.61 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Monday, May 11th. Healthcare Realty Trust’s payout ratio is currently -165.52%.

Insider Buying and Selling at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian acquired 10,000 shares of Healthcare Realty Trust stock in a transaction dated Friday, March 6th. The stock was acquired at an average price of $18.09 per share, for a total transaction of $180,900.00. Following the transaction, the director owned 85,520 shares of the company’s stock, valued at $1,547,056.80. This represents a 13.24% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.56% of the company’s stock.

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.