Key Points
- Healthcare Realty Trust COO Robert Hull sold 21,000 shares at an average price of $19.11, worth approximately $401,310. The sale reduced his direct ownership by 7.06% to 276,338 shares.
- The stock opened at $18.95, below its 50-day moving average of $20.15, while the company’s latest quarterly results missed analyst EPS estimates despite revenue exceeding expectations.
- Healthcare Realty Trust pays a quarterly dividend of $0.24, equivalent to a 5.1% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $21.89.
Healthcare Realty Trust Incorporated (NYSE:HR - Get Free Report) COO Robert Hull sold 21,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $19.11, for a total transaction of $401,310.00. Following the sale, the chief operating officer directly owned 276,338 shares in the company, valued at approximately $5,280,819.18. The trade was a 7.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Healthcare Realty Trust Trading Down 0.6%
Shares of NYSE:HR opened at $18.95 on Thursday. The firm has a 50 day simple moving average of $20.15 and a 200-day simple moving average of $19.40. Healthcare Realty Trust Incorporated has a twelve month low of $16.31 and a twelve month high of $22.04. The company has a market capitalization of $6.49 billion, a PE ratio of -72.87 and a beta of 0.95.
Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of $0.40 by ($0.53). Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The company had revenue of $278.58 million during the quarter, compared to analysts' expectations of $271.60 million. During the same period last year, the business earned $0.41 earnings per share. The company's quarterly revenue was down 5.3% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. As a group, equities research analysts predict that Healthcare Realty Trust Incorporated will post 1.65 EPS for the current fiscal year.
Healthcare Realty Trust Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 5.1%. The ex-dividend date was Tuesday, August 11th. Healthcare Realty Trust's dividend payout ratio is currently -369.23%.
Hedge Funds Weigh In On Healthcare Realty Trust
Institutional investors have recently added to or reduced their stakes in the stock. Jupiter Asset Management Ltd. purchased a new stake in shares of Healthcare Realty Trust in the fourth quarter valued at about $31,810,000. Harbour Investments Inc. raised its position in shares of Healthcare Realty Trust by 3,394.4% during the 4th quarter. Harbour Investments Inc. now owns 70,167 shares of the real estate investment trust's stock worth $1,189,000 after purchasing an additional 68,159 shares during the last quarter. Fifth Third Bancorp lifted its stake in Healthcare Realty Trust by 1,293.6% in the 1st quarter. Fifth Third Bancorp now owns 295,660 shares of the real estate investment trust's stock valued at $5,023,000 after buying an additional 274,445 shares in the last quarter. PGGM Investments acquired a new stake in Healthcare Realty Trust during the 4th quarter valued at $113,389,000. Finally, LSV Asset Management acquired a new position in shares of Healthcare Realty Trust in the fourth quarter worth $1,905,000.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on HR shares. Cantor Fitzgerald lifted their target price on Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an "overweight" rating in a research report on Friday, July 31st. Raymond James Financial initiated coverage on Healthcare Realty Trust in a research report on Tuesday, June 16th. They issued an "outperform" rating and a $24.00 target price for the company. BTIG Research restated a "buy" rating and set a $22.00 price target on shares of Healthcare Realty Trust in a research note on Friday, June 12th. Wells Fargo & Company cut their price target on Healthcare Realty Trust from $21.00 to $20.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 1st. Finally, Weiss Ratings upgraded Healthcare Realty Trust from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $21.89.
Check Out Our Latest Stock Report on Healthcare Realty Trust
Healthcare Realty Trust Company Profile
(
Get Free Report)
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.
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