Chilton Capital Management LLC increased its position in Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 15.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 804,483 shares of the real estate investment trust’s stock after purchasing an additional 105,810 shares during the quarter. Chilton Capital Management LLC owned approximately 0.23% of Healthcare Realty Trust worth $12,759,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in HR. Massachusetts Financial Services Co. MA acquired a new stake in shares of Healthcare Realty Trust during the first quarter worth $100,817,000. Centersquare Investment Management LLC acquired a new position in Healthcare Realty Trust in the first quarter valued at about $30,834,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Healthcare Realty Trust in the first quarter worth about $22,285,000. Nuveen LLC bought a new stake in shares of Healthcare Realty Trust in the first quarter worth about $21,221,000. Finally, Northside Capital Management LLC bought a new position in Healthcare Realty Trust in the second quarter valued at approximately $15,707,000.
Analyst Ratings Changes
A number of research analysts recently issued reports on HR shares. Raymond James Financial downgraded Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. Weiss Ratings restated a “sell (d+)” rating on shares of Healthcare Realty Trust in a report on Saturday. BTIG Research reiterated a “buy” rating and issued a $20.00 price target on shares of Healthcare Realty Trust in a research note on Monday, September 29th. Scotiabank upgraded shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the stock from $18.00 to $20.00 in a research note on Friday, September 5th. Finally, Royal Bank Of Canada assumed coverage on Healthcare Realty Trust in a research report on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 target price on the stock. Three equities research 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. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $18.75.
Insider Buying and Selling
In related news, Director Thomas N. Bohjalian bought 10,000 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average cost of $16.46 per share, for a total transaction of $164,600.00. Following the transaction, the director owned 75,520 shares in the company, valued at $1,243,059.20. The trade was a 15.26% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Julie F. Wilson sold 15,000 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president directly owned 113,419 shares in the company, valued at approximately $2,041,542. This represents a 11.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.37% of the stock is currently owned by insiders.
Healthcare Realty Trust Stock Performance
Healthcare Realty Trust stock opened at $18.68 on Friday. The stock has a 50-day simple moving average of $17.84 and a 200 day simple moving average of $16.33. The stock has a market capitalization of $6.57 billion, a P/E ratio of -16.24 and a beta of 0.96. Healthcare Realty Trust Incorporated has a 52 week low of $14.09 and a 52 week high of $18.97.
Healthcare Realty Trust (NYSE:HR – Get Free Report) last released its quarterly earnings data on Thursday, July 31st. 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. The company had revenue of $287.07 million during the quarter, compared to analysts’ expectations of $290.83 million. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%.During the same period last year, the firm posted $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. Research analysts forecast 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 declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend was Thursday, August 14th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -83.48%.
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.
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