UBS Group AG Cuts Stock Holdings in Healthcare Realty Trust Incorporated $HR

UBS Group AG decreased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HRFree Report) by 34.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,490,927 shares of the real estate investment trust’s stock after selling 792,024 shares during the period. UBS Group AG’s holdings in Healthcare Realty Trust were worth $25,271,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH boosted its holdings in Healthcare Realty Trust by 36.3% in the third quarter. Allianz Asset Management GmbH now owns 527,024 shares of the real estate investment trust’s stock worth $9,502,000 after purchasing an additional 140,396 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in Healthcare Realty Trust by 8.8% in the third quarter. Thrivent Financial for Lutherans now owns 5,018,021 shares of the real estate investment trust’s stock worth $90,475,000 after purchasing an additional 404,855 shares during the last quarter. Liberty One Investment Management LLC boosted its holdings in Healthcare Realty Trust by 30.2% in the third quarter. Liberty One Investment Management LLC now owns 407,463 shares of the real estate investment trust’s stock worth $7,347,000 after purchasing an additional 94,568 shares during the last quarter. Aberdeen Group plc boosted its holdings in Healthcare Realty Trust by 26.2% in the fourth quarter. Aberdeen Group plc now owns 391,201 shares of the real estate investment trust’s stock worth $6,631,000 after purchasing an additional 81,273 shares during the last quarter. Finally, Cinctive Capital Management LP boosted its holdings in Healthcare Realty Trust by 258.9% in the third quarter. Cinctive Capital Management LP now owns 189,551 shares of the real estate investment trust’s stock worth $3,418,000 after purchasing an additional 136,734 shares during the last quarter.

Insider Activity at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average cost of $18.09 per share, with a total value of $180,900.00. Following the purchase, the director owned 85,520 shares in the company, valued at approximately $1,547,056.80. This trade represents a 13.24% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.56% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HR. Citigroup lifted their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday. Scotiabank lifted their price target on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday. Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings cut shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, UBS Group began coverage on shares of Healthcare Realty Trust in a research note on Monday, April 20th. They set a “neutral” rating and a $18.00 price target on the stock. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $19.75.

Read Our Latest Report on Healthcare Realty Trust

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $20.14 on Monday. The company has a market cap of $7.03 billion, a P/E ratio of -34.72 and a beta of 0.97. The firm’s fifty day moving average is $18.11 and its two-hundred day moving average is $17.73. Healthcare Realty Trust Incorporated has a 52-week low of $14.09 and a 52-week high of $20.46.

Healthcare Realty Trust (NYSE:HRGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $275.28 million for 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%. Healthcare Realty Trust’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.39 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, analysts forecast that Healthcare Realty Trust Incorporated will post 1.61 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 11th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.8%. Healthcare Realty Trust’s payout ratio is currently -165.52%.

Healthcare Realty Trust Company Profile

(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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Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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