NEOS Investment Management LLC acquired a new position in Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 75,836 shares of the real estate investment trust’s stock, valued at approximately $2,214,000.
Other hedge funds have also recently bought and sold shares of the company. Continuum Advisory LLC bought a new position in Healthcare Realty Trust during the second quarter valued at about $26,000. Wiser Advisor Group LLC acquired a new stake in shares of Healthcare Realty Trust in the third quarter worth about $25,000. Eurizon Capital SGR S.p.A. bought a new stake in shares of Healthcare Realty Trust during the 4th quarter worth about $37,000. Versant Capital Management Inc boosted its stake in shares of Healthcare Realty Trust by 48.2% during the 2nd quarter. Versant Capital Management Inc now owns 2,274 shares of the real estate investment trust’s stock worth $46,000 after acquiring an additional 740 shares in the last quarter. Finally, Main Street Group LTD bought a new stake in shares of Healthcare Realty Trust during the 1st quarter worth about $42,000.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on HR shares. Weiss Ratings raised Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Cantor Fitzgerald upped 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. JPMorgan Chase & Co. upped their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Wells Fargo & Company lowered their price target on Healthcare Realty Trust from $21.00 to $20.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st. Finally, Raymond James Financial started coverage on shares of Healthcare Realty Trust in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $24.00 price target on the stock. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $21.89.
Healthcare Realty Trust Price Performance
HR stock opened at $19.13 on Tuesday. The stock has a market capitalization of $6.56 billion, a price-to-earnings ratio of -73.58 and a beta of 0.95. The company has a 50-day moving average of $20.20 and a two-hundred day moving average of $19.39. Healthcare Realty Trust Incorporated has a 52-week low of $16.31 and a 52-week high of $22.04.
Healthcare Realty Trust (NYSE:HR – Get Free Report) last posted its quarterly earnings data 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 return on equity of 1.91% and a negative net margin of 7.59%.The business had revenue of $278.58 million during the quarter, compared to the consensus estimate of $271.60 million. During the same quarter in the previous year, the firm posted $0.41 earnings per share. The company’s revenue for the quarter 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. Equities analysts expect that Healthcare Realty Trust Incorporated will post 1.65 EPS for the current fiscal year.
Healthcare Realty Trust Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th were issued a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.96 dividend on an annualized basis and a yield of 5.0%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -369.23%.
Insider Buying and Selling
In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 25,767 shares of Healthcare Realty Trust stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total value of $524,873.79. Following the transaction, the chief accounting officer directly owned 109,954 shares of the company’s stock, valued at $2,239,762.98. The trade was a 18.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.56% of the stock is currently owned by corporate insiders.
Healthcare Realty Trust Company 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.
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