Healthcare Realty Trust Incorporated $HR Stock Holdings Lowered by Nordea Investment Management AB

Nordea Investment Management AB reduced its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 8.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,715,139 shares of the real estate investment trust’s stock after selling 239,838 shares during the quarter. Nordea Investment Management AB owned 0.77% of Healthcare Realty Trust worth $42,601,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Allianz Asset Management GmbH raised its holdings in shares of Healthcare Realty Trust by 89.9% in the 2nd quarter. Allianz Asset Management GmbH now owns 386,628 shares of the real estate investment trust’s stock worth $6,132,000 after purchasing an additional 183,015 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Healthcare Realty Trust by 139.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 35,475 shares of the real estate investment trust’s stock worth $563,000 after purchasing an additional 20,672 shares in the last quarter. CWM LLC raised its holdings in shares of Healthcare Realty Trust by 4.1% in the 2nd quarter. CWM LLC now owns 21,991 shares of the real estate investment trust’s stock worth $349,000 after purchasing an additional 868 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Healthcare Realty Trust by 6.3% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 72,883 shares of the real estate investment trust’s stock worth $1,156,000 after purchasing an additional 4,341 shares in the last quarter. Finally, Aberdeen Group plc raised its holdings in shares of Healthcare Realty Trust by 2.1% during the second quarter. Aberdeen Group plc now owns 295,659 shares of the real estate investment trust’s stock valued at $4,689,000 after acquiring an additional 6,067 shares during the period.

Healthcare Realty Trust Stock Performance

Healthcare Realty Trust stock opened at $18.60 on Friday. The firm has a market cap of $6.54 billion, a PE ratio of -16.17 and a beta of 0.96. The firm’s 50 day moving average price is $17.63 and its two-hundred day moving average price is $16.22. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.82.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.01. The firm had revenue of $287.07 million for the quarter, compared to analyst estimates of $290.83 million. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. During the same quarter in the prior year, the business earned $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. Equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 5.2%. The ex-dividend date was Thursday, August 14th. Healthcare Realty Trust’s dividend payout ratio is currently -83.48%.

Analyst Ratings Changes

HR has been the topic of a number of recent analyst reports. Cantor Fitzgerald initiated coverage on shares of Healthcare Realty Trust in a report on Wednesday, October 1st. They set an “overweight” rating and a $23.00 price target on the stock. Scotiabank upgraded shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $18.00 to $20.00 in a report on Friday, September 5th. Royal Bank Of Canada initiated coverage on shares of Healthcare Realty Trust in a report on Wednesday, October 8th. They set a “sector perform” rating and a $19.00 price target on the stock. Raymond James Financial lowered shares of Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. Finally, Wells Fargo & Company boosted their price target on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the company an “underweight” rating in a report on Wednesday, August 27th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Healthcare Realty Trust currently has a consensus rating of “Hold” and an average target price of $18.50.

Insider Activity at Healthcare Realty Trust

In other Healthcare Realty Trust news, EVP Julie F. Wilson sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $18.00, for a total value of $270,000.00. Following the completion of the sale, the executive vice president directly owned 113,419 shares of the company’s stock, valued at $2,041,542. The trade was a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Thomas N. Bohjalian bought 10,000 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was acquired at an average cost of $16.46 per share, with a total value of $164,600.00. Following the completion of the transaction, the director directly owned 75,520 shares of the company’s stock, valued at approximately $1,243,059.20. This represents a 15.26% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.37% of the stock is currently owned by corporate insiders.

Healthcare Realty Trust 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.