Cresset Asset Management LLC Increases Stock Holdings in Healthcare Realty Trust Incorporated $HR

Cresset Asset Management LLC lifted its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 10.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,133 shares of the real estate investment trust’s stock after buying an additional 2,121 shares during the period. Cresset Asset Management LLC’s holdings in Healthcare Realty Trust were worth $391,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Harbor Capital Advisors Inc. boosted its position in shares of Healthcare Realty Trust by 16.4% during the first quarter. Harbor Capital Advisors Inc. now owns 4,945 shares of the real estate investment trust’s stock valued at $84,000 after buying an additional 695 shares during the last quarter. Peak Financial Advisors LLC lifted its holdings in Healthcare Realty Trust by 6.8% during the first quarter. Peak Financial Advisors LLC now owns 11,413 shares of the real estate investment trust’s stock worth $193,000 after acquiring an additional 728 shares during the period. ProShare Advisors LLC lifted its holdings in Healthcare Realty Trust by 4.8% during the fourth quarter. ProShare Advisors LLC now owns 16,581 shares of the real estate investment trust’s stock worth $281,000 after acquiring an additional 756 shares during the period. Focus Financial Network Inc. lifted its holdings in Healthcare Realty Trust by 6.9% during the first quarter. Focus Financial Network Inc. now owns 11,868 shares of the real estate investment trust’s stock worth $201,000 after acquiring an additional 762 shares during the period. Finally, Comprehensive Money Management Services LLC lifted its holdings in Healthcare Realty Trust by 4.7% during the first quarter. Comprehensive Money Management Services LLC now owns 17,918 shares of the real estate investment trust’s stock worth $303,000 after acquiring an additional 800 shares during the period.

Healthcare Realty Trust Price Performance

Shares of HR opened at $16.9950 on Monday. The firm has a market cap of $5.98 billion, a PE ratio of -14.78 and a beta of 0.89. The stock’s fifty day moving average price is $16.08 and its two-hundred day moving average price is $15.88. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $18.90.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share (EPS) 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 return on equity of 7.70% and a negative net margin of 32.95%.During the same period in the previous year, the company posted $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. Sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 5.6%. Healthcare Realty Trust’s payout ratio is presently -83.48%.

Insider Activity

In other news, Director Thomas N. Bohjalian bought 10,000 shares of the stock in a transaction on Wednesday, August 13th. The shares were purchased at an average cost of $16.46 per share, for a total transaction of $164,600.00. Following the completion of the purchase, the director directly owned 75,520 shares in the company, valued at $1,243,059.20. This represents a 15.26% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.37% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on HR shares. Wedbush dropped their price target on Healthcare Realty Trust from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Monday, May 5th. JPMorgan Chase & Co. dropped their price target on Healthcare Realty Trust from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Thursday, June 26th. Wells Fargo & Company dropped their price target on Healthcare Realty Trust from $16.00 to $15.00 and set an “underweight” rating on the stock in a report on Monday, June 2nd. Finally, Wall Street Zen lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 31st. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $16.40.

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.