UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Increases Stake in Healthcare Realty Trust Incorporated $HR

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 4.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,209,940 shares of the real estate investment trust’s stock after purchasing an additional 103,277 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.63% of Healthcare Realty Trust worth $37,348,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Golden State Wealth Management LLC purchased a new position in shares of Healthcare Realty Trust in the 1st quarter valued at approximately $26,000. SVB Wealth LLC purchased a new position in shares of Healthcare Realty Trust in the 1st quarter valued at approximately $35,000. Lazard Asset Management LLC purchased a new position in shares of Healthcare Realty Trust in the 4th quarter valued at approximately $45,000. Financial Gravity Asset Management Inc. purchased a new position in shares of Healthcare Realty Trust in the 1st quarter valued at approximately $48,000. Finally, UMB Bank n.a. raised its position in shares of Healthcare Realty Trust by 73.3% in the 1st quarter. UMB Bank n.a. now owns 3,024 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 1,279 shares during the last quarter.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 10,000 shares of the company’s stock in a transaction dated Wednesday, August 13th. The stock was acquired at an average price of $16.46 per share, with a total value of $164,600.00. Following the completion of the acquisition, the director directly owned 75,520 shares of the company’s stock, valued at $1,243,059.20. This represents a 15.26% increase in their ownership of the stock. The transaction 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 company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $18.00, for a total transaction of $270,000.00. Following 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 position. The disclosure for this sale can be found here. 0.37% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on HR shares. JPMorgan Chase & Co. decreased their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “neutral” rating for the company in a research report on Thursday, June 26th. Wells Fargo & Company lifted their price objective on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the company an “underweight” rating in a research note on Wednesday, August 27th. Raymond James Financial restated an “underperform” rating on shares of Healthcare Realty Trust in a research note on Monday. Scotiabank upgraded shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the company from $18.00 to $20.00 in a research note on Friday, September 5th. Finally, Wall Street Zen cut shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 31st. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Healthcare Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $17.67.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $18.07 on Tuesday. The firm has a market cap of $6.35 billion, a PE ratio of -15.71 and a beta of 0.94. The firm has a fifty day moving average of $16.79 and a 200 day moving average of $16.00. Healthcare Realty Trust Incorporated has a one year low of $14.09 and a one year high of $18.90.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. The company had revenue of $287.07 million during 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 previous year, the firm earned $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, equities analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.3%. Healthcare Realty Trust’s dividend payout ratio is presently -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.