IFM Investors Pty Ltd Sells 18,296 Shares of Healthcare Realty Trust Incorporated $HR

IFM Investors Pty Ltd lowered its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 25.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 53,168 shares of the real estate investment trust’s stock after selling 18,296 shares during the period. IFM Investors Pty Ltd’s holdings in Healthcare Realty Trust were worth $843,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in HR. Wealth Enhancement Advisory Services LLC raised its holdings in Healthcare Realty Trust by 9.1% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 55,854 shares of the real estate investment trust’s stock worth $889,000 after buying an additional 4,650 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Healthcare Realty Trust by 12.6% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 77,860 shares of the real estate investment trust’s stock valued at $1,235,000 after acquiring an additional 8,708 shares in the last quarter. Triumph Capital Management boosted its stake in shares of Healthcare Realty Trust by 11.7% in the second quarter. Triumph Capital Management now owns 21,165 shares of the real estate investment trust’s stock worth $336,000 after acquiring an additional 2,216 shares during the period. Voya Investment Management LLC raised its position in shares of Healthcare Realty Trust by 2.8% during the first quarter. Voya Investment Management LLC now owns 44,136 shares of the real estate investment trust’s stock valued at $746,000 after buying an additional 1,194 shares during the last quarter. Finally, Hodges Capital Management Inc. boosted its holdings in shares of Healthcare Realty Trust by 3.1% during the 1st quarter. Hodges Capital Management Inc. now owns 37,365 shares of the real estate investment trust’s stock valued at $631,000 after purchasing an additional 1,130 shares during the last quarter.

Healthcare Realty Trust Stock Down 0.0%

HR stock opened at $17.83 on Wednesday. Healthcare Realty Trust Incorporated has a 52 week low of $14.09 and a 52 week high of $18.82. The stock has a market capitalization of $6.27 billion, a P/E ratio of -15.51 and a beta of 0.94. The firm has a 50-day simple moving average of $17.01 and a 200-day simple moving average of $16.06.

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

Healthcare Realty Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were given a $0.24 dividend. The ex-dividend date was Thursday, August 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.4%. Healthcare Realty Trust’s dividend payout ratio is -83.48%.

Insider Buying and Selling at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian acquired 10,000 shares of Healthcare Realty Trust stock in a transaction that occurred 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 acquisition, the director owned 75,520 shares in the company, valued at approximately $1,243,059.20. This represents a 15.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Julie F. Wilson sold 15,000 shares of the stock in a transaction that occurred 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 transaction, 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 insiders.

Analyst Ratings Changes

HR has been the subject of a number of recent research reports. Scotiabank raised shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the stock from $18.00 to $20.00 in a research note on Friday, September 5th. Wells Fargo & Company increased their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 27th. Raymond James Financial lowered shares of Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a research note on Monday, September 15th. JPMorgan Chase & Co. reduced their price target on 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. Finally, Wall Street Zen lowered shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, May 31st. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.67.

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.