Parallel Advisors LLC Has $122,000 Stock Holdings in Healthcare Realty Trust Incorporated $HR

Parallel Advisors LLC decreased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 11.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,679 shares of the real estate investment trust’s stock after selling 1,031 shares during the period. Parallel Advisors LLC’s holdings in Healthcare Realty Trust were worth $122,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Harbor Capital Advisors Inc. boosted its holdings in Healthcare Realty Trust by 16.4% in the first quarter. Harbor Capital Advisors Inc. now owns 4,945 shares of the real estate investment trust’s stock worth $84,000 after acquiring an additional 695 shares in the last quarter. Peak Financial Advisors LLC boosted its holdings in Healthcare Realty Trust by 6.8% in 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 in the last quarter. ProShare Advisors LLC boosted its holdings in Healthcare Realty Trust by 4.8% in 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 in the last quarter. Focus Financial Network Inc. boosted its holdings in Healthcare Realty Trust by 6.9% in 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 in the last quarter. Finally, Comprehensive Money Management Services LLC boosted its holdings in Healthcare Realty Trust by 4.7% in 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 in the last quarter.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 10,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average price of $16.46 per share, for a total transaction of $164,600.00. Following the acquisition, the director directly owned 75,520 shares in the company, valued at approximately $1,243,059.20. This trade represents a 15.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Julie F. Wilson sold 15,000 shares of the business’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $18.00, for a total value of $270,000.00. Following the transaction, the executive vice president owned 113,419 shares in the company, valued at approximately $2,041,542. This represents 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

Several analysts have recently commented on HR shares. BTIG Research reissued a “buy” rating and issued a $20.00 price objective on shares of Healthcare Realty Trust in a research note on Wednesday, September 10th. Wells Fargo & Company increased their price objective 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. Wall Street Zen downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 31st. Scotiabank raised Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the stock from $18.00 to $20.00 in a research note on Friday, September 5th. Finally, JPMorgan Chase & Co. lowered their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a “neutral” rating for the company in a research note on Thursday, June 26th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Healthcare Realty Trust has an average rating of “Hold” and a consensus price target of $17.67.

Healthcare Realty Trust Stock Down 0.0%

Shares of HR stock opened at $17.83 on Wednesday. The firm has a market cap of $6.27 billion, a P/E ratio of -15.51 and a beta of 0.94. The business has a 50-day moving average price of $17.01 and a two-hundred day moving average price of $16.06. Healthcare Realty Trust Incorporated has a 12-month low of $14.09 and a 12-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 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. The firm had revenue of $287.07 million for the quarter, compared to the consensus estimate 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 quarter in the previous year, the business earned $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. As a group, research analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

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

About Healthcare Realty Trust

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.