Healthcare Realty Trust Incorporated $HR Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 9.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,854 shares of the real estate investment trust’s stock after purchasing an additional 4,650 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Healthcare Realty Trust were worth $889,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA acquired a new position in Healthcare Realty Trust in the first quarter valued at $100,817,000. Charles Schwab Investment Management Inc. boosted its holdings in Healthcare Realty Trust by 2.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,470,199 shares of the real estate investment trust’s stock valued at $92,446,000 after acquiring an additional 139,019 shares during the last quarter. Northern Trust Corp boosted its holdings in Healthcare Realty Trust by 1.0% in the first quarter. Northern Trust Corp now owns 4,080,435 shares of the real estate investment trust’s stock valued at $68,959,000 after acquiring an additional 39,466 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Healthcare Realty Trust by 2.5% in the first quarter. Russell Investments Group Ltd. now owns 2,841,636 shares of the real estate investment trust’s stock valued at $48,023,000 after acquiring an additional 69,114 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Healthcare Realty Trust by 4.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,209,940 shares of the real estate investment trust’s stock valued at $37,348,000 after acquiring an additional 103,277 shares during the last quarter.

Insiders Place Their Bets

In other news, EVP Julie F. Wilson sold 15,000 shares of the 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 completion of the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas N. Bohjalian bought 10,000 shares of the business’s 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 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 disclosure for this purchase can be found here. 0.37% of the stock is currently owned by corporate insiders.

Healthcare Realty Trust Stock Performance

NYSE:HR opened at $18.06 on Friday. The company has a market capitalization of $6.35 billion, a price-to-earnings ratio of -15.71 and a beta of 0.96. Healthcare Realty Trust Incorporated has a one year low of $14.09 and a one year high of $18.82. The stock has a 50-day simple moving average of $17.24 and a 200 day simple moving average of $16.13.

Healthcare Realty Trust (NYSE:HR) last issued 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 company had revenue of $287.07 million during the quarter, compared to the consensus estimate of $290.83 million. During the same period in the previous year, the firm posted $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, equities research analysts forecast 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. Stockholders of record on Thursday, August 14th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Thursday, August 14th. Healthcare Realty Trust’s dividend payout ratio is -83.48%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Wells Fargo & Company lifted their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the company an “underweight” rating in a report on Wednesday, August 27th. Scotiabank upgraded Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the company from $18.00 to $20.00 in a report on Friday, September 5th. BTIG Research reiterated a “buy” rating and issued a $20.00 target price on shares of Healthcare Realty Trust in a report on Monday. Raymond James Financial lowered Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a research report on Monday, September 15th. Finally, Cantor Fitzgerald started coverage on Healthcare Realty Trust in a research report on Wednesday. They issued an “overweight” rating and a $23.00 price objective on the stock. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $18.43.

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.