Teacher Retirement System of Texas raised its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 19.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 76,378 shares of the real estate investment trust’s stock after purchasing an additional 12,485 shares during the quarter. Teacher Retirement System of Texas’ holdings in Healthcare Realty Trust were worth $1,211,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently added to or reduced their stakes in the stock. Solstein Capital LLC acquired a new stake in Healthcare Realty Trust during the second quarter valued at approximately $135,000. Envestnet Asset Management Inc. boosted its holdings in Healthcare Realty Trust by 25.3% during the second quarter. Envestnet Asset Management Inc. now owns 974,180 shares of the real estate investment trust’s stock valued at $15,450,000 after purchasing an additional 196,690 shares in the last quarter. Chilton Capital Management LLC boosted its holdings in Healthcare Realty Trust by 15.1% during the second quarter. Chilton Capital Management LLC now owns 804,483 shares of the real estate investment trust’s stock valued at $12,759,000 after purchasing an additional 105,810 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in Healthcare Realty Trust by 8.0% during the second quarter. State of New Jersey Common Pension Fund D now owns 221,322 shares of the real estate investment trust’s stock valued at $3,510,000 after purchasing an additional 16,421 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Healthcare Realty Trust by 0.5% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 389,455 shares of the real estate investment trust’s stock valued at $6,177,000 after acquiring an additional 1,747 shares during the last quarter.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on HR. Weiss Ratings reiterated a “sell (d+)” rating on shares of Healthcare Realty Trust in a research note on Wednesday, October 8th. Raymond James Financial cut shares of Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a research note on Monday, September 15th. BTIG Research reiterated a “buy” rating and issued a $20.00 target price on shares of Healthcare Realty Trust in a research note on Monday, September 29th. Royal Bank Of Canada began coverage on shares of Healthcare Realty Trust in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 target price for the company. Finally, Wells Fargo & Company upgraded shares of Healthcare Realty Trust from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $16.00 to $18.00 in a research note on Monday, October 20th. Three research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $18.75.
Healthcare Realty Trust Stock Performance
Shares of Healthcare Realty Trust stock opened at $17.95 on Thursday. The firm has a fifty day moving average of $18.01 and a two-hundred day moving average of $16.45. The stock has a market capitalization of $6.31 billion, a price-to-earnings ratio of -15.60 and a beta of 0.95. Healthcare Realty Trust Incorporated has a 52 week low of $14.09 and a 52 week high of $18.97.
Healthcare Realty Trust (NYSE:HR – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. 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 net margin of 32.95% and a negative return on equity of 7.70%. The business had revenue of $287.40 million during the quarter, compared to analysts’ expectations of $291.10 million. During the same quarter in the prior year, the company earned $0.39 EPS. The firm’s quarterly revenue was down 6.2% on a year-over-year basis. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. As a group, research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.
Healthcare Realty Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Tuesday, November 11th will be given a $0.24 dividend. The ex-dividend date is Monday, November 10th. 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 currently -90.57%.
Insiders Place Their Bets
In other Healthcare Realty Trust news, EVP Julie F. Wilson sold 15,000 shares of the stock in a transaction dated 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 price of $16.46 per share, with a total value 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 position. The SEC filing for this purchase provides additional information. 0.37% of the stock is owned by corporate insiders.
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.
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