Creative Planning Acquires 3,911 Shares of Healthcare Realty Trust Incorporated $HR

Creative Planning boosted its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 3.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 120,177 shares of the real estate investment trust’s stock after purchasing an additional 3,911 shares during the period. Creative Planning’s holdings in Healthcare Realty Trust were worth $1,906,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of HR. SVB Wealth LLC bought a new stake in shares of Healthcare Realty Trust in the 1st quarter worth approximately $35,000. Anchor Investment Management LLC purchased a new stake in Healthcare Realty Trust in the first quarter worth $38,000. Avalon Trust Co bought a new stake in Healthcare Realty Trust in the first quarter valued at $53,000. Ameritas Advisory Services LLC purchased a new position in Healthcare Realty Trust during the 2nd quarter valued at $60,000. Finally, Kestra Investment Management LLC purchased a new position in Healthcare Realty Trust during the 1st quarter valued at $102,000.

Insider Transactions at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of the company’s stock in a transaction that occurred on 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on HR shares. Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Citigroup lifted their price objective on Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Tuesday. BTIG Research restated a “buy” rating and issued a $20.00 target price on shares of Healthcare Realty Trust in a research note on Monday, September 29th. Finally, Scotiabank upgraded Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $18.00 to $20.00 in a research report on Friday, September 5th. Three analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $18.89.

Healthcare Realty Trust Stock Up 1.4%

HR stock opened at $18.30 on Thursday. The business has a 50 day moving average of $18.06 and a 200 day moving average of $16.72. The firm has a market cap of $6.43 billion, a PE ratio of -15.91 and a beta of 0.95. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.97.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping 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 firm had revenue of $297.77 million for the quarter, compared to analysts’ expectations of $291.10 million. During the same period in the prior year, the firm posted $0.39 earnings per share. The company’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. On average, research analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Monday, November 10th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -90.57%.

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.