Cwm LLC Grows Position in Healthcare Realty Trust Incorporated $HR

Cwm LLC increased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 220.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,415 shares of the real estate investment trust’s stock after purchasing an additional 48,424 shares during the quarter. Cwm LLC’s holdings in Healthcare Realty Trust were worth $1,270,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Nissay Asset Management Corp Japan ADV increased its position in shares of Healthcare Realty Trust by 2.4% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 52,368 shares of the real estate investment trust’s stock valued at $885,000 after acquiring an additional 1,251 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Healthcare Realty Trust during the 1st quarter worth approximately $205,000. Kestra Investment Management LLC acquired a new stake in Healthcare Realty Trust in the 1st quarter valued at approximately $102,000. Caxton Associates LLP purchased a new stake in Healthcare Realty Trust in the first quarter valued at approximately $1,877,000. Finally, Empowered Funds LLC acquired a new position in Healthcare Realty Trust during the first quarter worth $202,000.

Wall Street Analyst Weigh In

Several research firms have recently commented on HR. Citigroup raised their price target on Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. Raymond James Financial cut Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. Royal Bank Of Canada initiated coverage on shares of Healthcare Realty Trust in a research note on Wednesday, October 8th. They set a “sector perform” rating and a $19.00 price target on the stock. Wells Fargo & Company increased their price target on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Finally, BTIG Research reaffirmed a “buy” rating and set a $20.00 target price on shares of Healthcare Realty Trust in a research note on Monday, September 29th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $19.13.

Healthcare Realty Trust Stock Performance

HR stock opened at $16.98 on Tuesday. The company’s 50 day moving average price is $17.56 and its 200 day moving average price is $17.25. The firm has a market capitalization of $5.97 billion, a price-to-earnings ratio of -16.01 and a beta of 0.96. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.09 and a fifty-two week high of $18.97.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 30.51% and a negative return on equity of 7.32%. The company had revenue of $297.77 million during the quarter, compared to analysts’ expectations of $291.10 million. During the same quarter in the previous year, the business posted $0.39 EPS. The firm’s 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. Equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Tuesday, November 11th were paid a dividend of $0.24 per share. The ex-dividend date was Monday, November 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.7%. Healthcare Realty Trust’s payout ratio is presently -90.57%.

About Healthcare Realty Trust

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.