APG Asset Management US Inc. Buys 231,650 Shares of Healthcare Realty Trust Incorporated $HR

APG Asset Management US Inc. lifted its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 2.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 12,086,673 shares of the real estate investment trust’s stock after purchasing an additional 231,650 shares during the period. Healthcare Realty Trust comprises approximately 1.6% of APG Asset Management US Inc.’s portfolio, making the stock its 18th biggest holding. APG Asset Management US Inc. owned about 3.44% of Healthcare Realty Trust worth $222,032,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Healthcare Realty Trust in the 2nd quarter worth $66,085,000. Rush Island Management LP boosted its holdings in shares of Healthcare Realty Trust by 13.8% during the second quarter. Rush Island Management LP now owns 14,260,152 shares of the real estate investment trust’s stock worth $226,166,000 after purchasing an additional 1,728,491 shares during the period. Prudential Financial Inc. boosted its holdings in shares of Healthcare Realty Trust by 34.9% during the second quarter. Prudential Financial Inc. now owns 4,246,398 shares of the real estate investment trust’s stock worth $74,252,000 after purchasing an additional 1,099,467 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of Healthcare Realty Trust by 15.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,859,453 shares of the real estate investment trust’s stock worth $108,791,000 after purchasing an additional 893,938 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Healthcare Realty Trust by 48.9% during the 2nd quarter. Invesco Ltd. now owns 2,307,109 shares of the real estate investment trust’s stock valued at $36,591,000 after purchasing an additional 757,542 shares during the period.

Healthcare Realty Trust Price Performance

NYSE:HR opened at $18.45 on Friday. The firm’s 50-day moving average price is $17.28 and its 200-day moving average price is $17.59. The company has a market capitalization of $6.44 billion, a PE ratio of -25.98 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 1-year low of $14.09 and a 1-year high of $18.97.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.36). The business had revenue of $282.69 million for the quarter, compared to analysts’ expectations of $284.37 million. Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. The company’s revenue was down 7.6% on a year-over-year basis. During the same period last year, the business earned $0.40 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. Equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Tuesday, February 24th will be paid a $0.24 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $0.96 annualized dividend and a dividend yield of 5.2%. Healthcare Realty Trust’s dividend payout ratio is presently -135.21%.

Analyst Ratings Changes

HR has been the subject of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. Cantor Fitzgerald raised their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Citigroup upped their price objective on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Finally, Wells Fargo & Company raised their target price 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. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $18.88.

Healthcare Realty Trust Company Profile

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.