Cinctive Capital Management LP Acquires 136,734 Shares of Healthcare Realty Trust Incorporated $HR

Cinctive Capital Management LP raised its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 258.9% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 189,551 shares of the real estate investment trust’s stock after acquiring an additional 136,734 shares during the quarter. Cinctive Capital Management LP owned approximately 0.05% of Healthcare Realty Trust worth $3,418,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Smartleaf Asset Management LLC raised its stake in shares of Healthcare Realty Trust by 179.7% during the third quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 1,033 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in Healthcare Realty Trust in the third quarter worth approximately $32,000. Financial Gravity Companies Inc. bought a new position in Healthcare Realty Trust in the second quarter worth approximately $45,000. MTM Investment Management LLC purchased a new position in Healthcare Realty Trust during the 2nd quarter worth $53,000. Finally, Quent Capital LLC purchased a new position in Healthcare Realty Trust during the 3rd quarter worth $54,000.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian acquired 10,000 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were acquired at an average cost of $18.09 per share, with a total value of $180,900.00. Following the completion of the acquisition, the director owned 85,520 shares of the company’s stock, valued at approximately $1,547,056.80. This trade represents a 13.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.37% of the company’s stock.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $17.97 on Monday. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.09 and a fifty-two week high of $18.97. The company has a market cap of $6.27 billion, a PE ratio of -25.31 and a beta of 0.96. The business has a 50-day simple moving average of $17.57 and a two-hundred day simple moving average of $17.72.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.36). The company had revenue of $282.69 million for the quarter, compared to analyst estimates 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 business’s revenue was down 7.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.40 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. On average, sell-side analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a yield of 5.3%. Healthcare Realty Trust’s payout ratio is currently -135.21%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Wells Fargo & Company upped their target price on Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Cantor Fitzgerald raised their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. Finally, Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Healthcare Realty Trust presently has a consensus rating of “Hold” and an average target price 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.