Citigroup Inc. Lowers Stock Position in Healthcare Realty Trust Incorporated $HR

Citigroup Inc. trimmed its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 12.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 204,637 shares of the real estate investment trust’s stock after selling 28,328 shares during the period. Citigroup Inc. owned approximately 0.06% of Healthcare Realty Trust worth $3,690,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Smartleaf Asset Management LLC grew its position in 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 during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth about $32,000. Financial Gravity Companies Inc. acquired a new stake in Healthcare Realty Trust during the 2nd quarter worth approximately $45,000. MTM Investment Management LLC purchased a new position in Healthcare Realty Trust in the second quarter valued at approximately $53,000. Finally, Quent Capital LLC purchased a new position in Healthcare Realty Trust in the third quarter valued at approximately $54,000.

Analysts Set New Price Targets

Several research firms have issued reports on HR. Cantor Fitzgerald boosted their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 17th. Wells Fargo & Company upped 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. Citigroup raised 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 restated a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Monday, December 29th. Finally, Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $18.88.

Healthcare Realty Trust Stock Down 2.1%

Shares of HR opened at $18.41 on Friday. The firm has a market cap of $6.42 billion, a price-to-earnings ratio of -25.93 and a beta of 0.96. The business’s 50 day moving average is $17.41 and its two-hundred day moving average is $17.64. 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) last released its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates 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 return on equity of 5.07% and a negative net margin of 20.84%.The firm’s quarterly revenue was down 7.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.40 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. On average, equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

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

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.