Pacer Advisors Inc. Invests $1.24 Million in Healthcare Realty Trust Incorporated $HR

by · The Cerbat Gem

Pacer Advisors Inc. bought a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) in the third quarter, HoldingsChannel reports. The firm bought 68,633 shares of the real estate investment trust’s stock, valued at approximately $1,237,000.

A number of other large investors have also made changes to their positions in HR. Anchor Investment Management LLC purchased a new stake in shares of Healthcare Realty Trust during the 1st quarter worth approximately $38,000. Financial Gravity Companies Inc. acquired a new stake in Healthcare Realty Trust during the 2nd quarter valued at $45,000. MTM Investment Management LLC purchased a new stake in shares of Healthcare Realty Trust in the second quarter valued at $53,000. Ameritas Advisory Services LLC acquired a new position in Healthcare Realty Trust in the 2nd quarter valued at about $60,000. Finally, Kestra Investment Management LLC purchased a new position in Healthcare Realty Trust in the 1st quarter valued at about $102,000.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a research report on Monday. BTIG Research restated a “buy” rating and set a $20.00 price objective on shares of Healthcare Realty Trust in a research note on Monday, September 29th. Raymond James Financial downgraded Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. Scotiabank raised shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the stock from $18.00 to $20.00 in a research report on Friday, September 5th. Finally, Citigroup lifted their price objective on Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $19.13.

View Our Latest Research Report on HR

Healthcare Realty Trust Stock Down 0.7%

HR stock opened at $16.97 on Friday. The company has a market capitalization of $5.97 billion, a P/E ratio of -16.01 and a beta of 0.96. The company has a 50-day simple moving average of $17.63 and a 200 day simple moving average of $17.19. 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 – Get Free Report) last announced its 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. The firm had revenue of $297.77 million for the quarter, compared to analysts’ expectations of $291.10 million. Healthcare Realty Trust had a negative return on equity of 7.32% and a negative net margin of 30.51%.The firm’s quarterly revenue was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.39 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. Equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th were issued a $0.24 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $0.96 annualized dividend and a dividend yield of 5.7%. Healthcare Realty Trust’s dividend payout ratio is currently -90.57%.

Healthcare Realty Trust Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding HR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Realty Trust Incorporated (NYSE:HR – Free Report).