Pensionfund PDN Acquires 59,719 Shares of Healthcare Realty Trust Incorporated $HR

by · The Cerbat Gem

Pensionfund PDN acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 59,719 shares of the real estate investment trust’s stock, valued at approximately $1,059,000.

Other institutional investors have also added to or reduced their stakes in the company. Cohen & Steers Inc. boosted its stake in Healthcare Realty Trust by 1.3% in the 4th quarter. Cohen & Steers Inc. now owns 56,305,460 shares of the real estate investment trust’s stock worth $954,424,000 after purchasing an additional 744,729 shares during the period. Resolution Capital Ltd raised its stake in shares of Healthcare Realty Trust by 72.4% in the 1st quarter. Resolution Capital Ltd now owns 14,034,367 shares of the real estate investment trust’s stock valued at $238,444,000 after purchasing an additional 5,892,501 shares during the period. Centersquare Investment Management LLC lifted its holdings in shares of Healthcare Realty Trust by 38.0% in the fourth quarter. Centersquare Investment Management LLC now owns 5,970,456 shares of the real estate investment trust’s stock valued at $101,199,000 after purchasing an additional 1,645,208 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Healthcare Realty Trust by 20.0% in the first quarter. Sei Investments Co. now owns 3,942,866 shares of the real estate investment trust’s stock valued at $66,989,000 after purchasing an additional 656,968 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Healthcare Realty Trust during the fourth quarter worth about $62,154,000.

Analysts Set New Price Targets

A number of research analysts recently issued reports on HR shares. JPMorgan Chase & Co. increased their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Wells Fargo & Company reduced their price target on Healthcare Realty Trust from $21.00 to $20.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 1st. Raymond James Financial started coverage on shares of Healthcare Realty Trust in a research note on Tuesday, June 16th. They set an “outperform” rating and a $24.00 price target for the company. Royal Bank Of Canada boosted their price objective on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock a “sector perform” rating in a research report on Friday, August 7th. Finally, Weiss Ratings upgraded shares of Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $21.70.

Get Our Latest Analysis on Healthcare Realty Trust

Insiders Place Their Bets

In other Healthcare Realty Trust news, COO Robert Hull sold 21,000 shares of the company’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total transaction of $401,310.00. Following the sale, the chief operating officer directly owned 276,338 shares of the company’s stock, valued at approximately $5,280,819.18. This represents a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Stock Performance

NYSE HR traded down $0.08 during trading hours on Monday, hitting $17.39. 1,170,506 shares of the company traded hands, compared to its average volume of 3,827,997. The business’s 50-day moving average is $19.22 and its 200-day moving average is $19.38. Healthcare Realty Trust Incorporated has a twelve month low of $16.31 and a twelve month high of $22.04. The stock has a market capitalization of $5.96 billion, a price-to-earnings ratio of -66.93 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.53). Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%.The company had revenue of $278.58 million for the quarter, compared to analyst estimates of $271.60 million. During the same period last year, the firm earned $0.41 EPS. The firm’s revenue for the quarter was down 5.3% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. Analysts predict that Healthcare Realty Trust Incorporated will post 1.65 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date was Tuesday, August 11th. Healthcare Realty Trust’s payout ratio is presently -369.23%.

About Healthcare Realty Trust

(Free Report)

Healthcare Realty Trust Incorporated (NYSE:HR) is a real estate investment trust focused on owning, operating, and developing healthcare-related properties. The company primarily serves outpatient healthcare providers, including hospitals, health systems, physician groups, and other medical organizations.

Its portfolio is centered on outpatient facilities such as medical office buildings, ambulatory surgery centers, and other properties that support healthcare delivery outside traditional hospitals.

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