Handelsbanken Fonder AB Buys 115,540 Shares of Healthcare Realty Trust Incorporated $HR

Handelsbanken Fonder AB grew its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 92.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 240,276 shares of the real estate investment trust’s stock after purchasing an additional 115,540 shares during the period. Handelsbanken Fonder AB’s holdings in Healthcare Realty Trust were worth $4,332,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its position in Healthcare Realty Trust by 179.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 1,033 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Healthcare Realty Trust in the third quarter valued at approximately $32,000. Financial Gravity Companies Inc. bought a new stake in shares of Healthcare Realty Trust during the second quarter valued at approximately $45,000. MTM Investment Management LLC bought a new stake in shares of Healthcare Realty Trust during the second quarter valued at approximately $53,000. Finally, Quent Capital LLC acquired a new position in shares of Healthcare Realty Trust during the third quarter worth approximately $54,000.

Healthcare Realty Trust Price Performance

HR opened at $18.42 on Tuesday. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $18.97. The company has a market capitalization of $6.43 billion, a price-to-earnings ratio of -25.95 and a beta of 0.96. The firm’s fifty day moving average price is $17.31 and its two-hundred day moving average price is $17.61.

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). Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. The firm had revenue of $282.69 million for the quarter, compared to the consensus estimate of $284.37 million. During the same period in the previous year, the business earned $0.40 earnings per share. The firm’s revenue for the quarter was down 7.6% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. As a group, equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Tuesday, February 24th will be given a dividend of $0.24 per share. 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 dividend payout ratio (DPR) is currently -135.21%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Cantor Fitzgerald lifted their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Monday, December 29th. Wells Fargo & Company lifted their price objective on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Citigroup raised their price target on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus 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.