Quantinno Capital Management LP increased its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 79.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 270,591 shares of the real estate investment trust’s stock after purchasing an additional 119,804 shares during the period. Quantinno Capital Management LP’s holdings in Healthcare Realty Trust were worth $4,597,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd acquired a new position in Healthcare Realty Trust in the 1st quarter valued at $205,000. Empowered Funds LLC acquired a new stake in shares of Healthcare Realty Trust during the first quarter worth $202,000. Invesco Ltd. lifted its holdings in shares of Healthcare Realty Trust by 48.9% during the second quarter. Invesco Ltd. now owns 2,307,109 shares of the real estate investment trust’s stock worth $36,591,000 after buying an additional 757,542 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Healthcare Realty Trust by 314.1% in the second quarter. First Trust Advisors LP now owns 223,125 shares of the real estate investment trust’s stock valued at $3,539,000 after acquiring an additional 169,248 shares during the period. Finally, Amundi boosted its position in shares of Healthcare Realty Trust by 154.0% in the second quarter. Amundi now owns 519,816 shares of the real estate investment trust’s stock valued at $8,343,000 after acquiring an additional 315,179 shares during the period.
Insider Activity
In other news, CAO Amanda L. Callaway sold 25,767 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total value of $524,873.79. Following the completion of the transaction, the chief accounting officer directly owned 109,954 shares in the company, valued at approximately $2,239,762.98. This represents a 18.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.56% of the company’s stock.
Healthcare Realty Trust Trading Down 0.8%
Healthcare Realty Trust (NYSE:HR – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.53). The company had revenue of $278.58 million for the quarter, compared to the consensus estimate of $271.60 million. Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period last year, the firm posted $0.41 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. As a group, equities analysts predict that Healthcare Realty Trust Incorporated will post 1.64 EPS for the current fiscal year.
Healthcare Realty Trust Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Stockholders of record on Tuesday, August 11th will be issued a dividend of $0.24 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.96 annualized dividend and a dividend yield of 4.7%. Healthcare Realty Trust’s dividend payout ratio is -369.23%.
Analysts Set New Price Targets
A number of equities analysts recently commented on the stock. Citigroup raised their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Raymond James Financial started coverage on shares of Healthcare Realty Trust in a report on Tuesday, June 16th. They set an “outperform” rating and a $24.00 target price on the stock. JPMorgan Chase & Co. increased their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Royal Bank Of Canada upped their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “sector perform” rating in a research report on Thursday, May 14th. Finally, Wells Fargo & Company raised their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $21.89.
About Healthcare Realty Trust
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.
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