Healthcare Realty Trust Incorporated $HR Shares Newly Bought by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd bought a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) during the 3rd quarter, Holdings Channel.com reports. The fund bought 88,675 shares of the real estate investment trust’s stock, valued at approximately $1,573,000.

Other large investors have also added to or reduced their stakes in the company. Resolution Capital Ltd raised its holdings in Healthcare Realty Trust by 72.4% in the first quarter. Resolution Capital Ltd now owns 14,034,367 shares of the real estate investment trust’s stock worth $238,444,000 after purchasing an additional 5,892,501 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Healthcare Realty Trust by 20.0% in the 1st quarter. Sei Investments Co. now owns 3,942,866 shares of the real estate investment trust’s stock valued at $66,989,000 after buying an additional 656,968 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Healthcare Realty Trust by 13.3% in the 1st quarter. Bank of America Corp DE now owns 2,208,965 shares of the real estate investment trust’s stock valued at $37,530,000 after buying an additional 259,782 shares in the last quarter. Renaissance Technologies LLC grew its position in shares of Healthcare Realty Trust by 100.0% in the 1st quarter. Renaissance Technologies LLC now owns 1,549,172 shares of the real estate investment trust’s stock worth $26,320,000 after buying an additional 774,500 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Healthcare Realty Trust by 8.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,190,084 shares of the real estate investment trust’s stock worth $24,004,000 after buying an additional 92,102 shares during the last quarter.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $17.92 on Friday. The company has a market cap of $6.14 billion, a PE ratio of -68.92 and a beta of 0.97. The business has a 50-day simple moving average of $18.30 and a two-hundred day simple moving average of $19.36. Healthcare Realty Trust Incorporated has a fifty-two week low of $16.31 and a fifty-two week high of $22.04.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $278.58 million for the quarter, compared to analysts’ expectations of $271.60 million. During the same quarter in the previous year, the firm posted $0.41 EPS. Healthcare Realty Trust’s revenue was down 5.3% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. On average, sell-side analysts predict that Healthcare Realty Trust Incorporated will post 1.65 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend was Tuesday, August 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -369.23%.

Insider Activity at Healthcare Realty Trust

In related news, COO Robert Hull sold 21,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total value of $401,310.00. Following the completion of the sale, the chief operating officer directly owned 276,338 shares in the company, valued at $5,280,819.18. This trade represents a 7.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.56% of the stock is owned by insiders.

Wall Street Analyst Weigh In

HR has been the subject of several recent analyst reports. Jefferies Financial Group began coverage on shares of Healthcare Realty Trust in a research note on Tuesday, September 15th. They set a “hold” rating and a $20.00 price objective for the company. JPMorgan Chase & Co. increased their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Weiss Ratings upgraded shares of Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. Cantor Fitzgerald raised their target price on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Finally, Wells Fargo & Company cut their price target on shares of Healthcare Realty Trust from $20.00 to $18.00 and set an “equal weight” rating on the stock in a report on Monday, October 19th. Five investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of “Hold” and a consensus price target of $21.36.

About Healthcare Realty Trust

Healthcare Realty Trust Incorporated (NYSE: HR) is a real estate investment trust focused on owning, managing, acquiring and developing outpatient healthcare properties. Its portfolio primarily includes medical office buildings, ambulatory surgery centers, outpatient facilities and other properties used by healthcare providers.

The company leases space to health systems, physician groups and other healthcare organizations, with properties generally located on or near hospital campuses and in growing outpatient care settings.