Healthcare Realty Trust Incorporated $HR Shares Sold by Rhumbline Advisers

Rhumbline Advisers lowered its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 4.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 933,239 shares of the real estate investment trust’s stock after selling 46,023 shares during the period. Rhumbline Advisers’ holdings in Healthcare Realty Trust were worth $16,826,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its position in shares of Healthcare Realty Trust by 179.7% during the third quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 1,033 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at $32,000. Financial Gravity Companies Inc. acquired a new position in Healthcare Realty Trust during the 2nd quarter worth about $45,000. Quent Capital LLC purchased a new position in Healthcare Realty Trust during the 3rd quarter valued at about $54,000. Finally, MTM Investment Management LLC acquired a new position in Healthcare Realty Trust in the 2nd quarter valued at about $53,000.

Healthcare Realty Trust Price Performance

NYSE:HR opened at $18.52 on Wednesday. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.97. The firm has a market capitalization of $6.51 billion, a PE ratio of -26.08 and a beta of 0.97. The business’s fifty day moving average price is $17.09 and its 200 day moving average price is $17.51.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.36). Healthcare Realty Trust had a negative return on equity of 5.07% and a negative net margin of 20.84%.The business had revenue of $282.69 million for the quarter, compared to analysts’ expectations of $284.37 million. During the same period last year, the firm earned $0.40 earnings per share. The firm’s quarterly revenue 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 firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Tuesday, February 24th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, February 24th. Healthcare Realty Trust’s dividend payout ratio is -135.21%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Citigroup increased their price target on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. Cantor Fitzgerald increased their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Tuesday. Wells Fargo & Company raised their price target on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 25th. Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Healthcare Realty Trust presently has an average rating of “Hold” and a consensus target price of $18.88.

Healthcare Realty Trust 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.