Russell Investments Group Ltd. Grows Stake in Healthcare Realty Trust Incorporated $HR

Russell Investments Group Ltd. raised its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HRFree Report) by 68.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,392,815 shares of the real estate investment trust’s stock after purchasing an additional 1,789,111 shares during the period. Russell Investments Group Ltd.’s holdings in Healthcare Realty Trust were worth $79,201,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. B. Metzler seel. Sohn & Co. AG grew its stake in Healthcare Realty Trust by 2.2% during the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 136,900 shares of the real estate investment trust’s stock worth $2,468,000 after buying an additional 2,950 shares during the last quarter. Consolidated Portfolio Review Corp raised its stake in Healthcare Realty Trust by 1.2% in the third quarter. Consolidated Portfolio Review Corp now owns 55,786 shares of the real estate investment trust’s stock valued at $1,006,000 after buying an additional 637 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in Healthcare Realty Trust by 31.1% in the third quarter. Orion Porfolio Solutions LLC now owns 28,994 shares of the real estate investment trust’s stock worth $523,000 after acquiring an additional 6,877 shares in the last quarter. Skba Capital Management LLC boosted its holdings in Healthcare Realty Trust by 2.8% in the third quarter. Skba Capital Management LLC now owns 893,928 shares of the real estate investment trust’s stock worth $16,118,000 after acquiring an additional 24,600 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Healthcare Realty Trust by 3.0% during the third quarter. Dimensional Fund Advisors LP now owns 5,013,488 shares of the real estate investment trust’s stock worth $90,390,000 after acquiring an additional 147,198 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Citigroup lifted their target price on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. Wells Fargo & Company boosted their target price on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Cantor Fitzgerald upped 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 note on Tuesday, February 17th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Healthcare Realty Trust has an average rating of “Hold” and an average price target of $18.88.

Get Our Latest Stock Analysis on HR

Insider Buying and Selling

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian acquired 10,000 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was acquired at an average cost of $18.09 per share, for a total transaction of $180,900.00. Following the purchase, the director owned 85,520 shares in the company, valued at approximately $1,547,056.80. The trade was a 13.24% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.37% of the company’s stock.

Healthcare Realty Trust Stock Performance

Shares of HR stock opened at $18.46 on Wednesday. The stock’s 50-day simple moving average is $17.50 and its 200-day simple moving average is $17.69. The firm has a market capitalization of $6.44 billion, a PE ratio of -25.99 and a beta of 0.96. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.09 and a fifty-two week high of $18.97.

Healthcare Realty Trust (NYSE:HRGet Free Report) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $282.69 million during the quarter, compared to analysts’ expectations of $284.37 million. During the same quarter in the previous year, the business earned $0.40 earnings per share. The company’s revenue for the quarter was down 7.6% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. Sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 5.2%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -135.21%.

About Healthcare Realty Trust

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Healthcare Realty Trust (NYSE:HR)

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