Pacer Advisors Inc. Invests $1.24 Million in Healthcare Realty Trust Incorporated $HR

Pacer Advisors Inc. acquired a new position in Healthcare Realty Trust Incorporated (NYSE:HR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 68,633 shares of the real estate investment trust’s stock, valued at approximately $1,237,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HR. Anchor Investment Management LLC bought a new position in shares of Healthcare Realty Trust in the 1st quarter worth $38,000. Financial Gravity Companies Inc. acquired a new stake in Healthcare Realty Trust in the 2nd quarter worth approximately $45,000. MTM Investment Management LLC purchased a new stake in Healthcare Realty Trust during the 2nd quarter worth approximately $53,000. Ameritas Advisory Services LLC purchased a new stake in Healthcare Realty Trust during the 2nd quarter worth approximately $60,000. Finally, Kestra Investment Management LLC purchased a new position in shares of Healthcare Realty Trust in the first quarter worth $102,000.

Healthcare Realty Trust Trading Down 0.7%

HR opened at $16.97 on Friday. The firm has a market cap of $5.97 billion, a price-to-earnings ratio of -16.01 and a beta of 0.96. Healthcare Realty Trust Incorporated has a 12-month low of $14.09 and a 12-month high of $18.97. The stock’s 50-day moving average price is $17.63 and its 200 day moving average price is $17.19.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The firm had revenue of $297.77 million during the quarter, compared to analyst estimates of $291.10 million. Healthcare Realty Trust had a negative return on equity of 7.32% and a negative net margin of 30.51%.Healthcare Realty Trust’s revenue was down 6.2% compared to the same quarter last year. During the same period last year, the business posted $0.39 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. On average, research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th were paid a $0.24 dividend. The ex-dividend date was Monday, November 10th. This represents a $0.96 dividend on an annualized basis and a yield of 5.7%. Healthcare Realty Trust’s payout ratio is currently -90.57%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on HR shares. Royal Bank Of Canada initiated coverage on Healthcare Realty Trust in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 target price for the company. Cantor Fitzgerald began coverage on shares of Healthcare Realty Trust in a report on Wednesday, October 1st. They set an “overweight” rating and a $23.00 target price for the company. BTIG Research reiterated a “buy” rating and issued a $20.00 price objective on shares of Healthcare Realty Trust in a research report on Monday, September 29th. Raymond James Financial cut Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a report on Monday, September 15th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $19.13.

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.