Healthcare Realty Trust Incorporated $HR Shares Acquired by Capital Investment Advisors LLC

Capital Investment Advisors LLC increased its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 5.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 632,746 shares of the real estate investment trust’s stock after purchasing an additional 35,051 shares during the quarter. Capital Investment Advisors LLC owned approximately 0.18% of Healthcare Realty Trust worth $11,408,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HR. Norges Bank purchased a new stake in shares of Healthcare Realty Trust during the second quarter worth about $66,085,000. Rush Island Management LP boosted its position in Healthcare Realty Trust by 13.8% during the second quarter. Rush Island Management LP now owns 14,260,152 shares of the real estate investment trust’s stock worth $226,166,000 after acquiring an additional 1,728,491 shares during the last quarter. Prudential Financial Inc. grew its stake in Healthcare Realty Trust by 34.9% in the 2nd quarter. Prudential Financial Inc. now owns 4,246,398 shares of the real estate investment trust’s stock worth $74,252,000 after acquiring an additional 1,099,467 shares during the period. Northside Capital Management LLC purchased a new stake in Healthcare Realty Trust in the 2nd quarter worth approximately $15,707,000. Finally, Massachusetts Financial Services Co. MA raised its holdings in Healthcare Realty Trust by 15.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,859,453 shares of the real estate investment trust’s stock valued at $108,791,000 after acquiring an additional 893,938 shares during the last quarter.

Healthcare Realty Trust Price Performance

NYSE HR opened at $17.11 on Friday. Healthcare Realty Trust Incorporated has a 1-year low of $14.09 and a 1-year high of $18.97. The firm has a market capitalization of $6.02 billion, a P/E ratio of -16.14 and a beta of 0.96. The business’s 50-day simple moving average is $17.52 and its 200-day simple moving average is $17.26.

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

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Tuesday, November 11th were issued a dividend of $0.24 per share. The ex-dividend date was Monday, November 10th. This represents a $0.96 annualized dividend and a dividend yield of 5.6%. Healthcare Realty Trust’s payout ratio is presently -90.57%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on HR shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a research report on Monday, December 29th. Royal Bank Of Canada began coverage on Healthcare Realty Trust in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 price target on the stock. Citigroup lifted their price target on Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, November 12th. Raymond James Financial cut shares of Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a research report on Monday, September 15th. Finally, BTIG Research restated a “buy” rating and issued a $20.00 target price on shares of Healthcare Realty Trust in a report on Monday, September 29th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust has a consensus rating of “Hold” and an average target price of $19.13.

Healthcare Realty Trust Company 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.