Advisors Asset Management Inc. Trims Stake in Healthcare Realty Trust Incorporated $HR

Advisors Asset Management Inc. lowered its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 28.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 80,711 shares of the real estate investment trust’s stock after selling 32,640 shares during the quarter. Advisors Asset Management Inc.’s holdings in Healthcare Realty Trust were worth $1,455,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in Healthcare Realty Trust during the second quarter worth about $66,085,000. Rush Island Management LP grew its holdings in shares of 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 purchasing an additional 1,728,491 shares in the last quarter. Prudential Financial Inc. increased its position in shares of Healthcare Realty Trust by 34.9% in the second quarter. Prudential Financial Inc. now owns 4,246,398 shares of the real estate investment trust’s stock worth $74,252,000 after purchasing an additional 1,099,467 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in Healthcare Realty Trust by 15.0% in the second 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 purchasing an additional 893,938 shares in the last quarter. Finally, Invesco Ltd. lifted its position in Healthcare Realty Trust by 48.9% during the second quarter. Invesco Ltd. now owns 2,307,109 shares of the real estate investment trust’s stock valued at $36,591,000 after purchasing an additional 757,542 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on HR. Wells Fargo & Company increased their price target on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Citigroup lifted their price target on Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $19.13.

Healthcare Realty Trust Price Performance

HR opened at $17.95 on Tuesday. The stock’s 50 day simple moving average is $17.06 and its 200 day simple moving average is $17.50. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of -25.28 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $18.97.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.36). Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. The company had revenue of $282.69 million for the quarter, compared to analysts’ expectations of $284.37 million. During the same period last year, the company posted $0.40 EPS. The business’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. As a group, sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Tuesday, February 24th will be given a $0.24 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.3%. Healthcare Realty Trust’s payout ratio is presently -135.21%.

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.