APG Asset Management US Inc. Buys 231,650 Shares of Healthcare Realty Trust Incorporated $HR

APG Asset Management US Inc. increased its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,086,673 shares of the real estate investment trust’s stock after purchasing an additional 231,650 shares during the period. Healthcare Realty Trust makes up approximately 1.6% of APG Asset Management US Inc.’s holdings, making the stock its 18th biggest position. APG Asset Management US Inc.’s holdings in Healthcare Realty Trust were worth $222,032,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HR. Smartleaf Asset Management LLC raised its holdings in Healthcare Realty Trust by 179.7% in 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 last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of Healthcare Realty Trust during the third quarter valued at approximately $32,000. Financial Gravity Companies Inc. purchased a new position in Healthcare Realty Trust in the 2nd quarter worth approximately $45,000. MTM Investment Management LLC bought a new position in Healthcare Realty Trust in the 2nd quarter valued at approximately $53,000. Finally, Quent Capital LLC purchased a new stake in Healthcare Realty Trust during the 3rd quarter valued at $54,000.

Healthcare Realty Trust Stock Performance

Shares of HR stock opened at $18.45 on Friday. Healthcare Realty Trust Incorporated has a 52-week low of $14.09 and a 52-week high of $18.97. The firm has a market capitalization of $6.44 billion, a PE ratio of -25.98 and a beta of 0.97. The stock has a fifty day simple moving average of $17.28 and a two-hundred day simple moving average of $17.59.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.36). The business had revenue of $282.69 million during the quarter, compared to analysts’ expectations of $284.37 million. Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. Healthcare Realty Trust’s revenue was down 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.40 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. On average, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Shareholders of record on Tuesday, February 24th will be issued a dividend of $0.24 per share. 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 (DPR) is -135.21%.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of research analyst reports. Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Monday, December 29th. Cantor Fitzgerald raised their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Citigroup boosted their price objective on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a report on Wednesday, November 12th. Finally, Wells Fargo & Company increased their price objective 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. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Healthcare Realty Trust presently has a consensus 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.