Healthcare Realty Trust Incorporated $HR Shares Sold by Citigroup Inc.

Citigroup Inc. lessened its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 12.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 204,637 shares of the real estate investment trust’s stock after selling 28,328 shares during the period. Citigroup Inc.’s holdings in Healthcare Realty Trust were worth $3,690,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its holdings in shares of Healthcare Realty Trust by 179.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 1,033 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in Healthcare Realty Trust in the third quarter worth $32,000. Financial Gravity Companies Inc. acquired a new position in Healthcare Realty Trust in the second quarter worth $45,000. MTM Investment Management LLC bought a new stake in Healthcare Realty Trust during the second quarter valued at $53,000. Finally, Quent Capital LLC bought a new stake in Healthcare Realty Trust during the third quarter valued at $54,000.

Analyst Upgrades and Downgrades

HR has been the topic of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a research report on Monday, December 29th. Cantor Fitzgerald boosted their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Citigroup increased their price objective 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. Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Wells Fargo & Company upped their target price on Healthcare Realty Trust from $18.00 to $19.00 and gave the company an “equal weight” rating in a 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 data from MarketBeat, Healthcare Realty Trust presently has a consensus rating of “Hold” and an average price target of $18.88.

Healthcare Realty Trust Trading Down 2.1%

Shares of NYSE HR opened at $18.41 on Friday. Healthcare Realty Trust Incorporated has a 12-month low of $14.09 and a 12-month high of $18.97. The company has a market cap of $6.42 billion, a PE ratio of -25.93 and a beta of 0.96. The stock has a 50 day simple moving average of $17.41 and a 200-day simple moving average of $17.64.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $282.69 million for the quarter, compared to the consensus estimate of $284.37 million. During the same period in the previous year, the firm earned $0.40 EPS. The firm’s revenue was down 7.6% on a year-over-year basis. 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 fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Investors of record on Tuesday, February 24th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Tuesday, February 24th. Healthcare Realty Trust’s payout ratio is currently -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.