Centersquare Investment Management LLC Raises Stake in Healthcare Realty Trust Incorporated $HR

Centersquare Investment Management LLC increased its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 38.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 5,970,456 shares of the real estate investment trust’s stock after buying an additional 1,645,208 shares during the quarter. Centersquare Investment Management LLC owned 1.70% of Healthcare Realty Trust worth $101,199,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Rush Island Management LP boosted its holdings in shares of Healthcare Realty Trust by 13.8% in the 2nd quarter. Rush Island Management LP now owns 14,260,152 shares of the real estate investment trust’s stock worth $226,166,000 after buying an additional 1,728,491 shares during the last quarter. APG Asset Management US Inc. boosted its holdings in shares of Healthcare Realty Trust by 2.0% in the 3rd quarter. APG Asset Management US Inc. now owns 12,086,673 shares of the real estate investment trust’s stock worth $222,032,000 after buying an additional 231,650 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Healthcare Realty Trust by 233.8% in the 3rd quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock worth $138,845,000 after buying an additional 5,393,651 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Healthcare Realty Trust by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 7,053,360 shares of the real estate investment trust’s stock worth $119,578,000 after buying an additional 101,382 shares during the last quarter. Finally, PGGM Investments purchased a new position in shares of Healthcare Realty Trust in the 4th quarter worth about $113,389,000.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on HR shares. Citigroup boosted their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Weiss Ratings cut Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Wells Fargo & Company boosted their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. UBS Group boosted their price objective on Healthcare Realty Trust from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Finally, Scotiabank boosted their price objective on Healthcare Realty Trust from $20.00 to $22.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Healthcare Realty Trust presently has a consensus rating of “Hold” and an average price target of $20.50.

Healthcare Realty Trust Stock Performance

Shares of Healthcare Realty Trust stock opened at $20.52 on Friday. Healthcare Realty Trust Incorporated has a 52-week low of $14.65 and a 52-week high of $20.90. The stock’s 50-day simple moving average is $19.19 and its 200 day simple moving average is $18.08. The stock has a market capitalization of $7.11 billion, a P/E ratio of -35.39 and a beta of 0.98.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.The business had revenue of $275.28 million for the quarter, compared to analysts’ expectations of $283.01 million. During the same period in the previous year, the business posted $0.39 EPS. The firm’s quarterly revenue was down 7.7% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. Equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.61 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were given a dividend of $0.24 per share. The ex-dividend date was Monday, May 11th. This represents a $0.96 annualized dividend and a dividend yield of 4.7%. Healthcare Realty Trust’s dividend payout ratio is currently -165.52%.

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.