Hudson Edge Investment Partners Inc. Takes $790,000 Position in Healthcare Realty Trust Incorporated $HR

Hudson Edge Investment Partners Inc. acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 46,481 shares of the real estate investment trust’s stock, valued at approximately $790,000.

A number of other hedge funds have also bought and sold shares of the company. PGGM Investments acquired a new position in Healthcare Realty Trust in the fourth quarter valued at $113,389,000. Invesco Ltd. grew its holdings in Healthcare Realty Trust by 233.8% during the 3rd quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock worth $138,845,000 after acquiring an additional 5,393,651 shares during the period. Norges Bank acquired a new stake in Healthcare Realty Trust during the 4th quarter worth about $62,154,000. Jupiter Asset Management Ltd. bought a new position in shares of Healthcare Realty Trust in the 4th quarter worth about $31,810,000. Finally, Russell Investments Group Ltd. raised its position in shares of Healthcare Realty Trust by 68.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,392,815 shares of the real estate investment trust’s stock worth $79,201,000 after acquiring an additional 1,789,111 shares in the last quarter.

Insider Buying and Selling

In other news, CAO Amanda L. Callaway sold 25,767 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total transaction of $524,873.79. Following the completion of the sale, the chief accounting officer owned 109,954 shares in the company, valued at $2,239,762.98. The trade was a 18.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Trading Down 0.0%

HR opened at $20.61 on Friday. Healthcare Realty Trust Incorporated has a 1-year low of $15.28 and a 1-year high of $20.90. The company has a market cap of $7.14 billion, a P/E ratio of -35.53 and a beta of 0.98. The company has a fifty day moving average price of $20.00 and a two-hundred day moving average price of $18.37.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $275.28 million for the quarter, compared to analysts’ expectations of $283.01 million. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The business’s revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.39 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, research analysts forecast that Healthcare Realty Trust Incorporated will post 1.62 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is -165.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Royal Bank Of Canada upped their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “sector perform” rating in a research report on Thursday, May 14th. Scotiabank lifted their target price on Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Weiss Ratings lowered Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Citigroup boosted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Finally, Wells Fargo & Company increased their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $21.62.

About Healthcare Realty Trust

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.