Healthcare Realty Trust Incorporated $HR Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 4.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,536,787 shares of the real estate investment trust’s stock after selling 160,162 shares during the period. Bank of New York Mellon Corp’s holdings in Healthcare Realty Trust were worth $60,090,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Wiser Advisor Group LLC purchased a new position in Healthcare Realty Trust in the 3rd quarter worth approximately $25,000. Eurizon Capital SGR S.p.A. purchased a new stake in shares of Healthcare Realty Trust in the fourth quarter valued at approximately $37,000. Prosperity Bancshares Inc acquired a new stake in shares of Healthcare Realty Trust in the fourth quarter valued at approximately $42,000. Inspire Investing LLC acquired a new stake in shares of Healthcare Realty Trust in the first quarter valued at approximately $45,000. Finally, Danske Bank A S acquired a new stake in shares of Healthcare Realty Trust in the third quarter valued at approximately $47,000.

Healthcare Realty Trust Price Performance

Shares of NYSE:HR opened at $21.13 on Friday. The firm has a market capitalization of $7.32 billion, a PE ratio of -36.43 and a beta of 0.98. The firm’s 50-day moving average is $20.41 and its two-hundred day moving average is $18.77. Healthcare Realty Trust Incorporated has a 1 year low of $15.28 and a 1 year high of $21.57.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The business 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 quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.39 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. Analysts expect that Healthcare Realty Trust Incorporated will post 1.63 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed 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 of this dividend was Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.5%. Healthcare Realty Trust’s dividend payout ratio is currently -165.52%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. BTIG Research reiterated a “buy” rating and issued a $22.00 target price on shares of Healthcare Realty Trust in a report on Friday, June 12th. Royal Bank Of Canada lifted 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. Cantor Fitzgerald raised their price objective on Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Weiss Ratings lowered shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Healthcare Realty Trust currently has a consensus rating of “Hold” and a consensus price target of $21.67.

Insider Activity

In other news, CAO Amanda L. Callaway sold 25,767 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total value of $524,873.79. Following the sale, the chief accounting officer directly owned 109,954 shares in the company, valued at approximately $2,239,762.98. This trade represents a 18.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.56% of the company’s stock.

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.