111,094 Shares in Healthcare Realty Trust Incorporated $HR Bought by Caxton Associates LLP

Key Points

• Caxton Associates LLP acquired 111,094 shares of Healthcare Realty Trust worth approximately $1,877,000, marking its first investment in this real estate investment trust (REIT) during the first quarter.
• Analyst ratings have varied, with Wells Fargo setting a price target at $16.00 while Scotiabank upgraded the stock's rating to "sector outperform" with a target of $20.00, indicating mixed sentiments in the market.
• Healthcare Realty Trust recently announced a quarterly dividend of $0.24 per share, resulting in an annualized yield of 5.3%, although the company’s dividend payout ratio is marked as negative.

Caxton Associates LLP purchased a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 111,094 shares of the real estate investment trust's stock, valued at approximately $1,877,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Starboard Value LP purchased a new stake in Healthcare Realty Trust during the 4th quarter worth $342,110,000. Rush Island Management LP boosted its position in Healthcare Realty Trust by 21.2% during the 4th quarter. Rush Island Management LP now owns 15,681,440 shares of the real estate investment trust's stock worth $265,800,000 after purchasing an additional 2,747,848 shares during the period. Massachusetts Financial Services Co. MA purchased a new stake in Healthcare Realty Trust during the 1st quarter worth $100,817,000. Charles Schwab Investment Management Inc. boosted its position in Healthcare Realty Trust by 2.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,470,199 shares of the real estate investment trust's stock worth $92,446,000 after purchasing an additional 139,019 shares during the period. Finally, Northern Trust Corp boosted its position in Healthcare Realty Trust by 1.0% during the 1st quarter. Northern Trust Corp now owns 4,080,435 shares of the real estate investment trust's stock worth $68,959,000 after purchasing an additional 39,466 shares during the period.

Analyst Ratings Changes

A number of brokerages recently weighed in on HR. Wells Fargo & Company upped their price target on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the stock an "underweight" rating in a research report on Wednesday, August 27th. Scotiabank upgraded shares of Healthcare Realty Trust from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the stock from $18.00 to $20.00 in a report on Friday. JPMorgan Chase & Co. cut their price objective on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating on the stock in a report on Thursday, June 26th. Finally, Wall Street Zen lowered shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, May 31st. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of "Hold" and an average price target of $17.20.

Healthcare Realty Trust Price Performance

Shares of HR stock opened at $18.21 on Tuesday. The firm has a market capitalization of $6.40 billion, a P/E ratio of -15.83 and a beta of 0.94. The company's fifty day moving average price is $16.54 and its two-hundred day moving average price is $15.95. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The business had revenue of $287.07 million for the quarter, compared to analyst estimates of $290.83 million. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. During the same quarter in the prior year, the business posted $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Thursday, August 14th. Healthcare Realty Trust's dividend payout ratio is -83.48%.

Insider Transactions at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian bought 10,000 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were acquired at an average price of $16.46 per share, for a total transaction of $164,600.00. Following the purchase, the director owned 75,520 shares in the company, valued at $1,243,059.20. This trade represents a 15.26% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Julie F. Wilson sold 15,000 shares of the company's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $18.00, for a total transaction of $270,000.00. Following the completion of the sale, the executive vice president owned 113,419 shares in the company, valued at approximately $2,041,542. This trade represents a 11.68% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.37% of the company's stock.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.

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