1,876,671 Shares in Healthcare Realty Trust Incorporated $HR Purchased by Jupiter Asset Management Ltd.

Key Points

• Jupiter Asset Management opened a new position in Healthcare Realty Trust, buying 1,876,671 shares worth about $31.8 million, according to its latest SEC filing.
• Healthcare Realty Trust reported better-than-expected quarterly EPS of $0.41, though revenue missed estimates and fell 7.7% year over year.
• The company maintained a quarterly dividend of $0.24 per share, giving an annualized yield of about 4.8%; meanwhile, analysts currently rate the stock a consensus Hold with an average price target of $20.25.

Jupiter Asset Management Ltd. purchased a new position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,876,671 shares of the real estate investment trust's stock, valued at approximately $31,810,000. Jupiter Asset Management Ltd. owned approximately 0.53% of Healthcare Realty Trust as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of HR. Allianz Asset Management GmbH lifted its holdings in Healthcare Realty Trust by 36.3% in the third quarter. Allianz Asset Management GmbH now owns 527,024 shares of the real estate investment trust's stock worth $9,502,000 after acquiring an additional 140,396 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in Healthcare Realty Trust by 8.8% in the third quarter. Thrivent Financial for Lutherans now owns 5,018,021 shares of the real estate investment trust's stock worth $90,475,000 after acquiring an additional 404,855 shares during the last quarter. Aberdeen Group plc lifted its holdings in Healthcare Realty Trust by 26.2% in the fourth quarter. Aberdeen Group plc now owns 391,201 shares of the real estate investment trust's stock worth $6,631,000 after acquiring an additional 81,273 shares during the last quarter. Cinctive Capital Management LP lifted its holdings in Healthcare Realty Trust by 258.9% in the third quarter. Cinctive Capital Management LP now owns 189,551 shares of the real estate investment trust's stock worth $3,418,000 after acquiring an additional 136,734 shares during the last quarter. Finally, Bayhunt Capital LLC bought a new position in Healthcare Realty Trust in the fourth quarter worth about $6,216,000.

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Insider Buying and Selling

In other news, Director Thomas N. Bohjalian bought 10,000 shares of the company's stock in a transaction that occurred on Friday, March 6th. The shares were purchased at an average price of $18.09 per share, with a total value of $180,900.00. Following the completion of the acquisition, the director directly owned 85,520 shares in the company, valued at approximately $1,547,056.80. This trade represents a 13.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on HR shares. Royal Bank Of Canada raised their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a "sector perform" rating in a report on Thursday, May 14th. Cantor Fitzgerald raised their target price on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an "overweight" rating in a report on Monday, May 4th. UBS Group lifted their price target on Healthcare Realty Trust from $18.00 to $20.00 and gave the company a "buy" rating in a report on Wednesday, May 13th. Wall Street Zen raised Healthcare Realty Trust from a "sell" rating to a "hold" rating in a report on Saturday, January 31st. Finally, Scotiabank lifted their price target on Healthcare Realty Trust from $20.00 to $22.00 and gave the company an "outperform" rating in a report on Friday, May 8th. Four research 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. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $20.25.

Healthcare Realty Trust Trading Down 0.5%

HR opened at $20.10 on Friday. The business's 50 day moving average is $18.68 and its 200-day moving average is $17.95. The stock has a market cap of $6.97 billion, a PE ratio of -34.66 and a beta of 0.97. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $20.61.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating 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 return on equity of 4.29% and a negative net margin of 17.34%.The business's revenue for the quarter was down 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, analysts forecast that Healthcare Realty Trust Incorporated will post 1.61 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.96 annualized dividend and a yield of 4.8%. Healthcare Realty Trust's payout ratio is presently -165.52%.

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.

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