20,735 Shares in Healthcare Realty Trust Incorporated $HR Bought by Abel Hall LLC

Key Points

• Abel Hall LLC has acquired 20,735 shares of Healthcare Realty Trust, valued at approximately $329,000, during the second quarter.
• Executive VP Julie F. Wilson sold 15,000 shares of the company's stock, representing an 11.68% decrease in her position, while Director Thomas N. Bohjalian purchased 10,000 shares, increasing his ownership by 15.26%.
• Several analysts have mixed ratings on Healthcare Realty Trust with price targets ranging from $17.00 to $23.00, while the stock has a consensus target price of $18.50.

Abel Hall LLC acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 20,735 shares of the real estate investment trust's stock, valued at approximately $329,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of HR. Massachusetts Financial Services Co. MA bought a new stake in Healthcare Realty Trust during the 1st quarter worth $100,817,000. Centersquare Investment Management LLC acquired a new position in Healthcare Realty Trust during the 1st quarter worth about $30,834,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Healthcare Realty Trust during the 1st quarter worth about $22,285,000. Nuveen LLC acquired a new position in Healthcare Realty Trust during the 1st quarter worth about $21,221,000. Finally, Northside Capital Management LLC acquired a new position in Healthcare Realty Trust during the 2nd quarter worth about $15,707,000.

Insider Transactions at Healthcare Realty Trust

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

Wall Street Analyst Weigh In

Several research analysts have commented on HR shares. JPMorgan Chase & Co. cut their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating on the stock in a report on Thursday, June 26th. Cantor Fitzgerald started coverage on Healthcare Realty Trust in a report on Wednesday, October 1st. They set an "overweight" rating and a $23.00 target price on the stock. Scotiabank raised Healthcare Realty Trust from a "sector perform" rating to a "sector outperform" rating and lifted their target price for the stock from $18.00 to $20.00 in a report on Friday, September 5th. Royal Bank Of Canada started coverage on Healthcare Realty Trust in a report on Wednesday. They set a "sector perform" rating and a $19.00 target price on the stock. Finally, BTIG Research reaffirmed a "buy" rating and set a $20.00 target price on shares of Healthcare Realty Trust in a report on Monday, September 29th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $18.50.

Healthcare Realty Trust Price Performance

Shares of NYSE:HR opened at $17.71 on Thursday. The company has a market capitalization of $6.23 billion, a price-to-earnings ratio of -15.40 and a beta of 0.96. The business's 50-day moving average is $17.41 and its 200-day moving average is $16.16. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $18.82.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $287.07 million for the quarter, compared to the consensus estimate of $290.83 million. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%.During the same period in the previous year, the business earned $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. Analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend was Thursday, August 14th. Healthcare Realty Trust's payout ratio is presently -83.48%.

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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