Sessa Capital IM L.P. Buys Shares of 55,124 Healthcare Realty Trust Incorporated $HR

Key Points

• Sessa Capital IM L.P. has acquired 55,124 shares of Healthcare Realty Trust, valued at approximately $932,000, making it the 26th largest holding in their portfolio.
• The stock has seen various institutional investors adjusting their stakes, with Deutsche Bank AG significantly increasing its investment by 95.9% in the fourth quarter.
• Recent analyst ratings reflect mixed opinions on the stock, with Scotiabank upgrading it to "outperform" while Wall Street Zen downgraded it to a "sell," indicating volatility in investor confidence.

Sessa Capital IM L.P. acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 55,124 shares of the real estate investment trust's stock, valued at approximately $932,000. Healthcare Realty Trust comprises about 0.0% of Sessa Capital IM L.P.'s investment portfolio, making the stock its 26th largest holding.

A number of other large investors also recently modified their holdings of HR. Mercer Global Advisors Inc. ADV increased its position in shares of Healthcare Realty Trust by 107.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 42,585 shares of the real estate investment trust's stock valued at $722,000 after purchasing an additional 22,069 shares during the last quarter. BNP Paribas Financial Markets purchased a new position in shares of Healthcare Realty Trust in the 4th quarter valued at $2,504,000. Cresset Asset Management LLC purchased a new position in shares of Healthcare Realty Trust in the 4th quarter valued at $356,000. Deutsche Bank AG grew its position in shares of Healthcare Realty Trust by 95.9% in the 4th quarter. Deutsche Bank AG now owns 464,941 shares of the real estate investment trust's stock valued at $7,881,000 after buying an additional 227,566 shares during the last quarter. Finally, Focus Partners Wealth grew its position in shares of Healthcare Realty Trust by 23.5% in the 4th quarter. Focus Partners Wealth now owns 20,254 shares of the real estate investment trust's stock valued at $352,000 after buying an additional 3,850 shares during the last quarter.

Healthcare Realty Trust Price Performance

Shares of HR stock traded down $0.03 during mid-day trading on Friday, hitting $18.29. The stock had a trading volume of 1,133,865 shares, compared to its average volume of 3,212,018. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.09 and a fifty-two week high of $18.90. The firm has a market cap of $6.43 billion, a PE ratio of -15.90 and a beta of 0.94. The company's 50-day simple moving average is $16.69 and its 200-day simple moving average is $15.99.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The company had revenue of $287.07 million during the quarter, compared to analysts' expectations of $290.83 million. During the same quarter last year, the business earned $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, analysts expect 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. Stockholders of record on Thursday, August 14th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 5.3%. The ex-dividend date was Thursday, August 14th. Healthcare Realty Trust's dividend payout ratio (DPR) is -83.48%.

Insider Buying and Selling at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of the firm's stock in a transaction on Friday, September 5th. The shares were 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 owned 113,419 shares in the company, valued at approximately $2,041,542. This trade represents a 11.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas N. Bohjalian acquired 10,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Wednesday, August 13th. The stock was bought at an average price of $16.46 per share, with a total value of $164,600.00. Following the purchase, the director directly owned 75,520 shares of the company's stock, valued at approximately $1,243,059.20. This trade represents a 15.26% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.37% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of recent analyst reports. BTIG Research reaffirmed a "buy" rating and issued a $20.00 target price on shares of Healthcare Realty Trust in a research report on Wednesday. JPMorgan Chase & Co. lowered 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 research report on Thursday, June 26th. Wall Street Zen downgraded shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, May 31st. Scotiabank raised shares of Healthcare Realty Trust from a "sector perform" rating to a "sector outperform" rating and raised their price objective for the stock from $18.00 to $20.00 in a research report on Friday, September 5th. Finally, Wells Fargo & Company raised their price objective 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. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Healthcare Realty Trust presently has a consensus rating of "Hold" and an average price target of $17.67.

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.