Aew Capital Management L P Acquires 128,890 Shares of Healthcare Realty Trust Incorporated $HR

Key Points

• Aew Capital Management L P increased its stake in Healthcare Realty Trust by 14.0%, acquiring an additional 128,890 shares, bringing its total holdings to 1,049,450 shares valued at approximately $17.7 million.
• Several institutional investors made new investments in Healthcare Realty Trust, with Golden State Wealth Management and others purchasing positions valued between $26,000 and $53,000 in the first quarter.
• Healthcare Realty Trust recently cut its quarterly dividend to $0.24 per share, resulting in an annualized yield of 5.6%, despite facing challenges such as a negative net margin of 32.95%.

Aew Capital Management L P grew its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 14.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 1,049,450 shares of the real estate investment trust's stock after purchasing an additional 128,890 shares during the quarter. Aew Capital Management L P owned 0.30% of Healthcare Realty Trust worth $17,736,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Harbor Capital Advisors Inc. increased its position in shares of Healthcare Realty Trust by 16.4% during the 1st quarter. Harbor Capital Advisors Inc. now owns 4,945 shares of the real estate investment trust's stock valued at $84,000 after purchasing an additional 695 shares during the period. Peak Financial Advisors LLC boosted its stake in shares of Healthcare Realty Trust by 6.8% during the 1st quarter. Peak Financial Advisors LLC now owns 11,413 shares of the real estate investment trust's stock worth $193,000 after acquiring an additional 728 shares in the last quarter. ProShare Advisors LLC boosted its stake in shares of Healthcare Realty Trust by 4.8% during the 4th quarter. ProShare Advisors LLC now owns 16,581 shares of the real estate investment trust's stock worth $281,000 after acquiring an additional 756 shares in the last quarter. Focus Financial Network Inc. boosted its stake in shares of Healthcare Realty Trust by 6.9% during the 1st quarter. Focus Financial Network Inc. now owns 11,868 shares of the real estate investment trust's stock worth $201,000 after acquiring an additional 762 shares in the last quarter. Finally, Comprehensive Money Management Services LLC boosted its stake in shares of Healthcare Realty Trust by 4.7% during the 1st quarter. Comprehensive Money Management Services LLC now owns 17,918 shares of the real estate investment trust's stock worth $303,000 after acquiring an additional 800 shares in the last quarter.

Healthcare Realty Trust Price Performance

HR traded down $0.09 during trading on Thursday, reaching $17.18. 593,591 shares of the stock traded hands, compared to its average volume of 3,114,193. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of -14.93 and a beta of 0.89. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.09 and a fifty-two week high of $18.90. The stock's 50-day simple moving average is $16.21 and its two-hundred day simple moving average is $15.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released 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 firm had revenue of $287.07 million during the quarter, compared to analysts' expectations 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 quarter last year, the firm earned $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. Research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 5.6%. The ex-dividend date is Thursday, August 14th. Healthcare Realty Trust's dividend payout ratio (DPR) is -83.48%.

Analysts Set New Price Targets

Several research firms have recently weighed in on HR. Scotiabank raised their price objective on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a "sector perform" rating in a research note on Thursday. JPMorgan Chase & Co. reduced their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating for the company in a research note on Thursday, June 26th. Wells Fargo & Company raised their price objective on Healthcare Realty Trust from $15.00 to $16.00 and gave the stock an "underweight" rating in a research note on Wednesday. Wall Street Zen cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research report on Saturday, May 31st. Finally, Wedbush decreased their target price on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. Four investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Healthcare Realty Trust has an average rating of "Reduce" and an average target price of $16.80.

Insiders Place Their Bets

In related news, Director Thomas N. Bohjalian bought 10,000 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were bought at an average cost of $16.46 per share, for a total transaction of $164,600.00. Following the completion of the acquisition, the director directly owned 75,520 shares in the company, valued at approximately $1,243,059.20. This represents a 15.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.37% of the stock is currently owned by company insiders.

Healthcare Realty Trust 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.