AQR Capital Management LLC Has $9.10 Million Stock Position in Healthcare Realty Trust Incorporated $HR

Key Points

• AQR Capital Management LLC has reduced its stake in Healthcare Realty Trust by 20.8%, now holding approximately $9.10 million worth of shares.
• The company reported $0.41 earnings per share for the last quarter, which slightly exceeded analysts' expectations of $0.40.
• Healthcare Realty Trust has declared a quarterly dividend of $0.24 with a dividend yield of 5.2%, but has a negative payout ratio of -83.48%.

AQR Capital Management LLC reduced its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 20.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 539,784 shares of the real estate investment trust's stock after selling 141,834 shares during the period. AQR Capital Management LLC owned approximately 0.15% of Healthcare Realty Trust worth $9,101,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Quarry LP raised its holdings in Healthcare Realty Trust by 173.7% during the 1st quarter. Quarry LP now owns 7,320 shares of the real estate investment trust's stock worth $124,000 after buying an additional 4,646 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in Healthcare Realty Trust during the 1st quarter worth approximately $583,000. B. Metzler seel. Sohn & Co. AG raised its holdings in Healthcare Realty Trust by 51.4% during the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 208,950 shares of the real estate investment trust's stock worth $3,531,000 after buying an additional 70,900 shares during the period. Samalin Investment Counsel LLC raised its holdings in Healthcare Realty Trust by 6.0% during the 1st quarter. Samalin Investment Counsel LLC now owns 33,678 shares of the real estate investment trust's stock worth $569,000 after buying an additional 1,901 shares during the period. Finally, SVB Wealth LLC acquired a new stake in Healthcare Realty Trust during the 1st quarter worth approximately $35,000.

Healthcare Realty Trust Trading Down 1.7%

NYSE:HR opened at $18.37 on Thursday. Healthcare Realty Trust Incorporated has a 1-year low of $14.09 and a 1-year high of $18.90. The firm has a fifty day simple moving average of $16.64 and a 200 day simple moving average of $15.98. The stock has a market capitalization of $6.46 billion, a PE ratio of -15.97 and a beta of 0.94.

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 earnings per share for the quarter, beating 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 business had revenue of $287.07 million during the quarter, compared to analysts' expectations of $290.83 million. During the same period last year, the business earned $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, equities analysts predict 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 disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were given a $0.24 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $0.96 annualized dividend and a dividend yield of 5.2%. Healthcare Realty Trust's dividend payout ratio is presently -83.48%.

Analyst Ratings Changes

A number of research firms have recently issued reports on HR. BTIG Research reiterated a "buy" rating and issued a $20.00 price objective on shares of Healthcare Realty Trust in a report on Wednesday. Wells Fargo & Company lifted their price objective on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the company an "underweight" rating in a report on Wednesday, August 27th. Wall Street Zen downgraded shares of Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, May 31st. Scotiabank upgraded shares of Healthcare Realty Trust from a "sector perform" rating to a "sector outperform" rating and lifted their price objective for the company from $18.00 to $20.00 in a report on Friday, September 5th. Finally, 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 report on Thursday, June 26th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $17.67.

Insider Transactions at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of the firm'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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Thomas N. Bohjalian bought 10,000 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were bought at an average price of $16.46 per share, with a total value of $164,600.00. Following the purchase, the director owned 75,520 shares in the company, valued at $1,243,059.20. The trade was a 15.26% increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.37% of the company's stock.

About Healthcare Realty Trust

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.