Bank of America Corp DE Boosts Stake in Healthcare Realty Trust Incorporated $HR

Key Points

• Bank of America increased its Healthcare Realty Trust stake by 13.3% in the first quarter, adding 259,782 shares to own 2.21 million shares valued at approximately $37.5 million.
• Healthcare Realty Trust reported quarterly revenue of $278.6 million, above estimates, but posted a loss of $0.13 per share and revenue declined 5.3% year over year. The company maintained 2026 EPS guidance of $1.62–$1.66.
• The REIT declared a quarterly dividend of $0.24 per share, equivalent to a 5.0% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $22, while an insider recently sold nearly 19% of her direct holdings.

Bank of America Corp DE boosted its position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 13.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,208,965 shares of the real estate investment trust's stock after purchasing an additional 259,782 shares during the period. Bank of America Corp DE owned approximately 0.64% of Healthcare Realty Trust worth $37,530,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of HR. Wiser Advisor Group LLC purchased a new stake in shares of Healthcare Realty Trust in the third quarter worth approximately $25,000. Eurizon Capital SGR S.p.A. bought a new stake in shares of Healthcare Realty Trust during the 4th quarter worth approximately $37,000. Main Street Group LTD purchased a new position in Healthcare Realty Trust during the 1st quarter valued at $42,000. Prosperity Bancshares Inc purchased a new position in Healthcare Realty Trust during the 4th quarter valued at $42,000. Finally, Danske Bank A S bought a new position in Healthcare Realty Trust in the 3rd quarter valued at $47,000.

Insider Activity at Healthcare Realty Trust

In other news, CAO Amanda L. Callaway sold 25,767 shares of the firm's stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $20.37, for a total value of $524,873.79. Following the sale, the chief accounting officer directly owned 109,954 shares in the company, valued at approximately $2,239,762.98. This trade represents a 18.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.56% of the company's stock.

Healthcare Realty Trust Trading Up 0.1%

Shares of NYSE:HR opened at $19.23 on Friday. The company has a market capitalization of $6.59 billion, a PE ratio of -73.98 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 12-month low of $16.23 and a 12-month high of $22.04. The business's fifty day simple moving average is $20.54 and its 200-day simple moving average is $19.13.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by ($0.53). Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%.The company had revenue of $278.58 million for the quarter, compared to analysts' expectations of $271.60 million. During the same quarter last year, the company earned $0.41 earnings per share. The company's revenue for the quarter was down 5.3% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. Research analysts predict that Healthcare Realty Trust Incorporated will post 1.64 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend is Tuesday, August 11th. Healthcare Realty Trust's dividend payout ratio is presently -369.23%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Weiss Ratings upgraded shares of Healthcare Realty Trust from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. Wells Fargo & Company lifted their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an "equal weight" rating in a report on Monday, June 1st. JPMorgan Chase & Co. boosted their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a "neutral" rating in a research report on Thursday, July 9th. Cantor Fitzgerald upped their target price on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an "overweight" rating in a research note on Friday, July 31st. Finally, BTIG Research reaffirmed a "buy" rating and set a $22.00 target price on shares of Healthcare Realty Trust in a research report on Friday, June 12th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $22.00.

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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