Bayforest Capital Ltd Trims Stake in Healthcare Realty Trust Incorporated $HR

Bayforest Capital Ltd reduced its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 79.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,390 shares of the real estate investment trust's stock after selling 56,721 shares during the quarter. Bayforest Capital Ltd's holdings in Healthcare Realty Trust were worth $228,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in Healthcare Realty Trust during the 1st quarter worth $26,000. SVB Wealth LLC purchased a new position in Healthcare Realty Trust during the 1st quarter worth $35,000. Anchor Investment Management LLC purchased a new position in Healthcare Realty Trust during the 1st quarter worth $38,000. Financial Gravity Asset Management Inc. purchased a new position in Healthcare Realty Trust during the 1st quarter worth $48,000. Finally, Avalon Trust Co purchased a new position in Healthcare Realty Trust during the 1st quarter worth $53,000.

Analyst Ratings Changes

Several research firms have commented on HR. JPMorgan Chase & Co. reduced their price objective 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. Scotiabank raised Healthcare Realty Trust from a "sector perform" rating to a "sector outperform" rating and increased their target price for the company from $18.00 to $20.00 in a research report on Friday, September 5th. Royal Bank Of Canada assumed coverage on Healthcare Realty Trust in a research report on Wednesday, October 8th. They issued a "sector perform" rating and a $19.00 price objective for the company. Weiss Ratings reissued a "sell (d+)" rating on shares of Healthcare Realty Trust in a research report on Wednesday, October 8th. Finally, Raymond James Financial cut Healthcare Realty Trust from a "market perform" rating to an "underperform" rating in a research report on Monday, September 15th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Healthcare Realty Trust has an average rating of "Hold" and an average price target of $18.50.

Insiders Place Their Bets

In related news, EVP Julie F. Wilson sold 15,000 shares of the firm's stock in a transaction on 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 transaction, the executive vice president owned 113,419 shares in the company, valued at $2,041,542. This trade represents a 11.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Thomas N. Bohjalian bought 10,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Wednesday, August 13th. The stock was purchased 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 in the company, valued at $1,243,059.20. The trade was a 15.26% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.37% of the company's stock.

Healthcare Realty Trust Price Performance

Shares of HR stock opened at $18.33 on Friday. The firm has a market capitalization of $6.45 billion, a price-to-earnings ratio of -15.94 and a beta of 0.96. The business has a fifty day moving average of $17.59 and a 200 day moving average of $16.21. 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 issued its earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.01. The company had revenue of $287.07 million during the quarter, compared to analyst estimates 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 business posted $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. As a group, equities research analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share 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 paid a $0.24 dividend. The ex-dividend date was Thursday, August 14th. This represents a $0.96 dividend on an annualized basis and a yield of 5.2%. Healthcare Realty Trust's dividend payout ratio (DPR) is -83.48%.

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.

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