Commerzbank Aktiengesellschaft FI Has $1.33 Million Stock Position in Healthcare Realty Trust Incorporated $HR

Key Points

• Commerzbank Aktiengesellschaft FI increased its stake in Healthcare Realty Trust by 50.3%, owning 83,839 shares worth $1.33 million after acquired additional shares during the second quarter.
• Multiple institutional investors have recently acquired significant new positions in Healthcare Realty Trust, including Massachusetts Financial Services Co. with an investment valued at approximately $100.8 million.
• Healthcare Realty Trust's stock currently holds an average rating of "Hold" with a consensus price target of $18.50, despite a series of mixed analyst ratings and recent declines in dividend payouts.

Commerzbank Aktiengesellschaft FI increased its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 50.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 83,839 shares of the real estate investment trust's stock after acquiring an additional 28,052 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in Healthcare Realty Trust were worth $1,330,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA acquired a new position in Healthcare Realty Trust in the first quarter valued at approximately $100,817,000. Centersquare Investment Management LLC acquired a new position in Healthcare Realty Trust in the first quarter valued at approximately $30,834,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Healthcare Realty Trust in the first quarter valued at approximately $22,285,000. Nuveen LLC acquired a new position in Healthcare Realty Trust in the first quarter valued at approximately $21,221,000. Finally, Northside Capital Management LLC acquired a new position in Healthcare Realty Trust in the second quarter valued at approximately $15,707,000.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Raymond James Financial lowered Healthcare Realty Trust from a "market perform" rating to an "underperform" rating in a research note on Monday, September 15th. Cantor Fitzgerald assumed coverage on Healthcare Realty Trust in a research note on Wednesday, October 1st. They issued an "overweight" rating and a $23.00 price target on the stock. Weiss Ratings reissued a "sell (d+)" rating on shares of Healthcare Realty Trust in a research note on Wednesday. JPMorgan Chase & Co. lowered their target price on 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. Finally, Royal Bank Of Canada started coverage on Healthcare Realty Trust in a research report on Wednesday. They set a "sector perform" rating and a $19.00 target price on the stock. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $18.50.

Healthcare Realty Trust Stock Up 1.2%

Shares of NYSE:HR opened at $17.91 on Friday. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.82. The stock's 50 day moving average is $17.48 and its 200-day moving average is $16.17. The firm has a market capitalization of $6.30 billion, a price-to-earnings ratio of -15.57 and a beta of 0.96.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%.The business had revenue of $287.07 million during the quarter, compared to the consensus estimate of $290.83 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. Equities 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 declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were issued a dividend of $0.24 per share. The ex-dividend date was Thursday, August 14th. This represents a $0.96 annualized dividend and a yield of 5.4%. Healthcare Realty Trust's dividend payout ratio is -83.48%.

Insider Buying and Selling at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian purchased 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The stock was acquired at an average price of $16.46 per share, for a total transaction of $164,600.00. Following the completion of the acquisition, the director owned 75,520 shares of the company's stock, valued at $1,243,059.20. This represents a 15.26% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Julie F. Wilson sold 15,000 shares of the company'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 sale, the executive vice president owned 113,419 shares of the company's stock, valued at $2,041,542. This trade represents a 11.68% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.37% of the company's stock.

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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