Deutsche Bank AG Has $4.10 Million Stock Holdings in Healthcare Realty Trust Incorporated $HR

Deutsche Bank AG trimmed its stake in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 47.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 242,514 shares of the real estate investment trust's stock after selling 222,427 shares during the quarter. Deutsche Bank AG owned approximately 0.07% of Healthcare Realty Trust worth $4,098,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC bought a new position in Healthcare Realty Trust in the first quarter valued at approximately $26,000. Lazard Asset Management LLC bought a new position in shares of Healthcare Realty Trust during the 4th quarter worth approximately $45,000. Financial Gravity Asset Management Inc. bought a new position in shares of Healthcare Realty Trust during the 1st quarter worth approximately $48,000. UMB Bank n.a. boosted its stake in shares of Healthcare Realty Trust by 73.3% during the 1st quarter. UMB Bank n.a. now owns 3,024 shares of the real estate investment trust's stock worth $51,000 after acquiring an additional 1,279 shares during the period. Finally, Avalon Trust Co bought a new position in shares of Healthcare Realty Trust during the 1st quarter worth approximately $53,000.

Analyst Ratings Changes

HR has been the subject of several research analyst reports. JPMorgan Chase & Co. reduced their target price 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. Wall Street Zen downgraded Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st. Wells Fargo & Company reduced their target price on Healthcare Realty Trust from $16.00 to $15.00 and set an "underweight" rating for the company in a research note on Monday, June 2nd. Finally, Wedbush reduced their target price on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating for the company in a research note on Monday, May 5th. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $16.40.

Healthcare Realty Trust Stock Performance

NYSE:HR traded up $0.1750 during mid-day trading on Friday, hitting $17.0950. 903,436 shares of the stock were exchanged, compared to its average volume of 3,121,132. The stock has a market capitalization of $6.01 billion, a price-to-earnings ratio of -14.87 and a beta of 0.89. The firm's 50-day simple moving average is $16.04 and its 200 day simple moving average is $15.88. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.09 and a fifty-two week high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.01. The business 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 period last year, the firm posted $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Investors 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%. Healthcare Realty Trust's payout ratio is currently -83.48%.

Insiders Place Their Bets

In related news, Director Thomas N. Bohjalian acquired 10,000 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was purchased at an average cost of $16.46 per share, with a total value of $164,600.00. Following the acquisition, the director directly owned 75,520 shares of the company's stock, valued at approximately $1,243,059.20. The trade was a 15.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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.