Fox Run Management L.L.C. Makes New Investment in Healthcare Realty Trust Incorporated $HR

Key Points

• Fox Run Management L.L.C. acquired 21,884 shares of Healthcare Realty Trust valued at approximately $370,000 in the first quarter, indicating growing institutional interest in the company.
• The stock of Healthcare Realty Trust is currently down 0.5%, with a market cap of $5.76 billion and a PE ratio of -14.25.
• Healthcare Realty Trust recently declared a quarterly dividend of $0.24 per share, reflecting a yield of 5.9%, despite a dividend payout ratio of -83.48%.

Fox Run Management L.L.C. purchased a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,884 shares of the real estate investment trust's stock, valued at approximately $370,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. purchased a new stake in shares of Healthcare Realty Trust during the first quarter worth about $228,000. Golden State Wealth Management LLC bought a new position in Healthcare Realty Trust during the 1st quarter valued at $26,000. Oppenheimer Asset Management Inc. lifted its position in shares of Healthcare Realty Trust by 31.4% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 60,301 shares of the real estate investment trust's stock valued at $1,019,000 after acquiring an additional 14,400 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Healthcare Realty Trust by 8.6% in the first quarter. Sequoia Financial Advisors LLC now owns 14,803 shares of the real estate investment trust's stock valued at $250,000 after purchasing an additional 1,171 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Healthcare Realty Trust in the first quarter valued at $618,000.

Analyst Ratings Changes

Several analysts recently issued reports on the company. JPMorgan Chase & Co. cut their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating for the company in a report on Thursday, June 26th. Wall Street Zen lowered Healthcare Realty Trust from a "hold" rating to a "sell" rating in a research note on Saturday, May 31st. Wells Fargo & Company decreased their price target on Healthcare Realty Trust from $16.00 to $15.00 and set an "underweight" rating on the stock in a research report on Monday, June 2nd. Finally, Wedbush reduced their price target on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a research report on Monday, May 5th. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price of $16.40.

Healthcare Realty Trust Trading Up 1.9%

NYSE HR traded up $0.3150 on Thursday, hitting $16.9050. 2,726,733 shares of the company's stock were exchanged, compared to its average volume of 3,529,437. The stock has a 50-day moving average of $16.04 and a 200-day moving average of $15.88. Healthcare Realty Trust Incorporated has a 52 week low of $14.09 and a 52 week high of $18.90. The stock has a market cap of $5.94 billion, a price-to-earnings ratio of -14.70 and a beta of 0.89.

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, topping the consensus estimate of $0.40 by $0.01. The firm 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 in the prior year, the company earned $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. As a group, analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Investors of record on Thursday, August 14th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 5.7%. Healthcare Realty Trust's payout ratio is -83.48%.

Insider Activity at Healthcare Realty Trust

In other news, Director Thomas N. Bohjalian bought 10,000 shares of the company's stock in a transaction on Wednesday, August 13th. The shares were purchased at an average price of $16.46 per share, with a total value of $164,600.00. Following the transaction, the director directly owned 75,520 shares in the company, valued at $1,243,059.20. This represents a 15.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.37% of the stock is currently owned by corporate insiders.

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.