Healthcare Realty Trust Incorporated $HR Position Boosted by Capital Investment Advisors LLC

Key Points

• Capital Investment Advisors LLC increased its holdings in Healthcare Realty Trust by 7.4% during Q2, owning 597,695 shares valued at approximately $9.48 million.
• Healthcare Realty Trust's recent performance has attracted mixed analyst ratings, with a consensus rating of "Hold" and a target price of $17.67, while some analysts have downgraded the stock.
• The company announced a quarterly dividend of $0.24 per share, marking a dividend yield of 5.4%, despite a significant negative payout ratio of -83.48%.

Capital Investment Advisors LLC raised its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 7.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 597,695 shares of the real estate investment trust's stock after acquiring an additional 41,402 shares during the period. Capital Investment Advisors LLC owned approximately 0.17% of Healthcare Realty Trust worth $9,479,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of HR. Golden State Wealth Management LLC bought a new stake in shares of Healthcare Realty Trust during the first quarter valued at about $26,000. SVB Wealth LLC acquired a new position in Healthcare Realty Trust during the 1st quarter valued at about $35,000. Anchor Investment Management LLC bought a new stake in shares of Healthcare Realty Trust during the 1st quarter worth about $38,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Healthcare Realty Trust in the 1st quarter worth approximately $48,000. Finally, UMB Bank n.a. boosted its holdings in shares of Healthcare Realty Trust by 73.3% in the first quarter. UMB Bank n.a. now owns 3,024 shares of the real estate investment trust's stock valued at $51,000 after acquiring an additional 1,279 shares in the last quarter.

Analysts Set New Price Targets

Several equities research analysts recently commented on HR shares. Raymond James Financial cut Healthcare Realty Trust from a "market perform" rating to an "underperform" rating in a report on Monday, September 15th. Scotiabank raised Healthcare Realty Trust from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the stock from $18.00 to $20.00 in a research note on Friday, September 5th. Wells Fargo & Company upped their price objective on Healthcare Realty Trust from $15.00 to $16.00 and gave the company an "underweight" rating in a report on Wednesday, August 27th. 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. Finally, BTIG Research restated a "buy" rating and issued a $20.00 price objective on shares of Healthcare Realty Trust in a report on Monday. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Healthcare Realty Trust presently has a consensus rating of "Hold" and a consensus target price of $17.67.

Insider Buying and Selling at Healthcare Realty Trust

In related news, 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 transaction of $270,000.00. Following the transaction, the executive vice president directly owned 113,419 shares of the company's stock, valued at approximately $2,041,542. The trade was a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas N. Bohjalian purchased 10,000 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The shares were acquired at an average cost of $16.46 per share, for a total transaction of $164,600.00. Following the completion of the transaction, the director directly owned 75,520 shares of the company's stock, valued at $1,243,059.20. This trade represents a 15.26% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.37% of the company's stock.

Healthcare Realty Trust Stock Down 0.6%

Shares of NYSE HR opened at $17.74 on Tuesday. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.82. The company has a market cap of $6.24 billion, a price-to-earnings ratio of -15.43 and a beta of 0.94. The business has a fifty day simple moving average of $17.14 and a 200-day simple moving average of $16.09.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, beating 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 period in the prior year, the business posted $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. As a group, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend was Thursday, August 14th. Healthcare Realty Trust's dividend payout ratio is currently -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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