AlphaQuest LLC Has $1.31 Million Stock Position in Healthcare Realty Trust Incorporated $HR

Key Points

• AlphaQuest LLC increased its holdings in Healthcare Realty Trust (NYSE: HR) by 268.0% in Q1, acquiring an additional 56,328 shares to total 77,345 shares valued at approximately $1.3 million.
• Recent analyst reports have downgraded HR, with Wells Fargo reducing their target price from $16.00 to $15.00 and Wall Street Zen changing its rating from "hold" to "sell".
• Healthcare Realty Trust reported a quarterly dividend of $0.24 per share but has a significant negative payout ratio of -83.48%.

AlphaQuest LLC increased its holdings in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 268.0% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,345 shares of the real estate investment trust's stock after buying an additional 56,328 shares during the period. AlphaQuest LLC's holdings in Healthcare Realty Trust were worth $1,307,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantbot Technologies LP acquired a new stake in Healthcare Realty Trust during the 1st quarter worth approximately $1,444,000. Wellington Management Group LLP purchased a new position in shares of Healthcare Realty Trust during the 1st quarter valued at approximately $533,000. Northern Trust Corp boosted its stake in shares of Healthcare Realty Trust by 1.0% during the 1st quarter. Northern Trust Corp now owns 4,080,435 shares of the real estate investment trust's stock valued at $68,959,000 after buying an additional 39,466 shares during the last quarter. Cresset Asset Management LLC lifted its stake in Healthcare Realty Trust by 10.1% during the first quarter. Cresset Asset Management LLC now owns 23,133 shares of the real estate investment trust's stock worth $391,000 after purchasing an additional 2,121 shares during the last quarter. Finally, Global Endowment Management LP bought a new position in Healthcare Realty Trust during the first quarter worth $238,000.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of recent research reports. Wedbush cut their target price on Healthcare Realty Trust from $18.00 to $16.00 and set a "neutral" rating on the stock in a research note on Monday, May 5th. Wells Fargo & Company raised their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the company an "underweight" rating in a research note on Wednesday. JPMorgan Chase & Co. cut their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a "neutral" rating on the stock in a research note on Thursday, June 26th. Wall Street Zen lowered Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, May 31st. Finally, Scotiabank raised their price target on Healthcare Realty Trust from $17.00 to $18.00 and gave the company a "sector perform" rating in a report on Thursday. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Reduce" and a consensus price target of $16.80.

Healthcare Realty Trust Price Performance

Shares of Healthcare Realty Trust stock traded down $0.08 during trading hours on Friday, hitting $17.29. The company's stock had a trading volume of 743,163 shares, compared to its average volume of 3,109,170. The company has a market capitalization of $6.08 billion, a PE ratio of -15.03 and a beta of 0.89. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.90. The stock has a 50 day moving average of $16.26 and a 200 day moving average of $15.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, topping analysts' consensus estimates 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 firm had revenue of $287.07 million for the quarter, compared to analyst estimates of $290.83 million. During the same quarter last year, the company earned $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. Equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were given a dividend of $0.24 per share. The ex-dividend date was Thursday, August 14th. This represents a $0.96 dividend on an annualized basis 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 bought 10,000 shares of the business's stock in a transaction on Wednesday, August 13th. The shares were purchased at an average cost of $16.46 per share, with a total value of $164,600.00. Following 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 ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.37% of the stock is owned by corporate insiders.

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.