Janus Henderson Group PLC Lowers Position in Healthcare Realty Trust Incorporated $HR

Key Points

• Janus Henderson Group cut its Healthcare Realty Trust stake by 93.9% in the first quarter, selling 2.24 million shares and retaining 145,123 shares valued at approximately $2.47 million. Several smaller investors initiated new positions.
• Healthcare Realty Trust reported a quarterly loss of $0.13 per share, missing the $0.40 consensus estimate, while revenue of $278.6 million exceeded expectations but declined 5.3% year over year.
• Analysts maintain a consensus “Hold” rating with an average $22 price target. The company declared a quarterly dividend of $0.24 per share, representing a 4.8% annualized yield.

Janus Henderson Group PLC decreased its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 93.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 145,123 shares of the real estate investment trust's stock after selling 2,235,257 shares during the period. Janus Henderson Group PLC's holdings in Healthcare Realty Trust were worth $2,465,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Wiser Advisor Group LLC acquired a new position in shares of Healthcare Realty Trust in the 3rd quarter valued at $25,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Healthcare Realty Trust during the 4th quarter worth $37,000. Main Street Group LTD purchased a new position in shares of Healthcare Realty Trust in the 1st quarter worth $42,000. Prosperity Bancshares Inc purchased a new position in shares of Healthcare Realty Trust in the 4th quarter worth $42,000. Finally, Inspire Investing LLC purchased a new position in shares of Healthcare Realty Trust in the 1st quarter worth $45,000.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 25,767 shares of the business's stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $20.37, for a total value of $524,873.79. Following the transaction, the chief accounting officer owned 109,954 shares in the company, valued at $2,239,762.98. The trade was a 18.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.56% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on HR shares. Wells Fargo & Company boosted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an "equal weight" rating in a research report on Monday, June 1st. Cantor Fitzgerald raised their price target on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the company an "overweight" rating in a report on Friday, July 31st. Citigroup lifted their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a "neutral" rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. boosted their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a "neutral" rating in a research note on Thursday, July 9th. Finally, BTIG Research restated a "buy" rating and set a $22.00 target price on shares of Healthcare Realty Trust in a report on Friday, June 12th. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $22.00.

Healthcare Realty Trust Stock Down 1.1%

NYSE HR opened at $19.98 on Friday. Healthcare Realty Trust Incorporated has a fifty-two week low of $16.23 and a fifty-two week high of $22.04. The business has a 50 day moving average price of $20.56 and a two-hundred day moving average price of $19.06. The stock has a market cap of $6.93 billion, a PE ratio of -76.87 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by ($0.53). Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The firm had revenue of $278.58 million for the quarter, compared to analysts' expectations of $271.60 million. During the same quarter in the prior year, the business earned $0.41 EPS. The company's revenue for the quarter was down 5.3% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. Sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.64 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.96 annualized dividend and a yield of 4.8%. Healthcare Realty Trust's payout ratio is -369.23%.

About Healthcare Realty Trust

Healthcare Realty Trust NYSE: HR is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company's portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company's properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.

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