Landscape Capital Management L.L.C. Acquires Shares of 34,513 Healthcare Realty Trust Incorporated $HR

Key Points

• Landscape Capital Management has invested approximately $583,000 in Healthcare Realty Trust by acquiring 34,513 shares in the first quarter of the year.
• Healthcare Realty Trust reported earnings per share of $0.41 for the last quarter, surpassing analysts' estimates.
• The company announced a dividend of $0.24 per share, representing an annual yield of 5.5%, although it currently has a negative payout ratio of -83.48%.

Landscape Capital Management L.L.C. acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 34,513 shares of the real estate investment trust's stock, valued at approximately $583,000.

Other large investors have also modified their holdings of the company. Crossmark Global Holdings Inc. bought a new stake in shares of Healthcare Realty Trust during the 1st quarter worth $228,000. Golden State Wealth Management LLC bought a new stake in shares of Healthcare Realty Trust during the 1st quarter worth $26,000. Oppenheimer Asset Management Inc. boosted its position in shares of Healthcare Realty Trust by 31.4% in the first quarter. Oppenheimer Asset Management Inc. now owns 60,301 shares of the real estate investment trust's stock worth $1,019,000 after buying an additional 14,400 shares during the period. Sequoia Financial Advisors LLC boosted its position 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 worth $250,000 after buying an additional 1,171 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Healthcare Realty Trust in the first quarter worth $618,000.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian bought 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The shares were acquired at an average cost of $16.46 per share, with a total value of $164,600.00. Following the completion of 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 acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.37% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently commented on HR. Wells Fargo & Company raised their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the stock an "underweight" rating in a research report on Wednesday, August 27th. Scotiabank increased their price objective on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a "sector perform" rating in a report on Thursday, August 28th. 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, Wall Street Zen lowered Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, May 31st. Four research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Healthcare Realty Trust presently has a consensus rating of "Reduce" and a consensus price target of $16.80.

Healthcare Realty Trust Stock Performance

Shares of NYSE:HR traded up $0.06 during midday trading on Thursday, hitting $17.50. The company's stock had a trading volume of 1,642,143 shares, compared to its average volume of 3,122,151. The stock has a market capitalization of $6.15 billion, a price-to-earnings ratio of -15.21 and a beta of 0.94. The stock's 50 day simple moving average is $16.41 and its 200 day simple moving average is $15.93. 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 issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. The company had revenue of $287.07 million for the quarter, compared to the consensus estimate 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 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, analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Cuts Dividend

The company also recently announced 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 of this dividend was Thursday, August 14th. This represents a $0.96 dividend on an annualized basis and a yield of 5.5%. Healthcare Realty Trust's dividend payout ratio (DPR) is -83.48%.

Healthcare Realty Trust Company 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.