LSV Asset Management Purchases Shares of 112,400 Healthcare Realty Trust Incorporated $HR

Key Points

• LSV Asset Management initiated a new position in Healthcare Realty Trust, buying 112,400 shares worth about $1.9 million in the fourth quarter.
• Healthcare Realty Trust reported Q1 EPS of $0.41, topping analyst expectations by $0.02, though revenue of $275.28 million came in below estimates and was down 7.7% year over year.
• The company paid a quarterly dividend of $0.24, equal to a 4.8% annualized yield, while analysts currently rate the stock Hold on average with a $20.25 price target.

LSV Asset Management purchased a new stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 112,400 shares of the real estate investment trust's stock, valued at approximately $1,905,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC boosted its stake in shares of Healthcare Realty Trust by 46.0% during the 4th quarter. Global Retirement Partners LLC now owns 6,113 shares of the real estate investment trust's stock worth $104,000 after acquiring an additional 1,925 shares in the last quarter. Marble Harbor Investment Counsel LLC boosted its stake in shares of Healthcare Realty Trust by 1.9% during the 4th quarter. Marble Harbor Investment Counsel LLC now owns 918,982 shares of the real estate investment trust's stock worth $15,577,000 after acquiring an additional 17,550 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Healthcare Realty Trust by 1.6% during the 4th quarter. HighTower Advisors LLC now owns 77,519 shares of the real estate investment trust's stock worth $1,314,000 after acquiring an additional 1,253 shares in the last quarter. North Dakota State Investment Board bought a new stake in shares of Healthcare Realty Trust during the 4th quarter worth $197,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Healthcare Realty Trust by 4,583.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 270,197 shares of the real estate investment trust's stock worth $4,580,000 after acquiring an additional 264,428 shares in the last quarter.

Healthcare Realty Trust Stock Down 1.8%

Shares of Healthcare Realty Trust stock opened at $20.20 on Thursday. The stock has a market cap of $7.00 billion, a PE ratio of -34.82 and a beta of 0.97. The business has a fifty day simple moving average of $18.64 and a 200-day simple moving average of $17.94. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $20.61.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The business had revenue of $275.28 million during the quarter, compared to analysts' expectations of $283.01 million. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.Healthcare Realty Trust's revenue was down 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.39 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. Analysts expect that Healthcare Realty Trust Incorporated will post 1.61 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Monday, May 11th. Healthcare Realty Trust's dividend payout ratio (DPR) is -165.52%.

Insider Activity at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 10,000 shares of the firm's stock in a transaction dated Friday, March 6th. The stock was acquired at an average price of $18.09 per share, with a total value of $180,900.00. Following the completion of the transaction, the director directly owned 85,520 shares in the company, valued at approximately $1,547,056.80. This represents a 13.24% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.56% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on HR. Scotiabank raised their price objective on Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an "outperform" rating in a research note on Friday, May 8th. Weiss Ratings lowered Healthcare Realty Trust from a "hold (c)" rating to a "sell (d+)" rating in a research note on Monday, May 4th. Citigroup raised their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a "neutral" rating in a research note on Thursday, May 7th. Cantor Fitzgerald raised their price objective on Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an "overweight" rating in a research note on Monday, May 4th. Finally, Royal Bank Of Canada raised their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 14th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $20.25.

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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