Nomura Holdings Inc. Sells 67,106 Shares of Healthcare Realty Trust Incorporated $HR

Key Points

• Nomura Holdings Inc. has significantly decreased its stake in Healthcare Realty Trust by 78.5%, now holding only 18,405 shares following the sale of 67,106 shares during the first quarter.
• A variety of large institutional investors have adjusted their positions in Healthcare Realty Trust, including B. Metzler seel. Sohn & Co. AG, which increased its stake by 51.4% in the same period.
• Healthcare Realty Trust recently cut its quarterly dividend to $0.24 per share, resulting in an annualized yield of 5.3% and a negative dividend payout ratio of -83.48%.

Nomura Holdings Inc. lowered its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 78.5% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,405 shares of the real estate investment trust's stock after selling 67,106 shares during the period. Nomura Holdings Inc.'s holdings in Healthcare Realty Trust were worth $311,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of HR. Starboard Value LP acquired a new position in shares of Healthcare Realty Trust during the 4th quarter worth $342,110,000. Massachusetts Financial Services Co. MA acquired a new position in shares of Healthcare Realty Trust during the 1st quarter worth $100,817,000. Rush Island Management LP raised its holdings in shares of Healthcare Realty Trust by 21.2% during the 4th quarter. Rush Island Management LP now owns 15,681,440 shares of the real estate investment trust's stock worth $265,800,000 after buying an additional 2,747,848 shares in the last quarter. Centersquare Investment Management LLC acquired a new position in shares of Healthcare Realty Trust during the 1st quarter worth $30,834,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Healthcare Realty Trust during the 1st quarter worth $22,285,000.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, EVP Julie F. Wilson sold 15,000 shares of the company's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $18.00, for a total value of $270,000.00. Following the sale, the executive vice president owned 113,419 shares in the company, valued at approximately $2,041,542. The trade was a 11.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Thomas N. Bohjalian purchased 10,000 shares of Healthcare Realty Trust stock in a transaction on Wednesday, August 13th. The stock was bought at an average price of $16.46 per share, for a total transaction of $164,600.00. Following the transaction, the director directly owned 75,520 shares in the company, valued at approximately $1,243,059.20. The trade was a 15.26% increase in their position. The disclosure for this purchase can be found here. Insiders own 0.37% of the company's stock.

Healthcare Realty Trust Trading Down 0.1%

HR traded down $0.01 on Thursday, reaching $18.32. The stock had a trading volume of 3,432,695 shares, compared to its average volume of 3,629,444. Healthcare Realty Trust Incorporated has a fifty-two week low of $14.09 and a fifty-two week high of $18.90. The firm has a 50-day moving average of $16.69 and a 200-day moving average of $15.99. The company has a market capitalization of $6.44 billion, a price-to-earnings ratio of -15.93 and a beta of 0.94.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, beating 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 in the previous year, the company posted $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. Sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Thursday, August 14th. Healthcare Realty Trust's payout ratio is -83.48%.

Analysts Set New Price Targets

HR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lowered their price target 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. Scotiabank raised Healthcare Realty Trust from a "sector perform" rating to a "sector outperform" rating and boosted their price target for the stock from $18.00 to $20.00 in a report on Friday, September 5th. Wells Fargo & Company upped their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the stock an "underweight" rating in a report on Wednesday, August 27th. BTIG Research reaffirmed a "buy" rating and issued a $20.00 target price on shares of Healthcare Realty Trust in a report on Wednesday. Finally, Wall Street Zen cut Healthcare Realty Trust from a "hold" rating to a "sell" rating in a report on Saturday, May 31st. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $17.67.

About Healthcare Realty Trust

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.