Pensionfund PDN Acquires 59,719 Shares of Healthcare Realty Trust Incorporated $HR

Key Points

• Pensionfund PDN acquired 59,719 shares of Healthcare Realty Trust, valued at approximately $1.06 million. Other institutional investors, including Resolution Capital and Centersquare Investment Management, also increased their positions.
• Healthcare Realty Trust shares recently traded at $17.39, near the lower end of their 52-week range. The company missed quarterly EPS estimates, while revenue declined 5.3% year over year.
• The REIT maintained its quarterly dividend at $0.24 per share, representing an annualized yield of about 5.5%. Analysts hold a consensus “Hold” rating with an average price target of $21.70.

Pensionfund PDN acquired a new position in Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 59,719 shares of the real estate investment trust's stock, valued at approximately $1,059,000.

Other large investors also recently made changes to their positions in the company. Cohen & Steers Inc. grew its holdings in Healthcare Realty Trust by 1.3% during the 4th quarter. Cohen & Steers Inc. now owns 56,305,460 shares of the real estate investment trust's stock worth $954,424,000 after acquiring an additional 744,729 shares during the last quarter. Resolution Capital Ltd lifted its position in shares of Healthcare Realty Trust by 72.4% during the first quarter. Resolution Capital Ltd now owns 14,034,367 shares of the real estate investment trust's stock worth $238,444,000 after purchasing an additional 5,892,501 shares in the last quarter. Centersquare Investment Management LLC grew its stake in shares of Healthcare Realty Trust by 38.0% during the fourth quarter. Centersquare Investment Management LLC now owns 5,970,456 shares of the real estate investment trust's stock valued at $101,199,000 after purchasing an additional 1,645,208 shares during the last quarter. Sei Investments Co. increased its holdings in shares of Healthcare Realty Trust by 20.0% in the first quarter. Sei Investments Co. now owns 3,942,866 shares of the real estate investment trust's stock valued at $66,989,000 after purchasing an additional 656,968 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Healthcare Realty Trust in the fourth quarter valued at approximately $62,154,000.

Healthcare Realty Trust Stock Down 0.4%

Shares of Healthcare Realty Trust stock traded down $0.08 during trading on Monday, reaching $17.39. 1,170,506 shares of the company were exchanged, compared to its average volume of 3,827,997. The firm has a market capitalization of $5.96 billion, a price-to-earnings ratio of -66.93 and a beta of 0.97. Healthcare Realty Trust Incorporated has a twelve month low of $16.31 and a twelve month high of $22.04. The business has a 50-day moving average price of $19.22 and a 200-day moving average price of $19.38.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by ($0.53). The firm had revenue of $278.58 million during the quarter, compared to analyst estimates of $271.60 million. Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The business's revenue was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.41 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. On average, equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.65 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Tuesday, August 11th. Healthcare Realty Trust's payout ratio is presently -369.23%.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, COO Robert Hull sold 21,000 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $19.11, for a total value of $401,310.00. Following the completion of the sale, the chief operating officer directly owned 276,338 shares in the company, valued at $5,280,819.18. This represents a 7.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.56% of the company's stock.

Analyst Ratings Changes

Several research firms have issued reports on HR. Raymond James Financial assumed coverage on Healthcare Realty Trust in a report on Tuesday, June 16th. They set an "outperform" rating and a $24.00 price objective on the stock. Wells Fargo & Company dropped their target price on Healthcare Realty Trust from $21.00 to $20.00 and set an "equal weight" rating for the company in a research report on Tuesday, September 1st. Jefferies Financial Group assumed coverage on Healthcare Realty Trust in a research note on Tuesday, September 15th. They set a "hold" rating and a $20.00 price target on the stock. Royal Bank Of Canada raised their price target on Healthcare Realty Trust from $21.00 to $22.00 and gave the company a "sector perform" rating in a report on Friday, August 7th. Finally, UBS Group lifted their price objective on Healthcare Realty Trust from $20.00 to $21.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 8th. Four equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $21.70.

About Healthcare Realty Trust

Healthcare Realty Trust Incorporated NYSE: HR is a real estate investment trust focused on owning, operating, and developing healthcare-related properties. The company primarily serves outpatient healthcare providers, including hospitals, health systems, physician groups, and other medical organizations.

Its portfolio is centered on outpatient facilities such as medical office buildings, ambulatory surgery centers, and other properties that support healthcare delivery outside traditional hospitals.

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