William Blair Investment Management LLC Acquires 14,015 Shares of Healthcare Realty Trust Incorporated $HR

Key Points

• William Blair Investment Management LLC increased its stake in Healthcare Realty Trust by 0.6%, owning 2,278,809 shares valued at approximately $36.1 million after acquiring an additional 14,015 shares.
• Healthcare Realty Trust's stock experienced recent analyst upgrades and downgrades, with price targets ranging from $17.00 to $20.00, reflecting mixed sentiment from research firms.
• The company declared a quarterly dividend of $0.24 per share, with a current annualized yield of 5.2%, although it has a negative payout ratio of -83.48%.

William Blair Investment Management LLC raised its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR - Free Report) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,278,809 shares of the real estate investment trust's stock after purchasing an additional 14,015 shares during the quarter. William Blair Investment Management LLC owned 0.65% of Healthcare Realty Trust worth $36,142,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in HR. SG Americas Securities LLC bought a new stake in shares of Healthcare Realty Trust during the first quarter worth $618,000. Exchange Traded Concepts LLC bought a new stake in shares of Healthcare Realty Trust in the first quarter valued at about $810,000. Janney Montgomery Scott LLC bought a new stake in shares of Healthcare Realty Trust in the first quarter valued at about $195,000. State of Alaska Department of Revenue raised its holdings in shares of Healthcare Realty Trust by 1.6% in the first quarter. State of Alaska Department of Revenue now owns 214,075 shares of the real estate investment trust's stock valued at $3,616,000 after acquiring an additional 3,308 shares in the last quarter. Finally, Comprehensive Money Management Services LLC raised its holdings in shares of Healthcare Realty Trust by 4.7% in the first quarter. Comprehensive Money Management Services LLC now owns 17,918 shares of the real estate investment trust's stock valued at $303,000 after acquiring an additional 800 shares in the last quarter.

Insider Transactions at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of the business's stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $18.00, for a total transaction 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas N. Bohjalian purchased 10,000 shares of the company's stock in a transaction dated Wednesday, August 13th. The shares were acquired at an average price of $16.46 per share, for a total transaction of $164,600.00. Following the purchase, the director directly owned 75,520 shares of the company's stock, 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. 0.37% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HR. Scotiabank upgraded Healthcare Realty Trust from a "sector perform" rating to a "sector outperform" rating and lifted their price objective for the company from $18.00 to $20.00 in a report on Friday, September 5th. Raymond James Financial downgraded Healthcare Realty Trust from a "market perform" rating to an "underperform" rating in a report on Monday, September 15th. Royal Bank Of Canada began coverage on Healthcare Realty Trust in a report on Wednesday, October 8th. They issued a "sector perform" rating and a $19.00 price objective for the company. JPMorgan Chase & Co. decreased 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, BTIG Research restated a "buy" rating and issued a $20.00 price objective on shares of Healthcare Realty Trust in a report on Monday, September 29th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $18.50.

Healthcare Realty Trust Stock Performance

Shares of Healthcare Realty Trust stock opened at $18.60 on Friday. The company has a market capitalization of $6.54 billion, a PE ratio of -16.17 and a beta of 0.96. The company has a 50-day simple moving average of $17.63 and a two-hundred day simple moving average of $16.22. Healthcare Realty Trust Incorporated has a one year low of $14.09 and a one year high of $18.82.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last announced its earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.01. The business had revenue of $287.07 million during the quarter, compared to the consensus estimate of $290.83 million. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. During the same period in the previous year, the company posted $0.38 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, equities analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

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

Healthcare Realty Trust 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.

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