Healthcare Realty Trust (NYSE:HR) COO Sells $401,310.00 in Stock

Key Points

• COO Robert Hull sold 21,000 Healthcare Realty Trust shares at an average price of $19.11, generating $401,310 and reducing his direct ownership by 7.06%.
• Healthcare Realty shares traded at $18.79, below their 50-day moving average of $20.18. The company recently reported a quarterly EPS loss of $0.13, missing estimates, while revenue declined 5.3% year over year.
• The REIT pays a quarterly dividend of $0.24 per share, or $0.96 annually, representing a 5.1% yield. Analysts maintain a consensus “Hold” rating with an average price target of $21.89.

Healthcare Realty Trust Incorporated (NYSE:HR - Get Free Report) COO Robert Hull sold 21,000 shares of the firm's stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total value of $401,310.00. Following the transaction, the chief operating officer directly owned 276,338 shares in the company, valued at $5,280,819.18. This trade represents a 7.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Healthcare Realty Trust Price Performance

Shares of NYSE HR traded down $0.28 during midday trading on Wednesday, reaching $18.79. 643,125 shares of the company traded hands, compared to its average volume of 3,776,492. The company has a market cap of $6.44 billion, a price-to-earnings ratio of -72.17 and a beta of 0.95. The stock has a 50-day moving average price of $20.18 and a 200 day moving average price of $19.40. Healthcare Realty Trust Incorporated has a 52 week low of $16.31 and a 52 week high of $22.04.

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

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.96 annualized dividend and a yield of 5.1%. Healthcare Realty Trust's payout ratio is presently -369.23%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Continuum Advisory LLC acquired a new stake in shares of Healthcare Realty Trust during the second quarter valued at approximately $26,000. Wiser Advisor Group LLC acquired a new position in Healthcare Realty Trust in the 3rd quarter worth approximately $25,000. IFP Advisors Inc boosted its stake in Healthcare Realty Trust by 310.4% in the 2nd quarter. IFP Advisors Inc now owns 1,773 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 1,341 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in Healthcare Realty Trust during the 4th quarter worth approximately $37,000. Finally, Versant Capital Management Inc grew its position in Healthcare Realty Trust by 48.2% during the 2nd quarter. Versant Capital Management Inc now owns 2,274 shares of the real estate investment trust's stock worth $46,000 after purchasing an additional 740 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HR. Cantor Fitzgerald lifted their price target on Healthcare Realty Trust from $22.00 to $24.00 and gave the company an "overweight" rating in a research report on Friday, July 31st. UBS Group raised their target price on Healthcare Realty Trust from $20.00 to $21.00 and gave the company a "neutral" rating in a research note on Wednesday, July 8th. Weiss Ratings raised Healthcare Realty Trust from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, July 30th. BTIG Research reiterated a "buy" rating and issued a $22.00 price target on shares of Healthcare Realty Trust in a research report on Friday, June 12th. Finally, Wells Fargo & Company cut their price target on shares of Healthcare Realty Trust from $21.00 to $20.00 and set an "equal weight" rating for the company in a report on Tuesday, September 1st. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $21.89.

Healthcare Realty Trust Company Profile

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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