Intrua Financial LLC Cuts Position in Healthcare Realty Trust Incorporated $HR

Intrua Financial LLC lessened its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 5.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 13,355 shares of the real estate investment trust’s stock after selling 735 shares during the quarter. Intrua Financial LLC’s holdings in Healthcare Realty Trust were worth $226,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Starboard Value LP purchased a new position in shares of Healthcare Realty Trust in the 4th quarter worth approximately $342,110,000. Massachusetts Financial Services Co. MA purchased a new position in Healthcare Realty Trust in the first quarter valued at approximately $100,817,000. Charles Schwab Investment Management Inc. lifted its stake in Healthcare Realty Trust by 2.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 5,470,199 shares of the real estate investment trust’s stock valued at $92,446,000 after purchasing an additional 139,019 shares during the last quarter. Northern Trust Corp lifted its stake in Healthcare Realty Trust by 1.0% in the first quarter. Northern Trust Corp now owns 4,080,435 shares of the real estate investment trust’s stock valued at $68,959,000 after purchasing an additional 39,466 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in Healthcare Realty Trust by 2.5% in the first quarter. Russell Investments Group Ltd. now owns 2,841,636 shares of the real estate investment trust’s stock valued at $48,023,000 after purchasing an additional 69,114 shares during the last quarter.

Wall Street Analysts Forecast Growth

HR has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped their price objective on Healthcare Realty Trust from $18.00 to $17.00 and set a “neutral” rating on the stock in a research note on Thursday, June 26th. BTIG Research reiterated a “buy” rating and issued a $20.00 price objective on shares of Healthcare Realty Trust in a research note on Wednesday. Wall Street Zen downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 31st. Wells Fargo & Company upped their price objective on Healthcare Realty Trust from $15.00 to $16.00 and gave the company an “underweight” rating in a research note on Wednesday, August 27th. Finally, Scotiabank upgraded Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $18.00 to $20.00 in a research note on Friday, September 5th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $17.67.

Insider Buying and Selling at Healthcare Realty Trust

In other news, EVP Julie F. Wilson sold 15,000 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $18.00, for a total value of $270,000.00. Following the transaction, the executive vice president owned 113,419 shares of the company’s stock, valued at approximately $2,041,542. This represents a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Thomas N. Bohjalian purchased 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average cost of $16.46 per share, for a total transaction of $164,600.00. Following the acquisition, the director owned 75,520 shares of the company’s stock, valued at approximately $1,243,059.20. This trade represents a 15.26% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.37% of the company’s stock.

Healthcare Realty Trust Price Performance

Shares of HR stock opened at $18.36 on Friday. The company’s fifty day simple moving average is $16.74 and its two-hundred day simple moving average is $16.00. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $18.90. The stock has a market capitalization of $6.45 billion, a price-to-earnings ratio of -15.96 and a beta of 0.94.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The business had revenue of $287.07 million for the quarter, compared to analysts’ expectations of $290.83 million. During the same quarter in the previous year, the firm posted $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. Equities research analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were issued a $0.24 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $0.96 annualized dividend and a dividend yield of 5.2%. Healthcare Realty Trust’s dividend 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.