Oak Thistle LLC Sells 50,347 Shares of Healthcare Realty Trust Incorporated $HR

Oak Thistle LLC lessened its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 45.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,139 shares of the real estate investment trust’s stock after selling 50,347 shares during the quarter. Oak Thistle LLC’s holdings in Healthcare Realty Trust were worth $1,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of HR. CWM LLC raised its holdings in Healthcare Realty Trust by 4.1% in the 2nd quarter. CWM LLC now owns 21,991 shares of the real estate investment trust’s stock worth $349,000 after purchasing an additional 868 shares during the period. State Board of Administration of Florida Retirement System raised its stake in shares of Healthcare Realty Trust by 0.4% in the second quarter. State Board of Administration of Florida Retirement System now owns 273,831 shares of the real estate investment trust’s stock worth $4,343,000 after buying an additional 1,090 shares during the period. Hodges Capital Management Inc. lifted its position in shares of Healthcare Realty Trust by 3.1% during the 1st quarter. Hodges Capital Management Inc. now owns 37,365 shares of the real estate investment trust’s stock valued at $631,000 after buying an additional 1,130 shares in the last quarter. Voya Investment Management LLC grew its stake in shares of Healthcare Realty Trust by 2.8% during the 1st quarter. Voya Investment Management LLC now owns 44,136 shares of the real estate investment trust’s stock valued at $746,000 after acquiring an additional 1,194 shares during the period. Finally, Nissay Asset Management Corp Japan ADV increased its holdings in Healthcare Realty Trust by 2.4% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 52,368 shares of the real estate investment trust’s stock worth $885,000 after acquiring an additional 1,251 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on HR shares. Cantor Fitzgerald started coverage on shares of Healthcare Realty Trust in a report on Wednesday, October 1st. They set an “overweight” rating and a $23.00 price target on the stock. Citigroup lifted their target price on shares of Healthcare Realty Trust from $17.00 to $19.00 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. Scotiabank upgraded Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and increased their price target for the stock from $18.00 to $20.00 in a research note on Friday, September 5th. Wells Fargo & Company raised their price target on Healthcare Realty Trust from $18.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Healthcare Realty Trust in a research note on Monday, September 29th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $18.89.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR opened at $17.08 on Friday. The company has a market cap of $6.01 billion, a P/E ratio of -16.11 and a beta of 0.96. Healthcare Realty Trust Incorporated has a 52-week low of $14.09 and a 52-week high of $18.97. The firm’s fifty day moving average is $17.93 and its two-hundred day moving average is $17.03.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. Healthcare Realty Trust had a negative return on equity of 7.32% and a negative net margin of 30.51%.The firm had revenue of $297.77 million during the quarter, compared to analyst estimates of $291.10 million. During the same quarter last year, the business posted $0.39 earnings per share. The business’s quarterly revenue was down 6.2% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. As a group, analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Tuesday, November 11th were paid a $0.24 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $0.96 dividend on an annualized basis and a yield of 5.6%. Healthcare Realty Trust’s payout ratio is presently -90.57%.

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.