Kettle Hill Capital Management LLC Sells 353,045 Shares of Healthcare Realty Trust Incorporated $HR

Kettle Hill Capital Management LLC lowered its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 29.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 827,749 shares of the real estate investment trust’s stock after selling 353,045 shares during the period. Healthcare Realty Trust makes up 3.4% of Kettle Hill Capital Management LLC’s investment portfolio, making the stock its 10th largest position. Kettle Hill Capital Management LLC’s holdings in Healthcare Realty Trust were worth $14,924,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Rush Island Management LP grew its holdings in shares of Healthcare Realty Trust by 13.8% during the second quarter. Rush Island Management LP now owns 14,260,152 shares of the real estate investment trust’s stock valued at $226,166,000 after buying an additional 1,728,491 shares during the last quarter. APG Asset Management US Inc. lifted its position in Healthcare Realty Trust by 2.0% during the 3rd quarter. APG Asset Management US Inc. now owns 12,086,673 shares of the real estate investment trust’s stock worth $222,032,000 after acquiring an additional 231,650 shares during the period. Invesco Ltd. grew its stake in Healthcare Realty Trust by 233.8% during the 3rd quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock valued at $138,845,000 after purchasing an additional 5,393,651 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in Healthcare Realty Trust by 15.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 6,859,453 shares of the real estate investment trust’s stock valued at $108,791,000 after purchasing an additional 893,938 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Healthcare Realty Trust by 11.2% in the second quarter. JPMorgan Chase & Co. now owns 6,794,815 shares of the real estate investment trust’s stock valued at $107,766,000 after purchasing an additional 683,211 shares during the period.

Healthcare Realty Trust Stock Down 1.4%

Shares of HR stock opened at $17.97 on Monday. Healthcare Realty Trust Incorporated has a 52-week low of $14.09 and a 52-week high of $18.97. The stock has a market cap of $6.27 billion, a PE ratio of -25.31 and a beta of 0.96. The business has a 50-day simple moving average of $17.57 and a 200-day simple moving average of $17.72.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Thursday, February 12th. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.36). The company had revenue of $282.69 million for the quarter, compared to analyst estimates of $284.37 million. Healthcare Realty Trust had a negative return on equity of 5.07% and a negative net margin of 20.84%.The firm’s revenue was down 7.6% on a year-over-year basis. During the same period last year, the business earned $0.40 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. Sell-side analysts anticipate that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, February 24th were given a dividend of $0.24 per share. The ex-dividend date was Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.3%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -135.21%.

Insider Transactions at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian acquired 10,000 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were acquired at an average cost of $18.09 per share, with a total value of $180,900.00. Following the completion of the acquisition, the director directly owned 85,520 shares in the company, valued at approximately $1,547,056.80. This trade represents a 13.24% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on HR shares. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Monday, December 29th. Cantor Fitzgerald increased their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Wall Street Zen raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Wells Fargo & Company lifted their price objective on shares of Healthcare Realty Trust from $18.00 to $19.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $18.88.

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.