PGGM Investments Acquires Shares of 6,689,638 Healthcare Realty Trust Incorporated $HR

PGGM Investments acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) during the fourth quarter, HoldingsChannel reports. The fund acquired 6,689,638 shares of the real estate investment trust’s stock, valued at approximately $113,389,000. Healthcare Realty Trust makes up approximately 1.8% of PGGM Investments’ investment portfolio, making the stock its 21st largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rush Island Management LP grew its holdings in Healthcare Realty Trust by 13.8% in the 2nd 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 in the last quarter. APG Asset Management US Inc. grew its holdings in Healthcare Realty Trust by 2.0% in the 3rd quarter. APG Asset Management US Inc. now owns 12,086,673 shares of the real estate investment trust’s stock valued at $222,032,000 after buying an additional 231,650 shares in the last quarter. Invesco Ltd. grew its holdings in Healthcare Realty Trust by 233.8% in 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 buying an additional 5,393,651 shares in the last quarter. Thrivent Financial for Lutherans grew its holdings in Healthcare Realty Trust by 2.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 5,144,466 shares of the real estate investment trust’s stock valued at $87,198,000 after buying an additional 126,445 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Healthcare Realty Trust by 3.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,013,488 shares of the real estate investment trust’s stock valued at $90,390,000 after buying an additional 147,198 shares in the last quarter.

Healthcare Realty Trust Trading Up 0.0%

Healthcare Realty Trust stock opened at $20.37 on Tuesday. The company has a market capitalization of $7.06 billion, a PE ratio of -35.11 and a beta of 0.97. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $20.60. The stock has a 50-day moving average price of $18.54 and a two-hundred day moving average price of $17.90.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $275.28 million during the quarter, compared to the consensus estimate of $283.01 million. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.The business’s quarterly revenue was down 7.7% on a year-over-year basis. During the same period last year, the company earned $0.39 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, analysts predict that Healthcare Realty Trust Incorporated will post 1.61 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were given a $0.24 dividend. The ex-dividend date was Monday, May 11th. This represents a $0.96 annualized dividend and a yield of 4.7%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -165.52%.

Analyst Ratings Changes

A number of brokerages have commented on HR. Citigroup upped their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Royal Bank Of Canada increased their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “sector perform” rating in a report on Thursday, May 14th. Cantor Fitzgerald increased their target price on Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Scotiabank upped their price objective on Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Finally, Wall Street Zen upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $20.25.

Insider Buying and Selling

In other news, Director Thomas N. Bohjalian bought 10,000 shares of the company’s stock in a transaction on Friday, March 6th. The stock was purchased at an average cost of $18.09 per share, for a total transaction of $180,900.00. Following the completion of the transaction, the director owned 85,520 shares of the company’s stock, valued at $1,547,056.80. This trade represents a 13.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.56% of the company’s stock.

About Healthcare Realty Trust

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.