Hsbc Holdings PLC Boosts Stock Position in Healthcare Realty Trust Incorporated $HR

Hsbc Holdings PLC increased its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 21.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 536,891 shares of the real estate investment trust’s stock after buying an additional 95,904 shares during the period. Hsbc Holdings PLC’s holdings in Healthcare Realty Trust were worth $9,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in HR. Wiser Advisor Group LLC purchased a new stake in Healthcare Realty Trust in the 3rd quarter worth $25,000. Eurizon Capital SGR S.p.A. purchased a new position in Healthcare Realty Trust during the fourth quarter valued at $37,000. Prosperity Bancshares Inc purchased a new position in Healthcare Realty Trust during the fourth quarter valued at $42,000. Danske Bank A S acquired a new stake in shares of Healthcare Realty Trust in the third quarter valued at about $47,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Healthcare Realty Trust in the third quarter valued at about $55,000.

Insider Activity

In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 25,767 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total value of $524,873.79. Following the completion of the sale, the chief accounting officer directly owned 109,954 shares of the company’s stock, valued at $2,239,762.98. This trade represents a 18.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.56% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on HR shares. Raymond James Financial assumed coverage on shares of Healthcare Realty Trust in a research report on Tuesday, June 16th. They set an “outperform” rating and a $24.00 price target for the company. Scotiabank lifted their price objective on Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Cantor Fitzgerald boosted their price objective on Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. UBS Group increased their target price on Healthcare Realty Trust from $18.00 to $20.00 and gave the company a “buy” rating in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada raised their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “sector perform” rating in a research report on Thursday, May 14th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $21.62.

Healthcare Realty Trust Price Performance

Shares of Healthcare Realty Trust stock opened at $20.49 on Friday. The stock has a market cap of $7.10 billion, a P/E ratio of -35.32 and a beta of 0.98. The stock’s 50 day simple moving average is $19.79 and its 200-day simple moving average is $18.26. Healthcare Realty Trust Incorporated has a 1-year low of $15.28 and a 1-year high of $20.90.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly 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. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.The firm had revenue of $275.28 million during the quarter, compared to analysts’ expectations of $283.01 million. During the same quarter last year, the firm earned $0.39 earnings per share. The business’s revenue for the quarter was down 7.7% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, research analysts expect that Healthcare Realty Trust Incorporated will post 1.62 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

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

Healthcare Realty Trust 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.