Sei Investments Co. Grows Stock Position in Healthcare Realty Trust Incorporated $HR

Sei Investments Co. grew its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 20.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 3,942,866 shares of the real estate investment trust’s stock after purchasing an additional 656,968 shares during the period. Sei Investments Co.’s holdings in Healthcare Realty Trust were worth $66,989,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Wiser Advisor Group LLC purchased a new stake in shares of Healthcare Realty Trust in the third quarter worth about $25,000. Eurizon Capital SGR S.p.A. purchased a new position in Healthcare Realty Trust during the fourth quarter valued at approximately $37,000. Main Street Group LTD purchased a new position in Healthcare Realty Trust during the first quarter valued at approximately $42,000. Prosperity Bancshares Inc purchased a new position in Healthcare Realty Trust during the fourth quarter valued at approximately $42,000. Finally, Inspire Investing LLC acquired a new position in Healthcare Realty Trust in the first quarter valued at approximately $45,000.

Insider Activity at Healthcare Realty Trust

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on HR shares. 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. Citigroup lifted their target price on shares of 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 lifted their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “sector perform” rating in a report on Thursday, May 14th. UBS Group boosted their target price on shares of Healthcare Realty Trust from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Finally, Wells Fargo & Company increased their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Healthcare Realty Trust presently has an average rating of “Hold” and an average price target of $21.67.

Healthcare Realty Trust Stock Up 1.4%

Shares of Healthcare Realty Trust stock opened at $21.44 on Friday. Healthcare Realty Trust Incorporated has a twelve month low of $15.28 and a twelve month high of $21.57. The business has a 50-day moving average price of $20.43 and a 200 day moving average price of $18.79. The firm has a market cap of $7.43 billion, a PE ratio of -36.96 and a beta of 0.98.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $275.28 million during the quarter, compared to analysts’ expectations of $283.01 million. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.Healthcare Realty Trust’s quarterly revenue was down 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.39 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.63 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.5%. Healthcare Realty Trust’s payout ratio is -165.52%.

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.