Healthcare Realty Trust (NYSE:HR) Director Thomas Bohjalian Buys 10,000 Shares

Healthcare Realty Trust Incorporated (NYSE:HR) Director Thomas Bohjalian bought 10,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average price of $18.09 per share, with a total value of $180,900.00. Following the purchase, the director directly owned 85,520 shares in the company, valued at $1,547,056.80. The trade was a 13.24% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock traded down $0.05 during trading hours on Friday, hitting $18.34. 1,537,187 shares of the stock traded hands, compared to its average volume of 3,783,536. The firm’s 50 day moving average price is $17.41 and its 200-day moving average price is $17.64. The stock has a market capitalization of $6.40 billion, a price-to-earnings ratio of -25.83 and a beta of 0.96. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $18.97.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.36). The firm had revenue of $282.69 million during the quarter, compared to analysts’ expectations 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 company’s revenue for the quarter was down 7.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.40 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. Research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Tuesday, February 24th will be issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Tuesday, February 24th. Healthcare Realty Trust’s dividend payout ratio is -135.21%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Citigroup increased their price target on Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. Wells Fargo & Company upped their target price on Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 29th. Cantor Fitzgerald boosted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Finally, Wall Street Zen upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $18.88.

Hedge Funds Weigh In On Healthcare Realty Trust

A number of large investors have recently bought and sold shares of the business. Wiser Advisor Group LLC acquired a new stake in Healthcare Realty Trust during the 3rd quarter worth $25,000. Smartleaf Asset Management LLC lifted its stake in shares of Healthcare Realty Trust by 179.7% in the third quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 1,033 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in Healthcare Realty Trust during the third quarter worth about $32,000. Eurizon Capital SGR S.p.A. acquired a new position in Healthcare Realty Trust during the fourth quarter worth about $37,000. Finally, Prosperity Bancshares Inc purchased a new stake in Healthcare Realty Trust during the 4th quarter valued at about $42,000.

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.