DoubleLine ETF Adviser LP Has $347,000 Stake in Healthcare Realty Trust Incorporated $HR

DoubleLine ETF Adviser LP trimmed its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 21.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,523 shares of the real estate investment trust’s stock after selling 5,513 shares during the period. DoubleLine ETF Adviser LP’s holdings in Healthcare Realty Trust were worth $347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Crossmark Global Holdings Inc. acquired a new position in Healthcare Realty Trust in the first quarter valued at about $228,000. Golden State Wealth Management LLC bought a new position in Healthcare Realty Trust in the 1st quarter valued at about $26,000. Oppenheimer Asset Management Inc. increased its holdings in Healthcare Realty Trust by 31.4% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 60,301 shares of the real estate investment trust’s stock valued at $1,019,000 after buying an additional 14,400 shares during the period. Sequoia Financial Advisors LLC raised its position in shares of Healthcare Realty Trust by 8.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 14,803 shares of the real estate investment trust’s stock valued at $250,000 after buying an additional 1,171 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Healthcare Realty Trust during the 1st quarter worth approximately $618,000.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian bought 10,000 shares of the company’s stock in a transaction on Wednesday, August 13th. The shares were purchased at an average price of $16.46 per share, with a total value of $164,600.00. Following the transaction, the director directly owned 75,520 shares in the company, valued at $1,243,059.20. This represents a 15.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.37% of the company’s stock.

Healthcare Realty Trust Stock Up 0.3%

Shares of NYSE HR opened at $17.50 on Friday. The firm has a market cap of $6.15 billion, a PE ratio of -15.21 and a beta of 0.94. The company’s fifty day simple moving average is $16.45 and its 200 day simple moving average is $15.94. Healthcare Realty Trust Incorporated has a 12-month low of $14.09 and a 12-month high of $18.90.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%.The business had revenue of $287.07 million for the quarter, compared to the consensus estimate of $290.83 million. During the same period in the prior year, the business earned $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, equities analysts predict that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Thursday, August 14th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend was Thursday, August 14th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -83.48%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Wall Street Zen lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 31st. Wells Fargo & Company lifted their price target on shares of Healthcare Realty Trust from $15.00 to $16.00 and gave the company an “underweight” rating in a report on Wednesday, August 27th. Scotiabank boosted their target price on shares of Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 28th. Finally, JPMorgan Chase & Co. lowered their target price on Healthcare Realty Trust from $18.00 to $17.00 and set a “neutral” rating for the company in a report on Thursday, June 26th. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Healthcare Realty Trust presently has an average rating of “Reduce” and an average price target of $16.80.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.