Nordea Investment Management AB Decreases Stock Holdings in Healthcare Realty Trust Incorporated $HR

Nordea Investment Management AB lessened its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 21.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,989,491 shares of the real estate investment trust’s stock after selling 558,617 shares during the quarter. Nordea Investment Management AB’s holdings in Healthcare Realty Trust were worth $33,821,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HR. Wiser Advisor Group LLC purchased a new stake in shares of Healthcare Realty Trust during the third quarter worth about $25,000. Smartleaf Asset Management LLC increased its stake in Healthcare Realty Trust by 179.7% during the 3rd 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 shares of Healthcare Realty Trust during the third quarter valued at approximately $32,000. Danske Bank A S purchased a new position in shares of Healthcare Realty Trust in the third quarter valued at approximately $47,000. Finally, Quent Capital LLC acquired a new stake in shares of Healthcare Realty Trust in the third quarter worth approximately $54,000.

Analyst Ratings Changes

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

Healthcare Realty Trust Trading Up 1.9%

NYSE HR opened at $17.55 on Tuesday. The stock has a fifty day simple moving average of $17.65 and a 200-day simple moving average of $17.73. The stock has a market cap of $6.12 billion, a PE ratio of -24.72 and a beta of 0.96. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.97.

Healthcare Realty Trust (NYSE:HR) last issued 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). Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. The company had revenue of $282.69 million during the quarter, compared to analysts’ expectations of $284.37 million. During the same quarter last year, the firm posted $0.40 earnings per share. The firm’s quarterly revenue was down 7.6% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. Research analysts predict that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, February 24th were paid a $0.24 dividend. 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 Tuesday, February 24th. Healthcare Realty Trust’s payout ratio is -135.21%.

Insider Activity

In related news, Director Thomas N. Bohjalian acquired 10,000 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were purchased at an average cost of $18.09 per share, for a total transaction of $180,900.00. Following the acquisition, the director owned 85,520 shares in the company, valued at $1,547,056.80. The trade was a 13.24% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.37% 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.