Healthcare Realty Trust (NYSE:HR) COO Robert Hull Sells 21,000 Shares

Healthcare Realty Trust Incorporated (NYSE:HR) COO Robert Hull sold 21,000 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $19.11, for a total transaction of $401,310.00. Following the sale, the chief operating officer owned 276,338 shares in the company, valued at approximately $5,280,819.18. This trade represents a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Healthcare Realty Trust Stock Down 0.6%

NYSE:HR opened at $18.95 on Thursday. The company has a fifty day simple moving average of $20.15 and a two-hundred day simple moving average of $19.40. The company has a market cap of $6.49 billion, a price-to-earnings ratio of -72.87 and a beta of 0.95. Healthcare Realty Trust Incorporated has a 52 week low of $16.31 and a 52 week high of $22.04.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.53). The company had revenue of $278.58 million for the quarter, compared to analysts’ expectations of $271.60 million. Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%.The firm’s revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. On average, analysts expect that Healthcare Realty Trust Incorporated will post 1.65 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Tuesday, August 11th. Healthcare Realty Trust’s payout ratio is presently -369.23%.

Hedge Funds Weigh In On Healthcare Realty Trust

Several large investors have recently bought and sold shares of HR. Continuum Advisory LLC acquired a new stake in Healthcare Realty Trust in the second quarter valued at $26,000. Wiser Advisor Group LLC acquired a new position in shares of Healthcare Realty Trust during the 3rd quarter worth about $25,000. IFP Advisors Inc boosted its position in shares of Healthcare Realty Trust by 310.4% during the 2nd quarter. IFP Advisors Inc now owns 1,773 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 1,341 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in shares of Healthcare Realty Trust in the 4th quarter valued at about $37,000. Finally, Versant Capital Management Inc increased its holdings in shares of Healthcare Realty Trust by 48.2% in the 2nd quarter. Versant Capital Management Inc now owns 2,274 shares of the real estate investment trust’s stock valued at $46,000 after acquiring an additional 740 shares during the last quarter.

Wall Street Analysts Forecast Growth

HR has been the topic of a number of analyst reports. Royal Bank Of Canada increased their price target on Healthcare Realty Trust from $21.00 to $22.00 and gave the company a “sector perform” rating in a research report on Friday, August 7th. BTIG Research reissued a “buy” rating and set a $22.00 price objective on shares of Healthcare Realty Trust in a research report on Friday, June 12th. Wells Fargo & Company cut their target price on shares of Healthcare Realty Trust from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 1st. UBS Group raised their target price on shares of Healthcare Realty Trust from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. Finally, Raymond James Financial assumed coverage on shares of Healthcare Realty Trust in a report on Tuesday, June 16th. They issued an “outperform” rating and a $24.00 target price on the stock. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $21.89.

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.