VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Stake in Healthcare Realty Trust Incorporated $HR

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 152,200 shares of the real estate investment trust’s stock, valued at approximately $3,070,000.

Other large investors also recently modified their holdings of the company. California State Teachers Retirement System increased its position in Healthcare Realty Trust by 1,849.0% during the 2nd quarter. California State Teachers Retirement System now owns 7,736,829 shares of the real estate investment trust’s stock worth $156,052,000 after buying an additional 7,339,856 shares during the period. PGGM Investments bought a new stake in shares of Healthcare Realty Trust in the fourth quarter valued at about $113,389,000. Resolution Capital Ltd grew its stake in shares of Healthcare Realty Trust by 72.4% in the first quarter. Resolution Capital Ltd now owns 14,034,367 shares of the real estate investment trust’s stock valued at $238,444,000 after acquiring an additional 5,892,501 shares in the last quarter. Invesco Ltd. increased its position in Healthcare Realty Trust by 233.8% during the third quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock worth $138,845,000 after acquiring an additional 5,393,651 shares during the period. Finally, Norges Bank bought a new position in Healthcare Realty Trust during the fourth quarter worth about $62,154,000.

Insider Activity

In other news, CAO Amanda L. Callaway sold 25,767 shares of the firm’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 value of $524,873.79. Following the transaction, the chief accounting officer owned 109,954 shares in the company, valued at $2,239,762.98. This trade represents a 18.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Robert Hull sold 21,000 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total value of $401,310.00. Following the transaction, 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 disclosure for this sale is available in the SEC filing. 0.56% of the stock is currently owned by company insiders.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock opened at $18.88 on Friday. The stock’s 50 day moving average is $20.11 and its 200 day moving average is $19.41. Healthcare Realty Trust Incorporated has a one year low of $16.31 and a one year high of $22.04. The firm has a market cap of $6.47 billion, a P/E ratio of -72.60 and a beta of 0.95.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results 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 business had revenue of $278.58 million for the quarter, compared to analyst estimates 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 business’s revenue was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.41 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. Equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.65 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company cut their price objective on shares of Healthcare Realty Trust from $21.00 to $20.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 1st. Cantor Fitzgerald upped their target price on Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Weiss Ratings raised Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Royal Bank Of Canada lifted their price target on Healthcare Realty Trust from $21.00 to $22.00 and gave the company a “sector perform” rating in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. boosted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $21.89.

Healthcare Realty Trust Profile

Healthcare Realty Trust Incorporated is a real estate investment trust focused on owning, developing, acquiring, leasing and managing outpatient healthcare properties. Its portfolio primarily includes medical office buildings and other facilities that support outpatient care, such as ambulatory care centers and healthcare campuses.

The company serves healthcare providers across the United States, with properties generally located near hospitals and in major and growing markets. Its customers include health systems, physician groups and other healthcare providers.