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

Healthcare Realty Trust Incorporated (NYSE:HR) Director Thomas Bohjalian acquired 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were purchased at an average cost of $18.09 per share, with a total value of $180,900.00. Following the transaction, the director directly owned 85,520 shares of the company’s stock, valued at $1,547,056.80. This trade represents a 13.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Healthcare Realty Trust Trading Down 0.1%

HR stock traded down $0.01 during mid-day trading on Friday, hitting $18.38. The stock had a trading volume of 2,198,144 shares, compared to its average volume of 4,298,567. Healthcare Realty Trust Incorporated has a 52 week low of $14.09 and a 52 week high of $18.97. The firm has a market capitalization of $6.41 billion, a P/E ratio of -25.89 and a beta of 0.96. The firm has a fifty day simple moving average of $17.44 and a 200 day simple moving average of $17.66.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.36). The firm had revenue of $282.69 million for the quarter, compared to the consensus estimate 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 business’s revenue was down 7.6% on a year-over-year basis. During the same period last year, the company posted $0.40 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. As a group, equities analysts expect that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

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

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HR. PGGM Investments bought a new stake in Healthcare Realty Trust during the 4th quarter worth $113,389,000. Invesco Ltd. increased its holdings in Healthcare Realty Trust by 233.8% in the 3rd quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock worth $138,845,000 after purchasing an additional 5,393,651 shares in the last quarter. Norges Bank bought a new position in Healthcare Realty Trust in the second quarter valued at about $66,085,000. Jupiter Asset Management Ltd. acquired a new stake in shares of Healthcare Realty Trust during the fourth quarter valued at about $31,810,000. Finally, Russell Investments Group Ltd. boosted its stake in shares of Healthcare Realty Trust by 68.7% during the third quarter. Russell Investments Group Ltd. now owns 4,392,815 shares of the real estate investment trust’s stock valued at $79,201,000 after purchasing an additional 1,789,111 shares in the last quarter.

Healthcare Realty Trust Company Profile

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.