Handelsbanken Fonder AB Increases Stake in Healthcare Realty Trust Incorporated $HR

Handelsbanken Fonder AB increased its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 11.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 124,736 shares of the real estate investment trust’s stock after purchasing an additional 12,700 shares during the period. Handelsbanken Fonder AB’s holdings in Healthcare Realty Trust were worth $1,978,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. SVB Wealth LLC purchased a new position in shares of Healthcare Realty Trust in the first quarter worth $35,000. Anchor Investment Management LLC acquired a new position in shares of Healthcare Realty Trust in the 1st quarter valued at $38,000. Financial Gravity Companies Inc. purchased a new position in Healthcare Realty Trust in the 2nd quarter worth $45,000. Avalon Trust Co purchased a new position in Healthcare Realty Trust in the 1st quarter worth $53,000. Finally, MTM Investment Management LLC acquired a new stake in Healthcare Realty Trust during the 2nd quarter worth about $53,000.

Analyst Ratings Changes

A number of research analysts have recently weighed in on HR shares. BTIG Research reissued a “buy” rating and issued a $20.00 price objective on shares of Healthcare Realty Trust in a report on Monday, September 29th. Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Scotiabank raised shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and raised their price target for the stock from $18.00 to $20.00 in a research report on Friday, September 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Tuesday. Finally, Cantor Fitzgerald began coverage on shares of Healthcare Realty Trust in a research note on Wednesday, October 1st. They issued an “overweight” rating and a $23.00 price objective on the stock. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $18.89.

Healthcare Realty Trust Trading Up 1.4%

Healthcare Realty Trust stock opened at $18.30 on Thursday. The firm has a market cap of $6.43 billion, a PE ratio of -15.91 and a beta of 0.95. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.97. The stock’s 50 day simple moving average is $18.06 and its two-hundred day simple moving average is $16.72.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The firm had revenue of $297.77 million during the quarter, compared to analysts’ expectations of $291.10 million. During the same period in the previous year, the business posted $0.39 EPS. The business’s revenue was down 6.2% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. On average, equities research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Tuesday, November 11th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Monday, November 10th. Healthcare Realty Trust’s dividend payout ratio is presently -90.57%.

Insider Activity

In other news, EVP Julie F. Wilson sold 15,000 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $18.00, for a total transaction of $270,000.00. Following the sale, the executive vice president directly owned 113,419 shares in the company, valued at $2,041,542. This trade represents a 11.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.37% of the stock is currently owned by insiders.

Healthcare Realty Trust 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.