Thrivent Financial for Lutherans Purchases 380,379 Shares of Healthcare Realty Trust Incorporated $HR

Thrivent Financial for Lutherans raised its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 9.0% during the second quarter, HoldingsChannel reports. The firm owned 4,613,166 shares of the real estate investment trust’s stock after purchasing an additional 380,379 shares during the period. Thrivent Financial for Lutherans’ holdings in Healthcare Realty Trust were worth $73,164,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in HR. Invesco Ltd. increased its position in shares of Healthcare Realty Trust by 13.2% during the 1st quarter. Invesco Ltd. now owns 1,549,567 shares of the real estate investment trust’s stock valued at $26,188,000 after purchasing an additional 180,530 shares during the last quarter. Nuveen LLC bought a new position in Healthcare Realty Trust during the first quarter valued at approximately $21,221,000. HighTower Advisors LLC grew its position in Healthcare Realty Trust by 8.0% during the first quarter. HighTower Advisors LLC now owns 78,460 shares of the real estate investment trust’s stock valued at $1,326,000 after acquiring an additional 5,810 shares during the last quarter. Resona Asset Management Co. Ltd. raised its stake in shares of Healthcare Realty Trust by 8.8% during the first quarter. Resona Asset Management Co. Ltd. now owns 153,987 shares of the real estate investment trust’s stock worth $2,583,000 after acquiring an additional 12,394 shares in the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in shares of Healthcare Realty Trust in the 1st quarter worth approximately $370,000.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Scotiabank raised shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and increased their target price for the company from $18.00 to $20.00 in a report on Friday, September 5th. BTIG Research reaffirmed a “buy” rating and set a $20.00 price objective on shares of Healthcare Realty Trust in a research note on Monday, September 29th. Citigroup lifted their price objective on Healthcare Realty Trust from $17.00 to $19.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Monday, December 8th. Finally, Wall Street Zen upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $18.89.

Healthcare Realty Trust Trading Down 1.0%

Shares of NYSE:HR opened at $17.20 on Monday. The company has a 50-day moving average price of $17.98 and a 200-day moving average price of $16.99. The company has a market cap of $6.05 billion, a price-to-earnings ratio of -16.22 and a beta of 0.96. Healthcare Realty Trust Incorporated has a 12 month low of $14.09 and a 12 month high of $18.97.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. Healthcare Realty Trust had a negative return on equity of 7.32% and a negative net margin of 30.51%.The company had revenue of $297.77 million for the quarter, compared to the consensus estimate of $291.10 million. During the same quarter in the previous year, the business earned $0.39 EPS. Healthcare Realty Trust’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. As a group, research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Tuesday, November 11th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date was Monday, November 10th. Healthcare Realty Trust’s dividend payout ratio is currently -90.57%.

Healthcare Realty Trust Company 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.