Centersquare Investment Management LLC Purchases 1,645,208 Shares of Healthcare Realty Trust Incorporated $HR

Centersquare Investment Management LLC grew its position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 38.0% in the fourth quarter, Holdings Channel reports. The firm owned 5,970,456 shares of the real estate investment trust’s stock after purchasing an additional 1,645,208 shares during the period. Centersquare Investment Management LLC’s holdings in Healthcare Realty Trust were worth $101,199,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Aberdeen Group plc grew its position in shares of Healthcare Realty Trust by 26.2% during the 4th quarter. Aberdeen Group plc now owns 391,201 shares of the real estate investment trust’s stock valued at $6,631,000 after purchasing an additional 81,273 shares in the last quarter. Cinctive Capital Management LP grew its position in shares of Healthcare Realty Trust by 258.9% during the 3rd quarter. Cinctive Capital Management LP now owns 189,551 shares of the real estate investment trust’s stock valued at $3,418,000 after purchasing an additional 136,734 shares in the last quarter. Bayhunt Capital LLC purchased a new position in shares of Healthcare Realty Trust during the 4th quarter valued at $6,216,000. Capital Investment Advisors LLC grew its position in shares of Healthcare Realty Trust by 5.8% during the 4th quarter. Capital Investment Advisors LLC now owns 669,707 shares of the real estate investment trust’s stock valued at $11,352,000 after purchasing an additional 36,961 shares in the last quarter. Finally, Jupiter Asset Management Ltd. purchased a new position in shares of Healthcare Realty Trust during the 4th quarter valued at $31,810,000.

Healthcare Realty Trust Trading Up 0.3%

HR stock opened at $20.52 on Friday. The company’s 50 day moving average is $19.19 and its 200 day moving average is $18.08. The stock has a market cap of $7.11 billion, a price-to-earnings ratio of -35.39 and a beta of 0.98. Healthcare Realty Trust Incorporated has a 1-year low of $14.65 and a 1-year high of $20.90.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $275.28 million for the quarter, compared to analysts’ expectations of $283.01 million. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. Healthcare Realty Trust’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.39 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.61 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -165.52%.

Analysts Set New Price Targets

HR has been the subject of a number of recent analyst reports. Scotiabank boosted their price target on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Cantor Fitzgerald upped their price objective on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. UBS Group upped their price objective on shares of Healthcare Realty Trust from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Wells Fargo & Company upped their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Finally, Citigroup upped their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Healthcare Realty Trust has an average rating of “Hold” and an average target price of $20.50.

Healthcare Realty Trust 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.