Resolution Capital Ltd Has $238.44 Million Holdings in Healthcare Realty Trust Incorporated $HR

Resolution Capital Ltd increased its position in Healthcare Realty Trust Incorporated (NYSE:HR) by 72.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,034,367 shares of the real estate investment trust’s stock after purchasing an additional 5,892,501 shares during the quarter. Healthcare Realty Trust makes up about 5.0% of Resolution Capital Ltd’s investment portfolio, making the stock its 8th largest holding. Resolution Capital Ltd’s holdings in Healthcare Realty Trust were worth $238,444,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. PGGM Investments bought a new stake in shares of Healthcare Realty Trust during the 4th quarter valued at $113,389,000. Invesco Ltd. lifted its position in Healthcare Realty Trust by 233.8% during the 3rd quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock valued at $138,845,000 after acquiring an additional 5,393,651 shares during the period. Norges Bank purchased a new position in Healthcare Realty Trust during the 4th quarter valued at about $62,154,000. Jupiter Asset Management Ltd. bought a new stake in Healthcare Realty Trust during the fourth quarter worth about $31,810,000. Finally, Rush Island Management LP boosted its stake in Healthcare Realty Trust by 13.8% during the second quarter. Rush Island Management LP now owns 14,260,152 shares of the real estate investment trust’s stock worth $226,166,000 after acquiring an additional 1,728,491 shares in the last quarter.

Wall Street Analysts Forecast Growth

HR has been the subject of a number of analyst reports. Cantor Fitzgerald raised their target price on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Citigroup boosted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. BTIG Research reaffirmed a “buy” rating and set a $22.00 price objective on shares of Healthcare Realty Trust in a research report on Friday, June 12th. Scotiabank lifted their price objective on Healthcare Realty Trust from $20.00 to $22.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, Wells Fargo & Company boosted their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust currently has a consensus rating of “Hold” and an average target price of $21.67.

Healthcare Realty Trust Stock Performance

NYSE:HR opened at $21.94 on Wednesday. The firm has a market cap of $7.60 billion, a P/E ratio of -37.83 and a beta of 0.98. Healthcare Realty Trust Incorporated has a fifty-two week low of $15.28 and a fifty-two week high of $22.04. The firm has a 50-day simple moving average of $20.49 and a two-hundred day simple moving average of $18.87.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The firm had revenue of $275.28 million for the quarter, compared to the consensus estimate of $283.01 million. During the same quarter in the prior year, the firm posted $0.39 earnings per share. The business’s revenue was down 7.7% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, equities research analysts predict that Healthcare Realty Trust Incorporated will post 1.63 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were given a $0.24 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.96 annualized dividend and a yield of 4.4%. Healthcare Realty Trust’s dividend payout ratio is -165.52%.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 25,767 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total transaction of $524,873.79. Following the sale, the chief accounting officer directly owned 109,954 shares in the company, valued at approximately $2,239,762.98. This trade represents a 18.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.56% of the company’s stock.

About Healthcare Realty Trust

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.