New Mexico Educational Retirement Board Purchases New Position in Healthcare Realty Trust Incorporated $HR

New Mexico Educational Retirement Board acquired a new position in shares of Healthcare Realty Trust Incorporated (NYSE:HR) during the second quarter, HoldingsChannel reports. The institutional investor acquired 77,800 shares of the real estate investment trust’s stock, valued at approximately $1,569,000.

Several other institutional investors have also modified their holdings of the stock. Wiser Advisor Group LLC purchased a new position in shares of Healthcare Realty Trust in the 3rd quarter valued at $25,000. Eurizon Capital SGR S.p.A. purchased a new stake in Healthcare Realty Trust in the fourth quarter valued at $37,000. Main Street Group LTD acquired a new position in Healthcare Realty Trust in the first quarter valued at $42,000. Prosperity Bancshares Inc purchased a new position in shares of Healthcare Realty Trust during the fourth quarter worth about $42,000. Finally, Inspire Investing LLC purchased a new position in shares of Healthcare Realty Trust during the first quarter worth about $45,000.

Healthcare Realty Trust Stock Performance

NYSE HR opened at $18.99 on Monday. The firm has a market cap of $6.51 billion, a PE ratio of -73.04 and a beta of 0.97. Healthcare Realty Trust Incorporated has a one year low of $16.31 and a one year high of $22.04. The firm’s fifty day moving average is $20.34 and its two-hundred day moving average is $19.33.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.53). Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%.The business had revenue of $278.58 million for the quarter, compared to analyst estimates of $271.60 million. During the same quarter last year, the company posted $0.41 EPS. Healthcare Realty Trust’s quarterly revenue was down 5.3% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. Research analysts predict that Healthcare Realty Trust Incorporated will post 1.65 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Stockholders of record on Tuesday, August 11th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Tuesday, August 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -369.23%.

Insider Buying and Selling at Healthcare Realty Trust

In related news, CAO Amanda L. Callaway sold 25,767 shares of Healthcare Realty Trust stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total value of $524,873.79. Following the sale, the chief accounting officer directly owned 109,954 shares in the company, valued at $2,239,762.98. The trade was a 18.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.56% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Citigroup boosted their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Raymond James Financial initiated coverage on Healthcare Realty Trust in a research note on Tuesday, June 16th. They set an “outperform” rating and a $24.00 price target on the stock. Cantor Fitzgerald lifted their price target on Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Wells Fargo & Company boosted their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Finally, Weiss Ratings raised Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $22.00.

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.