Louisiana State Employees Retirement System Invests $1.72 Million in Healthcare Realty Trust Incorporated $HR

Louisiana State Employees Retirement System purchased a new stake in Healthcare Realty Trust Incorporated (NYSE:HR) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 101,100 shares of the real estate investment trust’s stock, valued at approximately $1,718,000.

Several other institutional investors have also recently bought and sold shares of HR. PGGM Investments acquired a new position in Healthcare Realty Trust during the 4th quarter worth $113,389,000. Invesco Ltd. increased its stake in shares of Healthcare Realty Trust by 233.8% in 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 buying an additional 5,393,651 shares during the period. Norges Bank acquired a new position in shares of Healthcare Realty Trust during the fourth quarter valued at $62,154,000. Jupiter Asset Management Ltd. acquired a new stake in Healthcare Realty Trust in the fourth quarter worth about $31,810,000. Finally, Russell Investments Group Ltd. raised its holdings in Healthcare Realty Trust by 68.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 4,392,815 shares of the real estate investment trust’s stock worth $79,201,000 after purchasing an additional 1,789,111 shares during the last quarter.

Insider Buying and Selling

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 shares were 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 approximately $2,239,762.98. This trade represents a 18.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Cantor Fitzgerald upped 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 report on Monday, May 4th. Scotiabank boosted their price target on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Royal Bank Of Canada increased their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “sector perform” rating in a report on Thursday, May 14th. Raymond James Financial initiated coverage on shares of Healthcare Realty Trust in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $24.00 price objective on the stock. Finally, Citigroup lifted their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Healthcare Realty Trust presently has an average rating of “Hold” and a consensus target price of $21.62.

Healthcare Realty Trust Trading Up 0.6%

Shares of HR opened at $20.30 on Thursday. The stock has a market cap of $7.03 billion, a P/E ratio of -34.99 and a beta of 0.98. Healthcare Realty Trust Incorporated has a 1 year low of $15.28 and a 1 year high of $20.90. The stock’s 50-day moving average price is $19.91 and its two-hundred day moving average price is $18.33.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $275.28 million during the quarter, compared to analysts’ expectations of $283.01 million. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.Healthcare Realty Trust’s revenue was down 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.62 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio is presently -165.52%.

Healthcare Realty Trust Company 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.