Fifth Third Bancorp Has $5.02 Million Position in Healthcare Realty Trust Incorporated $HR

Fifth Third Bancorp boosted its stake in Healthcare Realty Trust Incorporated (NYSE:HR) by 1,293.6% during the 1st quarter, HoldingsChannel.com reports. The fund owned 295,660 shares of the real estate investment trust’s stock after acquiring an additional 274,445 shares during the period. Fifth Third Bancorp’s holdings in Healthcare Realty Trust were worth $5,023,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in HR. Dynamic Technology Lab Private Ltd bought a new position in Healthcare Realty Trust during the first quarter worth $205,000. Empowered Funds LLC purchased a new stake in shares of Healthcare Realty Trust during the 1st quarter valued at $202,000. Invesco Ltd. grew its position in shares of Healthcare Realty Trust by 48.9% during the 2nd quarter. Invesco Ltd. now owns 2,307,109 shares of the real estate investment trust’s stock valued at $36,591,000 after acquiring an additional 757,542 shares during the period. First Trust Advisors LP lifted its position in shares of Healthcare Realty Trust by 314.1% during the 2nd quarter. First Trust Advisors LP now owns 223,125 shares of the real estate investment trust’s stock valued at $3,539,000 after buying an additional 169,248 shares during the last quarter. Finally, Amundi boosted its position in Healthcare Realty Trust by 154.0% during the second quarter. Amundi now owns 519,816 shares of the real estate investment trust’s stock worth $8,343,000 after purchasing an additional 315,179 shares during the period.

Healthcare Realty Trust Stock Performance

HR stock opened at $21.30 on Friday. The business’s 50 day moving average price is $20.33 and its two-hundred day moving average price is $18.64. The company has a market capitalization of $7.38 billion, a price-to-earnings ratio of -36.73 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 $21.47.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $275.28 million for the quarter, compared to analysts’ expectations of $283.01 million. During the same quarter in the prior year, the company earned $0.39 earnings per share. The business’s revenue was down 7.7% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. Sell-side analysts forecast that Healthcare Realty Trust Incorporated will post 1.63 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 4.5%. The ex-dividend date was Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -165.52%.

Insiders Place Their Bets

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

Analyst Ratings Changes

A number of equities analysts have recently commented on HR shares. Wells Fargo & Company raised their price target 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. Weiss Ratings cut shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. BTIG Research reissued a “buy” rating and issued a $22.00 price target on shares of Healthcare Realty Trust in a report on Friday, June 12th. Citigroup raised their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Scotiabank increased their price objective on Healthcare Realty Trust from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $21.67.

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.