1 week Ago By ABMN Staff
Candriam S.C.A.
bought a new position in Healthcare Realty Trust Incorporated ( NYSE:HR – Free Report ) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 540,764 shares of the real estate investment trust’s stock, valued at approximately $8,911,000. Candriam S.
C.A. owned approximately 0.
14% of Healthcare Realty Trust as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HR. Muzinich & Co.
Inc. increased its stake in shares of Healthcare Realty Trust by 98.1% in the fourth quarter.
Muzinich & Co. Inc. now owns 2,179 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 1,079 shares in the last quarter.
Allspring Global Investments Holdings LLC lifted its position in Healthcare Realty Trust by 38.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,276 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 628 shares during the last quarter.
Quarry LP bought a new position in Healthcare Realty Trust during the fourth quarter valued at $39,000. Principal Securities Inc. bought a new position in Healthcare Realty Trust during the fourth quarter valued at $45,000.
Finally, Creekmur Asset Management LLC bought a new position in Healthcare Realty Trust during the fourth quarter valued at $85,000. Wall Street Analysts Forecast Growth HR has been the subject of several analyst reports. Wedbush raised their target price on shares of Healthcare Realty Trust from $15.
00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th. Scotiabank raised their target price on shares of Healthcare Realty Trust from $17.
00 to $18.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 7th. Finally, Wells Fargo & Company lowered shares of Healthcare Realty Trust from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $17.
00 to $16.00 in a report on Tuesday, July 30th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock.
According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $17.00.
Insider Transactions at Healthcare Realty Trust In related news, Director John Knox Singleton bought 6,500 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The stock was purchased at an average price of $18.24 per share, for a total transaction of $118,560.
00. Following the acquisition, the director now owns 57,082 shares of the company’s stock, valued at $1,041,175.68.
The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . In other Healthcare Realty Trust news, Director John Knox Singleton purchased 6,500 shares of the firm’s stock in a transaction on Thursday, September 5th. The stock was bought at an average price of $18.
24 per share, with a total value of $118,560.00. Following the transaction, the director now directly owns 57,082 shares of the company’s stock, valued at approximately $1,041,175.
68. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . Also, Director Thomas N.
Bohjalian acquired 9,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were purchased at an average cost of $17.39 per share, with a total value of $156,510.
00. Following the completion of the transaction, the director now owns 22,252 shares in the company, valued at approximately $386,962.28.
The disclosure for this purchase can be found here . Insiders bought 15,728 shares of company stock worth $279,069 in the last 90 days. Insiders own 0.
56% of the company’s stock. Healthcare Realty Trust Stock Performance Shares of HR stock opened at $17.95 on Monday.
The firm has a market capitalization of $6.79 billion, a price-to-earnings ratio of -13.50 and a beta of 0.
91. The stock’s 50-day simple moving average is $17.55 and its 200-day simple moving average is $15.
77. Healthcare Realty Trust Incorporated has a fifty-two week low of $12.77 and a fifty-two week high of $18.
47. Healthcare Realty Trust ( NYSE:HR – Get Free Report ) last posted its quarterly earnings results on Friday, August 2nd. The real estate investment trust reported ($0.
39) EPS for the quarter, missing the consensus estimate of $0.38 by ($0.77).
Healthcare Realty Trust had a negative net margin of 42.79% and a negative return on equity of 8.50%.
The business had revenue of $316.30 million during the quarter, compared to analysts’ expectations of $317.90 million.
During the same period in the previous year, the company posted $0.39 earnings per share. Healthcare Realty Trust’s revenue for the quarter was down 6.
4% compared to the same quarter last year. As a group, equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.56 earnings per share for the current year.
Healthcare Realty Trust Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were issued a $0.31 dividend.
The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.24 dividend on an annualized basis and a yield of 6.
91%. Healthcare Realty Trust’s payout ratio is -93.23%.
Healthcare Realty Trust Profile ( Free Report ) Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.
Recommended Stories Want to see what other hedge funds are holding HR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Realty Trust Incorporated ( NYSE:HR – Free Report ). Receive News & Ratings for Healthcare Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust and related companies with MarketBeat.
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