Hsbc Holdings PLC Boosts Position in Healthcare Realty Trust Incorporated $HR

Hsbc Holdings PLC grew its stake in shares of Healthcare Realty Trust Incorporated (NYSE:HR) by 45.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 783,371 shares of the real estate investment trust’s stock after acquiring an additional 246,480 shares during the period. Hsbc Holdings PLC’s holdings in Healthcare Realty Trust were worth $13,318,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of HR. Wiser Advisor Group LLC bought a new position in shares of Healthcare Realty Trust in the third quarter valued at approximately $25,000. Eurizon Capital SGR S.p.A. purchased a new stake in Healthcare Realty Trust in the 4th quarter worth approximately $37,000. Prosperity Bancshares Inc purchased a new stake in Healthcare Realty Trust in the 4th quarter worth approximately $42,000. Inspire Investing LLC bought a new position in Healthcare Realty Trust in the 1st quarter valued at $45,000. Finally, Danske Bank A S bought a new position in Healthcare Realty Trust in the 3rd quarter valued at $47,000.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on HR shares. Wells Fargo & Company increased their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Weiss Ratings cut Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Cantor Fitzgerald raised their price target on Healthcare Realty Trust from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Scotiabank lifted their price target 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. Finally, UBS Group upped their price objective on shares of Healthcare Realty Trust from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $21.67.

Healthcare Realty Trust Stock Down 0.8%

HR opened at $21.30 on Thursday. The stock has a market cap of $7.38 billion, a PE ratio of -36.73 and a beta of 0.98. Healthcare Realty Trust Incorporated has a 52 week low of $15.28 and a 52 week high of $21.57. The business’s fifty day simple moving average is $20.40 and its 200 day simple moving average is $18.74.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.The business had revenue of $275.28 million for the quarter, compared to the consensus estimate of $283.01 million. During the same quarter last year, the business posted $0.39 earnings per share. The company’s revenue for the quarter 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. As a group, equities analysts anticipate that Healthcare Realty Trust Incorporated will post 1.63 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend 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 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 completion of the sale, the chief accounting officer owned 109,954 shares of the company’s stock, valued at $2,239,762.98. This represents a 18.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.56% of the stock is owned by insiders.

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.