Healthcare Realty Trust Incorporated $HR Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 2.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,144,466 shares of the real estate investment trust’s stock after buying an additional 126,445 shares during the period. Thrivent Financial for Lutherans’ holdings in Healthcare Realty Trust were worth $87,198,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Wiser Advisor Group LLC purchased a new stake in Healthcare Realty Trust in the 3rd quarter worth approximately $25,000. Smartleaf Asset Management LLC boosted its position in Healthcare Realty Trust by 179.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,033 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Healthcare Realty Trust in the 3rd quarter worth approximately $32,000. Danske Bank A S purchased a new stake in Healthcare Realty Trust in the 3rd quarter worth approximately $47,000. Finally, Quent Capital LLC purchased a new stake in Healthcare Realty Trust in the 3rd quarter worth approximately $54,000.

Healthcare Realty Trust Price Performance

Shares of NYSE:HR opened at $20.27 on Friday. Healthcare Realty Trust Incorporated has a 1 year low of $14.09 and a 1 year high of $20.52. The firm has a market capitalization of $7.02 billion, a price-to-earnings ratio of -34.94 and a beta of 0.97. The business’s 50 day moving average price is $18.30 and its 200-day moving average price is $17.80.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) 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 firm had revenue of $275.28 million for the quarter, compared to analyst estimates of $283.01 million. During the same quarter last year, the firm posted $0.39 EPS. The business’s revenue 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. On average, sell-side analysts expect that Healthcare Realty Trust Incorporated will post 1.61 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 11th will be given a dividend of $0.24 per share. The ex-dividend date is Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.7%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -165.52%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on HR shares. Weiss Ratings lowered Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. UBS Group upped their price objective on Healthcare Realty Trust from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Wednesday. Citigroup upped their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Cantor Fitzgerald upped their price objective on Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Wall Street Zen upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of “Hold” and a consensus price target of $20.25.

Insider Activity

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 10,000 shares of the firm’s stock in a transaction dated Friday, March 6th. The shares were purchased at an average price of $18.09 per share, for a total transaction of $180,900.00. Following the transaction, the director directly owned 85,520 shares of the company’s stock, valued at approximately $1,547,056.80. This represents a 13.24% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.56% of the stock is owned by company 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.