Amundi lessened its holdings in shares of Healthcare Realty Trust Incorporated (NYSE:HR – Free Report) by 34.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 204,637 shares of the real estate investment trust’s stock after selling 106,634 shares during the period. Amundi’s holdings in Healthcare Realty Trust were worth $3,409,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of HR. Golden State Wealth Management LLC bought a new stake in shares of Healthcare Realty Trust during the 1st quarter valued at about $26,000. SVB Wealth LLC bought a new position in shares of Healthcare Realty Trust during the first quarter worth about $35,000. Lazard Asset Management LLC bought a new position in shares of Healthcare Realty Trust during the fourth quarter worth about $45,000. Financial Gravity Asset Management Inc. bought a new position in shares of Healthcare Realty Trust during the first quarter worth about $48,000. Finally, UMB Bank n.a. grew its position in shares of Healthcare Realty Trust by 73.3% during the first quarter. UMB Bank n.a. now owns 3,024 shares of the real estate investment trust’s stock worth $51,000 after acquiring an additional 1,279 shares during the last quarter.
Insider Activity
In other news, EVP Julie F. Wilson sold 15,000 shares of the firm’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $18.00, for a total transaction of $270,000.00. Following the completion of the transaction, the executive vice president owned 113,419 shares in the company, valued at approximately $2,041,542. This trade represents a 11.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Thomas N. Bohjalian acquired 10,000 shares of Healthcare Realty Trust stock in a transaction dated Wednesday, August 13th. The shares were acquired at an average price of $16.46 per share, with a total value of $164,600.00. Following the transaction, the director owned 75,520 shares in the company, valued at approximately $1,243,059.20. This represents a 15.26% increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.37% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Analysis on HR
Healthcare Realty Trust Trading Down 0.1%
NYSE:HR opened at $18.32 on Friday. Healthcare Realty Trust Incorporated has a twelve month low of $14.09 and a twelve month high of $18.90. The company has a 50-day moving average of $16.69 and a 200-day moving average of $15.99. The firm has a market cap of $6.44 billion, a price-to-earnings ratio of -15.93 and a beta of 0.94.
Healthcare Realty Trust (NYSE:HR – Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The real estate investment trust reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The company had revenue of $287.07 million during the quarter, compared to analyst estimates of $290.83 million. During the same quarter last year, the firm posted $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, research analysts forecast that Healthcare Realty Trust Incorporated will post 1.59 earnings per share for the current year.
Healthcare Realty Trust Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were given a dividend of $0.24 per share. The ex-dividend date was Thursday, August 14th. This represents a $0.96 annualized dividend and a dividend yield of 5.2%. Healthcare Realty Trust’s dividend payout ratio (DPR) is -83.48%.
Healthcare Realty Trust Company Profile
Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.
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