Checchi Capital Advisers LLC Has $293,000 Stock Position in Healthcare Realty Trust Incorporated (NYSE:HR)

Checchi Capital Advisers LLC raised its holdings in Healthcare Realty Trust Incorporated (NYSE:HR) by 9.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 15,511 shares of the real estate investment trust’s stock after acquiring an additional 1,368 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Healthcare Realty Trust were worth $293,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC increased its position in Healthcare Realty Trust by 11.2% in the 1st quarter. CWM LLC now owns 14,864 shares of the real estate investment trust’s stock valued at $287,000 after acquiring an additional 1,496 shares during the period. Dimensional Fund Advisors LP increased its position in shares of Healthcare Realty Trust by 2.1% during the first quarter. Dimensional Fund Advisors LP now owns 5,350,051 shares of the real estate investment trust’s stock worth $103,412,000 after buying an additional 109,686 shares during the period. Sigma Planning Corp increased its position in shares of Healthcare Realty Trust by 8.4% during the first quarter. Sigma Planning Corp now owns 16,818 shares of the real estate investment trust’s stock worth $325,000 after buying an additional 1,297 shares during the period. Skandinaviska Enskilda Banken AB publ increased its position in shares of Healthcare Realty Trust by 10.5% during the first quarter. Skandinaviska Enskilda Banken AB publ now owns 75,198 shares of the real estate investment trust’s stock worth $1,454,000 after buying an additional 7,139 shares during the period. Finally, Pacer Advisors Inc. acquired a new stake in shares of Healthcare Realty Trust during the second quarter worth $1,497,000.

Healthcare Realty Trust Trading Down 1.0 %

Healthcare Realty Trust stock opened at $14.25 on Friday. Healthcare Realty Trust Incorporated has a 1-year low of $13.86 and a 1-year high of $22.35. The firm has a market capitalization of $5.43 billion, a price-to-earnings ratio of -19.79 and a beta of 0.83. The firm’s fifty day moving average price is $15.01 and its two-hundred day moving average price is $17.43.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Friday, November 3rd. The real estate investment trust reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.57). Healthcare Realty Trust had a negative net margin of 20.24% and a negative return on equity of 3.70%. The business had revenue of $333.30 million during the quarter, compared to the consensus estimate of $331.80 million. During the same period last year, the business posted $0.39 earnings per share. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. On average, research analysts forecast that Healthcare Realty Trust Incorporated will post 1.58 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Tuesday, November 14th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.70%. The ex-dividend date of this dividend is Monday, November 13th. Healthcare Realty Trust’s dividend payout ratio (DPR) is -172.22%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on HR shares. BMO Capital Markets decreased their price objective on shares of Healthcare Realty Trust from $20.00 to $17.00 and set a “market perform” rating for the company in a research report on Friday, October 6th. StockNews.com upgraded shares of Healthcare Realty Trust to a “sell” rating in a research report on Thursday, October 19th. JPMorgan Chase & Co. raised shares of Healthcare Realty Trust from a “neutral” rating to an “overweight” rating and set a $19.00 target price on the stock in a research note on Thursday, October 12th. Scotiabank cut their target price on shares of Healthcare Realty Trust from $19.00 to $17.00 and set a “sector perform” rating on the stock in a research note on Tuesday, October 10th. Finally, Wells Fargo & Company cut their target price on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Monday, November 13th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $18.22.

Healthcare Realty Trust Profile

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of June 30, 2023, the Company was invested in over 700 real estate properties totaling more than 40 million square feet and provided leasing and property management services to over 35 million square feet nationwide.