Vestmark Advisory Solutions Invests $159,000 in Healthcare Realty Trust
Vestmark Advisory Solutions Inc. has made a significant investment in Healthcare Realty Trust Incorporated, purchasing 10,012 shares valued at approximately $159,000. This acquisition was disclosed in the company’s latest Form 13F filing with the Securities and Exchange Commission (SEC). The investment reflects Vestmark’s confidence in the real estate investment trust (REIT), which focuses on properties associated with outpatient healthcare services across the United States.
Several other institutional investors have also adjusted their positions in Healthcare Realty Trust. Savant Capital LLC increased its stake by 4.9% during the second quarter, now holding 47,164 shares valued at approximately $748,000. Meanwhile, Bank of Montreal Can raised its holdings by 8.8%, bringing its total to 69,916 shares valued at $1,109,000 after acquiring an additional 5,677 shares. Presima Securities ULC and Strs Ohio also made notable increases, with the latter boosting its stake by 46.9%, now owning 407,918 shares worth $6,470,000.
Analysts have recently provided mixed assessments of Healthcare Realty Trust. BTIG Research reaffirmed a “buy” rating with a price target of $20.00 on September 29, while Wells Fargo & Company upgraded its rating from “underweight” to “equal weight,” raising its price objective from $16.00 to $18.00. Overall, the stock has received three “buy,” seven “hold,” and one “sell” rating, according to data from MarketBeat.com, which indicates a consensus rating of “hold” with an average target price of $18.78.
In insider trading, Julie F. Wilson, Executive Vice President, sold 15,000 shares on September 5 at an average price of $18.00, totaling $270,000. After the transaction, Wilson retains 113,419 shares valued at $2,041,542, marking an 11.68% decrease in her position. Company insiders currently own 0.37% of Healthcare Realty Trust’s total shares.
On the trading front, shares of Healthcare Realty Trust (NYSE: HR) opened at $18.19 on Thursday. The company has a market capitalization of $6.39 billion, with a price-to-earnings ratio of -15.77 and a beta of 0.95. Over the past twelve months, the stock has fluctuated between a low of $14.09 and a high of $18.97.
The trust recently reported its quarterly earnings on October 30, revealing earnings per share (EPS) of $0.41, surpassing the consensus estimate of $0.40. The company generated revenue of $287.40 million, which fell short of analysts’ expectations of $291.10 million. The year-over-year revenue decreased by 6.2%, while the previous year’s EPS was $0.39. For fiscal year 2025, the company anticipates EPS guidance between $1.590 and $1.600.
In addition, Healthcare Realty Trust has declared a quarterly dividend of $0.24 per share, set to be paid on November 21. Stockholders of record by November 11 will receive this dividend, representing an annualized dividend of $0.96 and a yield of 5.3%. The stock’s ex-dividend date is November 10, while the current dividend payout ratio stands at -90.57%.
Healthcare Realty Trust, Inc. specializes in real estate investment services, focusing on the ownership, leasing, management, acquisition, financing, development, and redevelopment of income-producing properties linked to outpatient healthcare services across the United States. Founded by David R., the company continues to play a crucial role in the healthcare real estate market.
