It will also strengthen the combined balance sheet, enhance liquidity and improve access to capital. But opting out of some of these cookies may have an effect on your browsing experience. Healthcare Realty Trust Stock Performance. Healthcare Realty Trust Trading Down 2.8 %. The special cash dividend of approximately $1.1 billion will be financed through joint venture transactions and asset sales. Prior to 1992, Mr. Emery was engaged in the development and management of commercial real estate in Nashville, Tennessee. Healthcare Realty Trust's dividend payout ratio (DPR) is -620.00%. Necessary cookies are absolutely essential for the website to function properly. Nancy H. Agee. The company Five companies, including a biotechnology company and a pipeline operator, unveiled share offerings after hours Monday, sending shares lower. Healthcare Realty Trust Incorporated (NYSE:HR) is a real estate investment trust. Hedge funds and other institutional investors own 98.54% of the companys stock. Healthcare Realty Trust Inc. and Healthcare Trust of America Inc. announced Monday an agreement to enter a strategic business combination, with the combined real estate investment trust having an equity market capitaliza Healthcare Realty Trust Inc.'s HR 8 million share offering priced at a 4.3% discount to Monday's close. Important Additional Information and Where to Find It. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Additional information regarding the Company, including this quarter's operations, can be found at www.healthcarerealty.com. 2020 Entered Joint Venture with TIAA Healthcare Realty forms a JV partnership with TIAA and reaches a $4.6B investment 2011 Acquired Bon Secours Portfolio The Company is also under contract or letter-of-intent to purchase additional properties located in its existing markets for more than $200 million, subject to execution of definitive documentation and satisfaction of customary closing conditions. Please send any questions or comments about this story to contact@marketbeat.com. Log in to see them here or sign up to get started. Information about HTAs directors and executive officers is available in HTAs proxy statement dated April 30, 2021, for its 2021 annual meeting of shareholders. Vanguard Group Inc. grew its holdings in shares of Healthcare Realty Trust by 143.7% during the 3rd quarter. Retired Chief Executive Officer, Aviation Asset Management Group, General Electric Company. Principal Financial Group Inc. now owns 12,333,715 shares of the real estate investment trusts stock worth $238,411,000 after acquiring an additional 59,648 shares during the period. We also use third-party cookies that help us analyze and understand how you use this website. 3310 West End Avenue, Suite 700 Nashville, Tennessee 37203 615.269.8175 Investor Relations & General Inquiries | communications@healthcarerealty.com Corporate Responsibility | sustainability@healthcarerealty.com Property Management | properties@healthcarerealty.com Leasing | leasing@healthcarerealty.com Healthcare Realty goes public with $135M portfolio. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on and Healthcare Realty Trust wasn't on the list. Get short term trading ideas from the MarketBeat Idea Engine. This website uses cookies to improve your experience. This combination provides a significant value creation opportunity for shareholders, stated Todd Meredith, President and Chief Executive Officer, Healthcare Realty. The conference call-in number is 877.507.5522 (Domestic) or 412.317.6077 (International), or interested parties can join the live webcast of the conference call by accessing the Investor Relations section of each companys website at www.healthcarerealty.com or www.htareit.com. The company has a market cap of $7.05 billion, a P/E ratio of -92.58 and a beta of 0.77. Crack the Code: Free Predictive Stock Analysis Report! Defense World members receive the latest stock market news and a concise summary of new analysts' recommendations in a FREE daily email newsletter. Forward-looking statements regarding the Company, include, but are not limited to, statements of managements beliefs, intentions or goals, and other statements that are not historical facts. As for Digital Realty Trust Inc., the P/E ratio stands at 94.78 higher than that of Prologis Inc.'s at 35.94 and Alexandria Real Estate Equities Inc.'s 25.16. (212) 682-3025. A number of institutional investors have recently modified their holdings of the company. TheStreet downgraded Healthcare Realty Trust from a c rating to a d+ rating in a research note on Wednesday, March 1st. U.S. Real Estate Equity REITs Outlook 2023. Necessary cookies are absolutely essential for the website to function properly. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $23.80. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. Words such as expects, anticipates, intends, plans, believes, seeks, estimates, will, should, may, projects, could, estimates or variations of such words and other similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature, but not all forward-looking statements include such identifying words. About Healthcare Trust of America, Inc. 2022 Merged with HTA Healthcare Realty and Healthcare Trust of America enter into an $18B strategic combination. Barclays lifted their price target on Healthcare Realty Trust from $24.00 to $25.00 in a research note on Thursday, May 11th. Information about HRs directors and executive officers is available in HRs proxy statement dated March 25, 2022, for its 2022 annual meeting of shareholders. Healthcare Realty Trust stock opened at $18.52 on Wednesday. National Bank of Canada FI Buys 869 Shares of Charter Communications, Inc. National Bank of Canada FI Has $5.44 Million Stake in Public Service Enterprise Group Incorporated, Tapestry, Inc. (NYSE:TPR) Shares Acquired by National Bank of Canada FI, ABB Ltd (NYSE:ABBNY) Holdings Lowered by National Bank of Canada FI, Rockefeller Capital Management L.P. Has $746,000 Holdings in Annaly Capital Management, Inc. (NYSE:NLY), National Bank of Canada FI Trims Position in Kellogg (NYSE:K), National Bank of Canada FI Buys 869 Shares of Charter Communications, Inc. (NASDAQ:CHTR), National Bank of Canada FI Has $5.44 Million Stake in Public Service Enterprise Group Incorporated (NYSE:PEG), Whitener Capital Management Inc. Has $8.49 Million Stock Position in Amazon.com, Inc. (NASDAQ:AMZN), National Bank of Canada FI Lowers Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY), Exchange Traded Concepts LLC Buys Shares of 5,923 Coca-Cola FEMSA, S.A.B. Break Russia & China's Food Security Hold - Explore This $30B Industry. State Street Corp now owns 22,728,519 shares of the real estate investment trusts stock worth $439,342,000 after acquiring an additional 109,568 shares during the period. The Company 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. NASHVILLE, Tenn. and SCOTTSDALE, Ariz., Feb. 28, 2022 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) (Healthcare Realty or HR) and Healthcare Trust of America, Inc. (NYSE: HTA) (Healthcare Trust of America or HTA) today announced that they have agreed to enter into a strategic business combination. Dividend history includes: Declare date, ex-div, record, pay, frequency . 2023 Healthcare Realty Trust. We believe all shareholders will benefit from the Companys expanded national footprint from HRs Seattle portfolio to HTAs Boston portfolio. As you might know, Healthcare Realty Trust Incorporated ( NYSE:HR) recently reported its third-quarter numbers. For the best MarketWatch.com experience, please update to a modern browser. Simply Wall St Aug 27, 2022. On Tuesday, Healthcare Realty Trust Inc (HR:NYQ) closed at 19.13, 8.26% above its 52-week low of 17.67, set on May 26, 2023. View Micron Technology: A Reversal Is Imminent, View Sleep-At-Night Stock Sherwin-Williams Is Ready To Rebound. This communication relates to the proposed transaction pursuant to the terms of the Agreement and Plan of Merger, dated February 28, 2022, by and among HR, HTA, Healthcare Trust of America Holdings, LP, and HR Acquisition 2, LLC. HTA shareholders will receive a total implied value of $35.08 per share comprised of a special cash dividend of $4.82 per share and a transaction exchange ratio of 1:1 based on HRs unaffected price of $30.26 on February 24, 2022. We are pleased to announce this strategic transaction, which unites two highly complementary medical office portfolios and represents a rare opportunity to create a sector-leading REIT in terms of both size and quality. There is a high estimate of $343M . These forward-looking statements are based on each of the companies current plans, objectives, estimates, expectations and intentions and inherently involve significant risks and uncertainties. He served as the Companys Chairman from 1992 until shortly before his death in 2019. 305 Broadway, 7 th Floor. Healthcare Realty Trust Incorporated 3310 West End Avenue, Suite 700 Nashville, Tennessee 37203 P: 615.269.8175 F: 615.269.8418, Contact Us Email Alerts Information Request, Investor Relations SEC Filings Press Releases Privacy Policy. View which stocks are hot on social media with MarketBeat's trending stocks report. Daiwa Securities Group Inc. boosted its holdings in Healthcare Realty Trust by 17.3% in the 1st quarter. Healthcare Realty and HTA have received letters of intent from, and are in advanced negotiations with, three institutional investors for a combination of joint ventures and asset sales totaling $1.7 billion at a weighted average cap rate of approximately 4.8%. As of the closing of the merger on July 20, 2022, the Company was invested in over 700 real estate properties totaling approximately 44 million square feet and provided leasing and property management services to more than 30 million square feet nationwide. Vanguard Group Inc. now owns 54,590,406 shares of the real estate investment trusts stock worth $1,138,210,000 after purchasing an additional 32,188,292 shares during the period. Daiwa Securities Group Inc. boosted its holdings in Healthcare Realty Trust by 17.3% in the 1st quarter. Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Credit Suisse Group downgraded Healthcare Realty Trust from an "outperform" rating to a "neutral" rating and cut their price target for the stock from $23.00 to $20.00 in a research note on Monday, March 6th. Healthcare Realty Trust has a one year low of $17.67 and a one year high of $30.07. Shares of HR stock opened at $18.13 on Monday. Investors and security holders may obtain copies of these documents free of charge through the website maintained by the SEC at www.sec.gov or from HR at its website, www.healthcarerealty.com, or from HTA at its website, www.htareit.com. Is Now A Good Time To Buy Welltower Stock? Credit Suisse Group downgraded Healthcare Realty Trust from an outperform rating to a neutral rating and cut their price target for the stock from $23.00 to $20.00 in a research note on Monday, March 6th. Identify stocks that meet your criteria using seven unique stock screeners. The strategic markets HTA invests in support a strong, long-term demand for quality medical office space. NASHVILLE, Tenn., June 08, 2021 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) today announced the recent acquisition of three medical office buildings in three separate transactions for $140.8 million, bringing year-to-date acquisitions to $269.5 million. These cookies will be stored in your browser only with your consent. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed transaction if and when they become available. The Company reported net loss attributable to common stockholders of $87.1 million, or $0.23 per diluted common share, for the quarter ended March 31, 2023. These strategists say investors need quality, so sell Tesla and AMD, and buy these stocks instead. In addition, a special cash dividend of $4.82 per share will be distributed to HTA shareholders. Healthcare Realty Trust has a one year low of $17.67 and a one year high of $30.07. Net proceeds from these transactions would be approximately $1.6 billion. View AMD's Recent Correction: A Buying Opportunity For Investors? Healthcare Realty Trust Incorporated, Creates Preeminent, High Quality MOB REITLed by Existing Healthcare Realty Executive Team and ChairmanHealthcareRealty Name and Ticker Symbol (NYSE: HR)Expected to be Accretive with Material Cost Synergies and Operational Upside. This communication relates to the proposed transaction pursuant to the terms of the Agreement and Plan of Merger, dated February 28, 2022, by and among HR, HTA, Healthcare Trust of America Holdings, LP, and HR Acquisition 2, LLC. This category only includes cookies that ensures basic functionalities and security features of the website. HEALTHCARE REALTY TRUST INCORPORATED (HRTI, LLC, as successor by conversion of Healthcare Realty Trust Incorporated) (Exact Name of Registrant as Specified in Charter) 3310 West End Avenue, Suite 700 Nashville, Tennessee 37203 (Address of principal executive offices) ( 615) 269-8175 (Registrant's telephone number, including area code) This website uses cookies to improve your experience. Forward Looking Statements This communication contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Exchange Act. How to Choose a Brokerage Account or Online Broker; Shares of Healthcare Realty Trust stock opened at $18.13 on Monday. de C.V. (NYSE:KOF), Exchange Traded Concepts LLC Takes $495,000 Position in Sinclair, Inc. (NASDAQ:SBGI), Transcend Capital Advisors LLC Cuts Position in Amazon.com, Inc. (NASDAQ:AMZN), Exchange Traded Concepts LLC Raises Holdings in Dominion Energy, Inc. (NYSE:D), Exchange Traded Concepts LLC Makes New Investment in M/I Homes, Inc. (NYSE:MHO), Exchange Traded Concepts LLC Sells 3,850 Shares of AppLovin Co. (NYSE:APP), Edison International (NYSE:EIX) Shares Purchased by National Bank of Canada FI, Exchange Traded Concepts LLC Reduces Stock Position in American Financial Group, Inc. (NYSE:AFG), Essential Utilities, Inc. (NYSE:WTRG) Stake Raised by Exchange Traded Concepts LLC, Exchange Traded Concepts LLC Purchases New Position in Trustmark Co. (NASDAQ:TRMK), Corporate Office Properties Trust (NYSE:OFC) Stake Lifted by Exchange Traded Concepts LLC, Exchange Traded Concepts LLC Boosts Holdings in Mercury Systems, Inc. (NASDAQ:MRCY). From an initial portfolio of 21 healthcare facilities in 1993, Healthcare Realty now owns 715 properties throughout the United States. John V. Abbott. After losing 63% in the past year, Diversified Healthcare Trust (NASDAQ:DHC) institutional owners must be relieved by the recent gain. HR and HTA and certain of their respective directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from the common shareholders of HR and HTA in respect of the proposed transaction under the rules of the SEC. Citigroup Global Markets Inc. is serving as lead financial advisor, Scotiabank is serving as financial advisor, and Hunton Andrews Kurth LLP and Waller Lansden Dortch & Davis, LLP are acting as legal advisors to Healthcare Realty. All rights reserved. 80% of newlyweds wish they could redo their wedding registry to include this gift, Virgin Galactic hits milestone, but full ramp of commercial operations still years away, analyst says. 56% of portfolio in 14 markets with 1M+ SF 78% HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations. Hedge funds and other institutional investors own 98.54% of the company's stock. a $1.1 billion asset sale term loan to replace the transaction bridge loan commitment and to backstop the $1.1 billion special cash dividend to HTA stockholders, if needed, depending on the timing of asset sales and joint ventures. Receive News & Ratings for Healthcare Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter. HR and HTA intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and include this statement for purposes of complying with the safe harbor provisions. Healthcare Realty Trust Inc is a self-managed and self-administered real estate investment trust (REIT). Forward-looking statements represent the Company's judgment as of the date of this release. Get daily stock ideas from top-performing Wall Street analysts. The Company now owns five buildings around this campus and nineteen properties in the Los Angeles market. BlackRock Inc. now owns 45,751,993 shares of the real estate investment trusts stock worth $884,386,000 after acquiring an additional 425,269 shares during the period. All rights reserved. All rights reserved. The forward-looking statements made in this communication are made only as of the date hereof or as of the dates indicated in the forward-looking statements, even if they are subsequently made available by HR or HTA on their respective websites or otherwise. Intraday Data provided by FACTSET and subject to terms of use. Moreover, other risks and uncertainties of which the Company is not currently aware may also cause actual results and the timing of events to differ materially from those anticipated. This leaves the U.S. at the mercy of China for our vital graphite supply. Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium, Innovative Eyewear Stock Surges on Reebok Smart Eyewear Deal, How to Choose a Brokerage Account or Online Broker, VirTra is an Overlooked Profitable National Defense Play, Get a free research report on Healthcare Realty Trust from StockNews.com, Meta Platforms Soars with Analysts Bullish on AI-Driven Ad Growth, Delta Airlines Is Flying Higher On Upbeat Guidance, Here's How to Rank the 3 Biggest Video Game Stocks, Redfin: Contrasting Analyst Bearishness With Market Optimism, Five stocks we like better than Healthcare Realty Trust. Healthcare Realty Trust Incorporated (NYSE: HR) is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties. Healthcare Realty Trust Incorporated (HR) dividend growth history: By month or year, chart. HTA utilizes an integrated asset management platform consisting of on-site leasing, property management, engineering and building services, and development capabilities to create complete, state of the art facilities in each market. On May 2, 2022, Healthcare Realty and HTA filed a registration statement and preliminary joint merger proxy statement with the Securities and Exchange Commission (SEC). Healthcare Realty Trust Incorporated ( NYSE: HR) Q1 2023 Results Conference Call May 9, 2023 11:00 AM ET Company Participants Ron Hubbard - VP of IR Todd Meredith - President, CEO and Director. Forward-looking statements regarding HR and HTA, include, but are not limited to, statements related to the proposed transaction, and the anticipated timing, benefits and financial and operational impact thereof; the expected financing for the transaction; other statements of managements beliefs, intentions or goals; and other statements that are not historical facts. On December 30, 2022, Healthcare Realty Trust Incorporated (NYSE:HR) stock closed at $19.27 per share.. We believe this transaction will be accretive through near term synergies with additional value from operational upside. Is it Time To Ring The Register On Paychex? It is mandatory to procure user consent prior to running these cookies on your website. American Consumer News, LLC dba MarketBeat 2010-2023. In connection with the proposed transaction, HTA has filed with the SEC a registration statement on Form S-4 that includes a joint proxy statement of HR and HTA and that also will constitute a prospectus of HTA. of Michigan, Chicago Business Barometer on rise in June, Healthcare Realty Trust downgraded to neutral at Credit Suisse, Healthcare Realty, Healthcare Trust to merge, creating a combined company with an near-$18 billion enterprise value, 3 Medical REITs to Play a Return in Health Care, Healthcare Realty Trust A Sell After Baffling Price Performance: Hilliard Lyons, Healthcare Realty prices offering at 4.3% discount, 1 Healthcare REIT to Keep an Eye on, 2 to Avoid, 'Commercial Real Estate Is Melting Down Fast': Elon Musk Warns Home Prices Will Be The Next To Crash Yet One Property Type Could Prove Resilient, Implied Volatility Surging for Healthcare Realty (HR) Stock Options, Healthcare Realty Trust (HR) Lags Q1 FFO and Revenue Estimates, Diversified Healthcare (DHC) Matches Q1 FFO Estimates, Community Healthcare Trust (CHCT) Tops Q1 FFO and Revenue Estimates. In addition, BlackBirch Capital is acting as financial advisor to Healthcare Realty on the previously announced asset sales and joint venture transactions. We are pleased to announce an important step forward in our strategic combination with HTA. In connection with the proposed transaction, HTA expects to file with the SEC a registration statement on Form S-4 that will include a joint proxy statement of HR and HTA and that also will constitute a prospectus of HTA. The Company will have a pro forma equity market capitalization of approximately $11.6 billion and a total enterprise value of $17.6 billion based on the implied values at market close on February 24, 2022. Principal Financial Group Inc. now owns 12,333,715 shares of the real estate investment trust's stock worth $238,411,000 after acquiring an additional 59,648 shares during the period. To see all exchange delays and terms of use please see Barchart's disclaimer. Before you consider Healthcare Realty Trust, you'll want to hear this. Healthcare Realty Trust Incorporated (NYSE: HR) is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated . See how investors could benefit from graphite, Three High-Dividend Yield Stocks For Stable Income And Growth, Mullen: The Back-Handed Slap Of Good News. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT ON FORM S-4 AND THE RELATED JOINT PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION, IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT HR, HTA AND THE PROPOSED TRANSACTION. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Outlook Report / Fri 09 Dec, 2022. All three acquisitions closed in May 2021 and are located in the Companys existing markets including: 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. The REIT went effective in January 2006 and closed its offering in May 2008 after raising $1.7 billion in investor equity. Pro forma for the transaction HR and HTA shareholders will own 39% and 61% of the Company, respectively. All quotes are in local exchange time. HTA believes this drives efficiencies, strong tenant and health system relationships, and strategic partnerships that result in high levels of tenant retention, rental growth and long- term value creation.
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