Insider Trading March 6, 2026

Healthcare Realty Director Purchases $180,900 in Stock as REIT Posts Strong Quarter

Director Thomas N. Bohjalian increases stake amid recent earnings beat and continued dividend track record

By Caleb Monroe HR
Healthcare Realty Director Purchases $180,900 in Stock as REIT Posts Strong Quarter
HR

Healthcare Realty Trust director Thomas N. Bohjalian bought 10,000 shares on March 6, 2026, for $180,900, pushing his direct holdings to 85,520 shares. The stock traded near its 52-week high as the REIT reported a fourth-quarter 2025 earnings beat and maintained funds from operations in line with expectations. Analysts have adjusted valuations upward even as one data service flags the REIT as appearing overvalued relative to its Fair Value.

Key Points

  • Director Thomas N. Bohjalian purchased 10,000 shares on March 6, 2026, totaling $180,900 at prices between $18.09 and $18.10, bringing his direct holdings to 85,520 shares.
  • Healthcare Realty Trust reported Q4 2025 EPS of $0.04, above the $0.002 forecast, with revenue slightly ahead of projections and FFO of $0.40 per share in line with expectations.
  • InvestingPro flags the REIT as appearing overvalued relative to its Fair Value, while Cantor Fitzgerald raised its price target from $19 to $21 and maintained an Overweight rating, citing operational and balance sheet improvements.

Transaction details

Thomas N. Bohjalian, a director at Healthcare Realty Trust Inc (NYSE:HR), acquired 10,000 shares of the company's common stock on March 6, 2026. The block of shares was purchased at prices ranging from $18.09 to $18.10, for a total transaction value of $180,900. After the trade, Bohjalian directly holds 85,520 shares of Healthcare Realty Trust.

Market context

The purchase occurred as the REIT's shares were trading close to their 52-week high of $18.97. Over the prior 12 months, the stock has risen roughly 18%.

Valuation and income profile

According to InvestingPro analysis cited in company commentary, Healthcare Realty Trust currently appears overvalued relative to its Fair Value. That same analysis notes the REIT's long-standing dividend record: the company has paid dividends for 34 consecutive years and offers a current yield of 5.2%. The REIT is characterized in the analysis as a $6.5 billion healthcare real estate investment trust, and the dividend yield is identified as a notable draw for income-focused investors.

Recent financial results and analyst response

Healthcare Realty Trust reported fourth-quarter 2025 results that outpaced analyst expectations. The company posted earnings per share of $0.04, compared with a consensus forecast of $0.002. Revenue for the quarter slightly exceeded projections. Funds from operations were reported at $0.40 per share for the fourth quarter, which aligned with expectations.

Following the results, Cantor Fitzgerald raised its price target for Healthcare Realty Trust from $19 to $21 and kept an Overweight rating on the stock. The firm cited improvements in the company’s process, personnel, earnings growth potential, and balance sheet in explaining its decision to increase the target price.

Investor takeaways

The insider purchase by a director, the earnings beat in the fourth quarter of 2025, and an unchanged FFO result together present a mix of signals for market participants. The director's acquisition increases his direct ownership, and the REIT's dividend history and yield continue to be highlighted as relevant to income-oriented investors. At the same time, third-party analysis flags valuation as a potential concern.


Note on limitations

Details above reflect the specific transaction, reported results for the fourth quarter of 2025, the InvestingPro valuation comment, and Cantor Fitzgerald's post-earnings action. Where information is limited in source disclosures, this report reflects only the facts explicitly presented.

Risks

  • Valuation concern: InvestingPro indicates the REIT appears overvalued relative to its Fair Value, which could impact investor returns - affecting equity investors in the REIT and broader real estate sector.
  • Market sensitivity: The stock is trading near its 52-week high ($18.97), which can increase price volatility and downside risk for shareholders - relevant to equity and income investors.
  • Reliance on dividend income: The REIT's appeal to income-focused investors hinges on its dividend yield (5.2%) and long payment history; any change in dividend policy or payout sustainability could affect investor sentiment and fixed-income allocation decisions.

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