Healthcare Realty Trust Inc (HR) Given Consensus Recommendation of “Hold” by Analysts


Healthcare Realty Trust Inc (NYSE:HR) has earned a consensus rating of “Hold” from the eleven analysts that are presently covering the firm. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $34.00.

A number of research analysts have issued reports on HR shares. Cantor Fitzgerald upgraded shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, January 31st. Zacks Investment Research upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, March 14th. BMO Capital Markets upgraded shares of Healthcare Realty Trust from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $31.00 to $33.00 in a research report on Wednesday, March 15th. Jefferies Group LLC restated a “buy” rating and set a $36.00 target price on shares of Healthcare Realty Trust in a research report on Friday, May 12th. Finally, Stifel Nicolaus decreased their target price on shares of Healthcare Realty Trust from $34.00 to $33.00 and set a “buy” rating on the stock in a research report on Tuesday, May 9th.

In related news, Director Bruce D. Sullivan sold 3,000 shares of the stock in a transaction that occurred on Monday, February 27th. The shares were sold at an average price of $32.28, for a total transaction of $96,840.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Robert E. Hull sold 1,744 shares of the stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $32.45, for a total transaction of $56,592.80. Following the sale, the executive vice president now owns 58,174 shares in the company, valued at approximately $1,887,746.30. The disclosure for this sale can be found here. Insiders have sold a total of 32,129 shares of company stock worth $1,045,827 in the last quarter. 1.65% of the stock is currently owned by company insiders.

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Several hedge funds have recently bought and sold shares of HR. Northwestern Mutual Investment Management Company LLC raised its stake in Healthcare Realty Trust by 0.5% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 20,066 shares of the real estate investment trust’s stock valued at $652,000 after buying an additional 96 shares in the last quarter. Stifel Financial Corp raised its stake in Healthcare Realty Trust by 1.0% in the first quarter. Stifel Financial Corp now owns 9,648 shares of the real estate investment trust’s stock valued at $314,000 after buying an additional 100 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Healthcare Realty Trust by 1.3% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 8,486 shares of the real estate investment trust’s stock valued at $257,000 after buying an additional 107 shares in the last quarter. World Asset Management Inc raised its stake in Healthcare Realty Trust by 1.9% in the first quarter. World Asset Management Inc now owns 7,184 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 134 shares in the last quarter. Finally, Capstone Asset Management Co. raised its stake in Healthcare Realty Trust by 3.8% in the first quarter. Capstone Asset Management Co. now owns 10,416 shares of the real estate investment trust’s stock valued at $339,000 after buying an additional 380 shares in the last quarter.

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Shares of Healthcare Realty Trust (NYSE:HR) traded down 1.40% during midday trading on Tuesday, hitting $33.09. The stock had a trading volume of 510,072 shares. The firm has a market capitalization of $3.86 billion, a PE ratio of 34.43 and a beta of 0.27. Healthcare Realty Trust has a 1-year low of $26.66 and a 1-year high of $36.60. The company’s 50 day moving average price is $32.97 and its 200-day moving average price is $31.09.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a return on equity of 3.81% and a net margin of 12.79%. The business had revenue of $104.57 million for the quarter, compared to analyst estimates of $106.03 million. During the same quarter in the previous year, the company earned $0.41 EPS. Equities analysts predict that Healthcare Realty Trust will post $0.64 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 31st. Investors of record on Tuesday, May 16th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, May 12th. This represents a $1.20 annualized dividend and a dividend yield of 3.63%. Healthcare Realty Trust’s dividend payout ratio is 240.00%.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.

12 Month Chart for NYSE:HR

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