Healthcare Realty Trust Incorporated (NYSE:HR) Receives Average Rating of “Hold” from Analysts

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have been given an average recommendation of “Hold” by the eleven ratings firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $18.7778.

A number of equities research analysts recently weighed in on HR shares. Royal Bank Of Canada initiated coverage on Healthcare Realty Trust in a research note on Wednesday, October 8th. They issued a “sector perform” rating and a $19.00 price target on the stock. Scotiabank raised shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and increased their price objective for the company from $18.00 to $20.00 in a research report on Friday, September 5th. Raymond James Financial cut shares of Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a research note on Monday, September 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Thursday, November 13th. Finally, BTIG Research reissued a “buy” rating and issued a $20.00 price target on shares of Healthcare Realty Trust in a report on Monday, September 29th.

Insiders Place Their Bets

In other Healthcare Realty Trust news, EVP Julie F. Wilson sold 15,000 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $18.00, for a total transaction of $270,000.00. Following the transaction, the executive vice president owned 113,419 shares in the company, valued at $2,041,542. This trade represents a 11.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.37% of the stock is owned by insiders.

Hedge Funds Weigh In On Healthcare Realty Trust

A number of hedge funds have recently bought and sold shares of the business. Rush Island Management LP grew its position in Healthcare Realty Trust by 13.8% during the second quarter. Rush Island Management LP now owns 14,260,152 shares of the real estate investment trust’s stock worth $226,166,000 after buying an additional 1,728,491 shares in the last quarter. APG Asset Management US Inc. grew its holdings in shares of Healthcare Realty Trust by 2.0% during the 3rd quarter. APG Asset Management US Inc. now owns 12,086,673 shares of the real estate investment trust’s stock worth $222,032,000 after purchasing an additional 231,650 shares in the last quarter. Invesco Ltd. increased its position in shares of Healthcare Realty Trust by 233.8% in the third quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock worth $138,845,000 after purchasing an additional 5,393,651 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of Healthcare Realty Trust by 15.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,859,453 shares of the real estate investment trust’s stock worth $108,791,000 after purchasing an additional 893,938 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in Healthcare Realty Trust by 11.2% in the second quarter. JPMorgan Chase & Co. now owns 6,794,815 shares of the real estate investment trust’s stock valued at $107,766,000 after purchasing an additional 683,211 shares in the last quarter.

Healthcare Realty Trust Stock Performance

Shares of NYSE:HR opened at $18.25 on Wednesday. Healthcare Realty Trust has a 52-week low of $14.09 and a 52-week high of $18.97. The company has a market capitalization of $6.42 billion, a P/E ratio of -15.87 and a beta of 0.95. The company has a 50-day simple moving average of $18.09 and a 200 day simple moving average of $16.62.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative return on equity of 7.70% and a negative net margin of 32.95%.The firm had revenue of $297.77 million for the quarter, compared to analyst estimates of $291.10 million. During the same quarter in the prior year, the company earned $0.39 earnings per share. The business’s revenue for the quarter was down 6.2% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. As a group, equities analysts forecast that Healthcare Realty Trust will post 1.59 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Tuesday, November 11th will be paid a $0.24 dividend. The ex-dividend date is Monday, November 10th. This represents a $0.96 annualized dividend and a yield of 5.3%. Healthcare Realty Trust’s payout ratio is -90.57%.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It 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 of America. The company was founded by David R.