Healthcare Realty Trust (NYSE:HR) Now Covered by UBS Group

UBS Group assumed coverage on shares of Healthcare Realty Trust (NYSE:HR) in a report published on Monday morning, Marketbeat.com reports. The firm issued a neutral rating and a $18.00 target price on the real estate investment trust’s stock.

A number of other equities research analysts also recently weighed in on HR. Cantor Fitzgerald raised their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “overweight” rating in a research report on Tuesday, February 17th. Wall Street Zen raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a research report on Friday, March 27th. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Healthcare Realty Trust currently has an average rating of “Hold” and an average price target of $18.78.

Healthcare Realty Trust Trading Down 0.1%

Shares of Healthcare Realty Trust stock opened at $18.54 on Monday. The firm has a market cap of $6.47 billion, a P/E ratio of -26.11 and a beta of 0.97. Healthcare Realty Trust has a 12 month low of $14.09 and a 12 month high of $18.97. The stock’s fifty day moving average price is $17.90 and its 200-day moving average price is $17.66.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.36). Healthcare Realty Trust had a negative net margin of 20.84% and a negative return on equity of 5.07%. The company had revenue of $282.69 million for the quarter, compared to the consensus estimate of $284.37 million. During the same period in the previous year, the business earned $0.40 EPS. Healthcare Realty Trust’s revenue for the quarter was down 7.6% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. Analysts forecast that Healthcare Realty Trust will post 1.61 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, February 24th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.96 dividend on an annualized basis and a yield of 5.2%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -135.21%.

Insiders Place Their Bets

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 10,000 shares of the stock in a transaction on Friday, March 6th. The stock was acquired at an average price of $18.09 per share, with a total value of $180,900.00. Following the completion of the acquisition, the director owned 85,520 shares in the company, valued at $1,547,056.80. The trade was a 13.24% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 0.56% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Healthcare Realty Trust

Several institutional investors have recently added to or reduced their stakes in HR. Allianz Asset Management GmbH raised its stake in shares of Healthcare Realty Trust by 36.3% in the third quarter. Allianz Asset Management GmbH now owns 527,024 shares of the real estate investment trust’s stock worth $9,502,000 after purchasing an additional 140,396 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Healthcare Realty Trust by 8.8% in the third quarter. Thrivent Financial for Lutherans now owns 5,018,021 shares of the real estate investment trust’s stock worth $90,475,000 after purchasing an additional 404,855 shares during the last quarter. Liberty One Investment Management LLC raised its stake in shares of Healthcare Realty Trust by 30.2% in the third quarter. Liberty One Investment Management LLC now owns 407,463 shares of the real estate investment trust’s stock worth $7,347,000 after purchasing an additional 94,568 shares during the last quarter. Cinctive Capital Management LP raised its stake in shares of Healthcare Realty Trust by 258.9% in the third quarter. Cinctive Capital Management LP now owns 189,551 shares of the real estate investment trust’s stock worth $3,418,000 after purchasing an additional 136,734 shares during the last quarter. Finally, Capital Investment Advisors LLC raised its stake in shares of Healthcare Realty Trust by 5.8% in the fourth quarter. Capital Investment Advisors LLC now owns 669,707 shares of the real estate investment trust’s stock worth $11,352,000 after purchasing an additional 36,961 shares during the last quarter.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.