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

Healthcare Realty Trust Incorporated (NYSE:HR) has been assigned a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $18.8750.

HR has been the subject of a number of research analyst reports. Wells Fargo & Company upped their price objective on Healthcare Realty Trust from $18.00 to $19.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Wall Street Zen upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Cantor Fitzgerald boosted their price target 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. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Monday, December 29th.

Healthcare Realty Trust Stock Performance

HR opened at $17.55 on Tuesday. Healthcare Realty Trust has a 1 year low of $14.09 and a 1 year high of $18.97. The company’s 50 day simple moving average is $17.65 and its 200 day simple moving average is $17.73. The stock has a market capitalization of $6.12 billion, a PE ratio of -24.72 and a beta of 0.96.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.36). The company had revenue of $282.69 million for the quarter, compared to analyst estimates of $284.37 million. Healthcare Realty Trust had a negative return on equity of 5.07% and a negative net margin of 20.84%.The business’s revenue for the quarter was down 7.6% on a year-over-year basis. During the same period last year, the company posted $0.40 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. As a group, sell-side analysts expect that Healthcare Realty Trust will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced 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. This represents a $0.96 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Tuesday, February 24th. Healthcare Realty Trust’s dividend payout ratio is -135.21%.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The shares were purchased at an average price of $18.09 per share, for a total transaction of $180,900.00. Following the completion of the acquisition, the director owned 85,520 shares of the company’s stock, valued at approximately $1,547,056.80. This represents a 13.24% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.37% of the company’s stock.

Institutional Investors Weigh In On Healthcare Realty Trust

Several institutional investors have recently bought and sold shares of HR. Wiser Advisor Group LLC purchased a new position in shares of Healthcare Realty Trust in the 3rd quarter valued at $25,000. Smartleaf Asset Management LLC boosted its position in Healthcare Realty Trust by 179.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 1,033 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in Healthcare Realty Trust in the 3rd quarter valued at $32,000. Eurizon Capital SGR S.p.A. acquired a new stake in Healthcare Realty Trust in the 4th quarter valued at $37,000. Finally, Prosperity Bancshares Inc purchased a new position in Healthcare Realty Trust in the fourth quarter valued at about $42,000.

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.