FY2017 Earnings Estimate for Healthcare Realty Trust Incorporated (HR) Issued By Jefferies Group

Healthcare Realty Trust Incorporated (NYSE:HR) – Stock analysts at Jefferies Group reduced their FY2017 earnings estimates for Healthcare Realty Trust in a research report issued on Monday. Jefferies Group analyst O. Okusanya now forecasts that the real estate investment trust will post earnings of $1.58 per share for the year, down from their prior estimate of $1.59. Jefferies Group has a “Hold” rating and a $34.00 price target on the stock. Jefferies Group also issued estimates for Healthcare Realty Trust’s Q4 2017 earnings at $0.32 EPS, FY2018 earnings at $1.65 EPS and FY2019 earnings at $1.76 EPS.

Several other research firms have also recently weighed in on HR. Zacks Investment Research cut shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, September 13th. BidaskClub cut shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. KeyCorp reissued a “sell” rating and issued a $25.00 target price on shares of Healthcare Realty Trust in a research note on Thursday, August 24th. Stifel Nicolaus reissued a “buy” rating on shares of Healthcare Realty Trust in a research note on Friday, August 4th. Finally, Cantor Fitzgerald reissued a “buy” rating on shares of Healthcare Realty Trust in a research note on Wednesday, August 23rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $33.29.

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Healthcare Realty Trust (NYSE:HR) opened at $32.16 on Tuesday. Healthcare Realty Trust has a 52 week low of $28.29 and a 52 week high of $36.25. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.63. The firm has a market cap of $4,111.38, a price-to-earnings ratio of 20.97, a P/E/G ratio of 5.23 and a beta of 0.32.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.01). Healthcare Realty Trust had a net margin of 26.70% and a return on equity of 6.62%. The firm had revenue of $106.95 million during the quarter, compared to the consensus estimate of $108.97 million. During the same period in the prior year, the business posted $0.39 earnings per share. Healthcare Realty Trust’s quarterly revenue was up 3.2% compared to the same quarter last year.

A number of hedge funds have recently added to or reduced their stakes in the business. Fiduciary Trust Co. acquired a new stake in shares of Healthcare Realty Trust during the second quarter worth $113,000. Quantbot Technologies LP acquired a new stake in shares of Healthcare Realty Trust during the third quarter worth $130,000. Pacad Investment Ltd. lifted its holdings in shares of Healthcare Realty Trust by 41.2% during the second quarter. Pacad Investment Ltd. now owns 4,800 shares of the real estate investment trust’s stock worth $164,000 after buying an additional 1,400 shares in the last quarter. Huntington National Bank lifted its holdings in shares of Healthcare Realty Trust by 36.7% during the second quarter. Huntington National Bank now owns 5,193 shares of the real estate investment trust’s stock worth $177,000 after buying an additional 1,393 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Healthcare Realty Trust by 1.2% during the second quarter. PNC Financial Services Group Inc. now owns 6,219 shares of the real estate investment trust’s stock worth $212,000 after buying an additional 72 shares in the last quarter. 90.26% of the stock is owned by hedge funds and other institutional investors.

In related news, Director John Knox Singleton acquired 3,074 shares of Healthcare Realty Trust stock in a transaction on Friday, November 10th. The stock was purchased at an average cost of $32.55 per share, with a total value of $100,058.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.85% of the company’s stock.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 16th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 15th. This represents a $1.20 dividend on an annualized basis and a yield of 3.73%. Healthcare Realty Trust’s dividend payout ratio (DPR) is 123.71%.

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.

Earnings History and Estimates for Healthcare Realty Trust (NYSE:HR)

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