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

Healthcare Realty Trust Incorporated (NYSE:HR) has been assigned an average recommendation of “Hold” from the eleven brokerages that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $18.8889.

A number of analysts have recently weighed in on HR shares. 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 research report on Tuesday, November 25th. BTIG Research restated a “buy” rating and set a $20.00 target price on shares of Healthcare Realty Trust in a research note on Monday, September 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Healthcare Realty Trust in a research report on Monday. Royal Bank Of Canada started coverage on shares of Healthcare Realty Trust in a research report on Wednesday, October 8th. They set a “sector perform” rating and a $19.00 price objective for the company. Finally, Scotiabank raised Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and increased their target price for the company from $18.00 to $20.00 in a report on Friday, September 5th.

Institutional Trading of Healthcare Realty Trust

Institutional investors have recently modified their holdings of the stock. Rush Island Management LP grew its stake in Healthcare Realty Trust by 13.8% during the 2nd 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 during the last quarter. APG Asset Management US Inc. boosted its stake in 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 during the period. Invesco Ltd. increased its stake in 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 valued at $138,845,000 after purchasing an additional 5,393,651 shares during the period. Massachusetts Financial Services Co. MA raised its holdings 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 valued at $108,791,000 after buying an additional 893,938 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Healthcare Realty Trust by 11.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,794,815 shares of the real estate investment trust’s stock valued at $107,766,000 after acquiring an additional 683,211 shares during the last quarter.

Healthcare Realty Trust Price Performance

NYSE HR opened at $17.08 on Friday. The company has a market cap of $6.01 billion, a P/E ratio of -16.11 and a beta of 0.96. The stock has a 50-day moving average of $17.93 and a two-hundred day moving average of $17.03. Healthcare Realty Trust has a 1-year low of $14.09 and a 1-year high of $18.97.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Thursday, October 30th. The real estate investment trust reported $0.41 EPS for the quarter, beating the consensus estimate of $0.40 by $0.01. The business had revenue of $297.77 million during the quarter, compared to analyst estimates of $291.10 million. Healthcare Realty Trust had a negative net margin of 30.51% and a negative return on equity of 7.32%. The business’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.39 earnings per share. Healthcare Realty Trust has set its FY 2025 guidance at 1.590-1.60 EPS. On average, analysts anticipate that Healthcare Realty Trust will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Tuesday, November 11th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend was Monday, November 10th. Healthcare Realty Trust’s dividend 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.