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

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have received an average rating of “Hold” from the nine brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $21.75.

HR has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. BTIG Research restated a “buy” rating and issued a $22.00 target price on shares of Healthcare Realty Trust in a research note on Friday, June 12th. UBS Group raised their target price on shares of Healthcare Realty Trust from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday. Royal Bank Of Canada lifted their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “sector perform” rating in a research note on Thursday, May 14th. Finally, Weiss Ratings lowered Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 4th.

Insider Buying and Selling at Healthcare Realty Trust

In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 25,767 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total value of $524,873.79. Following the completion of the sale, the chief accounting officer directly owned 109,954 shares in the company, valued at approximately $2,239,762.98. This represents a 18.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.56% of the company’s stock.

Institutional Trading of Healthcare Realty Trust

Several institutional investors and hedge funds have recently made changes to their positions in HR. Dynamic Technology Lab Private Ltd bought a new position in Healthcare Realty Trust during the 1st quarter worth about $205,000. Empowered Funds LLC purchased a new position in Healthcare Realty Trust during the 1st quarter valued at about $202,000. Invesco Ltd. raised its holdings in shares of Healthcare Realty Trust by 48.9% in the 2nd quarter. Invesco Ltd. now owns 2,307,109 shares of the real estate investment trust’s stock valued at $36,591,000 after purchasing an additional 757,542 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Healthcare Realty Trust by 314.1% in the 2nd quarter. First Trust Advisors LP now owns 223,125 shares of the real estate investment trust’s stock valued at $3,539,000 after purchasing an additional 169,248 shares in the last quarter. Finally, Amundi lifted its position in shares of Healthcare Realty Trust by 154.0% in the 2nd quarter. Amundi now owns 519,816 shares of the real estate investment trust’s stock worth $8,343,000 after purchasing an additional 315,179 shares during the period.

Healthcare Realty Trust Stock Down 0.1%

HR opened at $20.62 on Thursday. The business has a fifty day moving average of $20.12 and a 200 day moving average of $18.45. The stock has a market cap of $7.15 billion, a P/E ratio of -35.56 and a beta of 0.98. Healthcare Realty Trust has a 52-week low of $15.28 and a 52-week high of $20.90.

Healthcare Realty Trust (NYSE:HR) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $275.28 million for the quarter, compared to analyst estimates of $283.01 million. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.The business’s revenue was down 7.7% 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 2026 guidance at 1.590-1.65 EPS. Equities analysts anticipate that Healthcare Realty Trust will post 1.62 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 11th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a yield of 4.7%. Healthcare Realty Trust’s payout ratio is -165.52%.

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.