Analysts Set Healthcare Realty Trust Incorporated (NYSE:HR) Target Price at $22.00

Healthcare Realty Trust Incorporated (NYSE:HR) has been assigned an average recommendation of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $22.00.

HR has been the topic of a number of research reports. Cantor Fitzgerald lifted their target price on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Weiss Ratings upgraded shares of Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Citigroup lifted their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. upped their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Finally, BTIG Research reissued a “buy” rating and issued a $22.00 target price on shares of Healthcare Realty Trust in a research report on Friday, June 12th.

Insider Transactions at Healthcare Realty Trust

In related news, CAO Amanda L. Callaway sold 25,767 shares of Healthcare Realty Trust stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $20.37, for a total transaction of $524,873.79. Following the completion of the transaction, the chief accounting officer directly owned 109,954 shares of the company’s stock, valued at $2,239,762.98. This trade represents a 18.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Healthcare Realty Trust

Several large investors have recently made changes to their positions in the business. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Healthcare Realty Trust in the 1st quarter worth approximately $205,000. Empowered Funds LLC bought a new stake in Healthcare Realty Trust in the first quarter worth $202,000. Invesco Ltd. boosted its holdings in Healthcare Realty Trust by 48.9% in the second quarter. Invesco Ltd. now owns 2,307,109 shares of the real estate investment trust’s stock worth $36,591,000 after acquiring an additional 757,542 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Healthcare Realty Trust by 314.1% in the second quarter. First Trust Advisors LP now owns 223,125 shares of the real estate investment trust’s stock worth $3,539,000 after acquiring an additional 169,248 shares during the last quarter. Finally, Amundi grew its stake in shares of Healthcare Realty Trust by 154.0% in the second quarter. Amundi now owns 519,816 shares of the real estate investment trust’s stock worth $8,343,000 after acquiring an additional 315,179 shares during the last quarter.

Healthcare Realty Trust Stock Down 0.6%

Shares of Healthcare Realty Trust stock opened at $19.14 on Friday. The business has a 50 day moving average of $20.36 and a 200 day moving average of $19.31. Healthcare Realty Trust has a 52 week low of $16.31 and a 52 week high of $22.04. The company has a market cap of $6.56 billion, a PE ratio of -73.60 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.53). Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The company had revenue of $278.58 million for the quarter, compared to analysts’ expectations of $271.60 million. During the same period in the previous year, the firm posted $0.41 earnings per share. The firm’s revenue for the quarter was down 5.3% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. On average, research analysts anticipate that Healthcare Realty Trust will post 1.65 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Tuesday, August 11th. Healthcare Realty Trust’s dividend payout ratio is presently -369.23%.

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.