Insider Selling: Healthcare Realty Trust Director Unloads 5,000 Shares of Stock (HR)
Healthcare Realty Trust (NYSE:HR) Director Bruce D. Sullivan unloaded 5,000 shares of Healthcare Realty Trust stock on the open market in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $25.46, for a total transaction of $127,300.00. Following the completion of the transaction, the director now directly owns 24,870 shares in the company, valued at approximately $633,190. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on HR. Analysts at TheStreet downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th.
Shares of Healthcare Realty Trust (NYSE:HR) traded up 1.68% on Monday, hitting $25.35. The stock had a trading volume of 1,798,047 shares. Healthcare Realty Trust has a 52 week low of $20.85 and a 52 week high of $27.37. The stock has a 50-day moving average of $24. and a 200-day moving average of $23.22. The company has a market cap of $2.435 billion and a P/E ratio of 196.30.
Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.35 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.36 by $0.01. The company had revenue of $91.90 million for the quarter, compared to the consensus estimate of $89.37 million. On average, analysts predict that Healthcare Realty Trust will post $1.45 earnings per share for the current fiscal year.
Healthcare Realty Trust Incorporated (NYSE:HR) is a self-managed and self-administered real estate investment trust (REIT) that owns, acquires, manages, finances and develops income-producing real estate properties associated with the delivery of outpatient healthcare services throughout the United States.
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