Insider Selling: Healthcare Realty Trust Director Sells 1,000 Shares of Stock (HR)
Healthcare Realty Trust (NYSE:HR) Director Batey M. Gresham, Jr. sold 1,000 shares of Healthcare Realty Trust stock on the open market in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $24.64, for a total value of $24,640.00. Following the sale, the director now directly owns 11,454 shares in the company, valued at approximately $282,227. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Healthcare Realty Trust (NYSE:HR) traded up 0.44% during mid-day trading on Tuesday, hitting $25.07. 529,011 shares of the company’s stock traded hands. Healthcare Realty Trust has a 1-year low of $20.85 and a 1-year high of $26.03. The stock’s 50-day moving average is $24.93 and its 200-day moving average is $24.67. The company has a market cap of $2.443 billion and a price-to-earnings ratio of 55.96.
Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.36. The company had revenue of $92.93 million for the quarter, compared to the consensus estimate of $91.25 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. Analysts expect that Healthcare Realty Trust will post $1.45 EPS for the current fiscal year.
Separately, analysts at KeyCorp reiterated a “buy” rating on shares of Healthcare Realty Trust in a research note on Tuesday, July 15th. They now have a $29.00 price target on the stock, up previously from $28.00. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Healthcare Realty Trust has a consensus rating of “Hold” and an average price target of $24.33.
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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