Insider Selling: Batey M. Gresham, Jr. Unloads 1,000 Shares of Healthcare Realty Trust Stock (HR)
Healthcare Realty Trust (NYSE:HR) Director Batey M. Gresham, Jr. sold 1,000 shares of the stock on the open market in a transaction dated 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link.
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 given a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $24.33.
Shares of Healthcare Realty Trust (NYSE:HR) traded down 0.26% during mid-day trading on Thursday, hitting $25.195. 88,095 shares of the company’s stock traded hands. Healthcare Realty Trust has a 52-week low of $20.85 and a 52-week high of $26.03. The stock has a 50-day moving average of $24.92 and a 200-day moving average of $24.69. The company has a market cap of $2.456 billion and a price-to-earnings ratio of 56.64.
Healthcare Realty Trust (NYSE:HR) last released its earnings data on Wednesday, July 30th. The company reported $0.36 EPS for the quarter, meeting the Thomson Reuters 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 prior 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.
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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