Healthcare Realty Trust Incorporated (NYSE:HR) – Research analysts at SunTrust Banks cut their FY2017 earnings per share estimates for Healthcare Realty Trust in a research report issued to clients and investors on Thursday. SunTrust Banks analyst E. Fleming now expects that the real estate investment trust will earn $1.53 per share for the year, down from their prior forecast of $1.54. SunTrust Banks also issued estimates for Healthcare Realty Trust’s Q4 2017 earnings at $0.37 EPS.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The firm had revenue of $106.95 million for the quarter, compared to analyst estimates of $108.97 million. Healthcare Realty Trust had a net margin of 26.70% and a return on equity of 6.62%. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 earnings per share.

Other research analysts have also issued reports about the stock. Cantor Fitzgerald reissued a “buy” rating and set a $38.00 target price on shares of Healthcare Realty Trust in a research note on Tuesday, August 15th. BMO Capital Markets restated a “buy” rating and set a $34.00 price target on shares of Healthcare Realty Trust in a research report on Monday, October 2nd. Stifel Nicolaus restated a “buy” rating and set a $34.00 price target on shares of Healthcare Realty Trust in a research report on Friday, November 3rd. TheStreet downgraded shares of Healthcare Realty Trust from a “b” rating to a “c+” rating in a research report on Thursday, November 9th. Finally, Mizuho restated a “hold” rating and set a $35.00 price target on shares of Healthcare Realty Trust in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $33.29.

Healthcare Realty Trust (NYSE HR) opened at $33.18 on Monday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.82 and a current ratio of 2.82. The stock has a market cap of $4,143.85, a PE ratio of 21.13, a price-to-earnings-growth ratio of 5.29 and a beta of 0.32. Healthcare Realty Trust has a one year low of $28.63 and a one year high of $36.25.

The company also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.62%. The ex-dividend date was Wednesday, November 15th. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently 123.71%.

In other news, Director John Knox Singleton bought 3,074 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were acquired at an average cost of $32.55 per share, with a total value of $100,058.70. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.85% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in HR. Fiduciary Trust Co. purchased a new position in Healthcare Realty Trust during the second quarter valued at approximately $113,000. Quantbot Technologies LP bought a new stake in Healthcare Realty Trust in the third quarter worth approximately $130,000. Pacad Investment Ltd. grew its position in Healthcare Realty Trust by 41.2% in the second quarter. Pacad Investment Ltd. now owns 4,800 shares of the real estate investment trust’s stock worth $164,000 after acquiring an additional 1,400 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Healthcare Realty Trust by 1.2% in the second quarter. PNC Financial Services Group Inc. now owns 6,219 shares of the real estate investment trust’s stock worth $212,000 after acquiring an additional 72 shares in the last quarter. Finally, Neuberger Berman Group LLC grew its position in Healthcare Realty Trust by 0.7% in the second quarter. Neuberger Berman Group LLC now owns 6,267 shares of the real estate investment trust’s stock worth $214,000 after acquiring an additional 46 shares in the last quarter. 95.93% of the stock is currently owned by hedge funds and other institutional investors.

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Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.

Earnings History and Estimates for Healthcare Realty Trust (NYSE:HR)

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