Insider Selling: Healthcare Realty Trust Inc (HR) EVP Sells 6,638 Shares of Stock
Healthcare Realty Trust Inc (NYSE:HR) EVP John M. Bryant, Jr. sold 6,638 shares of the stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $32.38, for a total transaction of $214,938.44. Following the transaction, the executive vice president now directly owns 176,812 shares in the company, valued at approximately $5,725,172.56. The transaction was disclosed in a filing with the SEC, which is available through this link.
Healthcare Realty Trust Inc (NYSE HR) traded down $0.14 during trading hours on Wednesday, reaching $32.34. 2,175,600 shares of the company’s stock traded hands, compared to its average volume of 729,667. 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 $4,056.43, a price-to-earnings ratio of 20.69, a price-to-earnings-growth ratio of 5.19 and a beta of 0.32. Healthcare Realty Trust Inc has a 52-week low of $28.63 and a 52-week high of $36.25.
Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.01). The firm had revenue of $106.95 million during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the business posted $0.39 EPS. analysts expect that Healthcare Realty Trust Inc will post 1.57 earnings per share for the current year.
A number of equities analysts have recently issued reports on HR shares. Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Monday, November 6th. TheStreet lowered shares of Healthcare Realty Trust from a “b” rating to a “c+” rating in a report on Thursday, November 9th. Cantor Fitzgerald restated a “buy” rating on shares of Healthcare Realty Trust in a report on Wednesday, August 23rd. KeyCorp restated a “sell” rating and issued a $25.00 target price on shares of Healthcare Realty Trust in a report on Thursday, August 24th. Finally, BMO Capital Markets restated a “buy” rating and issued a $34.00 target price on shares of Healthcare Realty Trust in a report on Thursday, November 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. Healthcare Realty Trust has an average rating of “Hold” and a consensus target price of $33.29.
A number of large investors have recently bought and sold shares of the business. BlackRock Inc. boosted its holdings in Healthcare Realty Trust by 1.2% in the 2nd quarter. BlackRock Inc. now owns 15,161,928 shares of the real estate investment trust’s stock worth $517,779,000 after buying an additional 186,886 shares during the period. FMR LLC boosted its holdings in Healthcare Realty Trust by 6.4% in the 2nd quarter. FMR LLC now owns 7,274,016 shares of the real estate investment trust’s stock worth $248,408,000 after buying an additional 434,895 shares during the period. State Street Corp boosted its holdings in Healthcare Realty Trust by 2.2% in the 2nd quarter. State Street Corp now owns 5,887,196 shares of the real estate investment trust’s stock worth $201,047,000 after buying an additional 127,663 shares during the period. Northern Trust Corp boosted its holdings in Healthcare Realty Trust by 8.6% in the 2nd quarter. Northern Trust Corp now owns 3,367,432 shares of the real estate investment trust’s stock worth $114,997,000 after buying an additional 266,749 shares during the period. Finally, Macquarie Group Ltd. boosted its holdings in Healthcare Realty Trust by 1.5% in the 3rd quarter. Macquarie Group Ltd. now owns 1,963,775 shares of the real estate investment trust’s stock worth $63,508,000 after buying an additional 28,287 shares during the period. Hedge funds and other institutional investors own 95.75% of the company’s stock.
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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.
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