Healthcare Realty Trust Inc (HR) Declares $0.30 Quarterly Dividend

Healthcare Realty Trust Inc (NYSE:HR) announced a quarterly dividend on Tuesday, February 13th, Zacks reports. Stockholders of record on Friday, February 23rd will be paid a dividend of 0.30 per share by the real estate investment trust on Tuesday, March 6th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date of this dividend is Thursday, February 22nd.

Healthcare Realty Trust has a payout ratio of 77.4% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities analysts expect Healthcare Realty Trust to earn $1.66 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 72.3%.

Healthcare Realty Trust (HR) opened at $27.80 on Wednesday. The company has a market capitalization of $3,535.64, a price-to-earnings ratio of 29.08, a P/E/G ratio of 4.26 and a beta of 0.20. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.82 and a current ratio of 2.82. Healthcare Realty Trust has a 52 week low of $27.48 and a 52 week high of $36.25.

A number of brokerages recently commented on HR. SunTrust Banks set a $32.00 price objective on Healthcare Realty Trust and gave the stock a “hold” rating in a research note on Monday, January 22nd. Zacks Investment Research downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, January 31st. KeyCorp set a $25.00 price objective on Healthcare Realty Trust and gave the stock a “sell” rating in a research note on Sunday, October 29th. Mizuho restated a “hold” rating and set a $34.00 price objective on shares of Healthcare Realty Trust in a research note on Sunday, November 5th. Finally, BMO Capital Markets restated a “buy” rating and set a $34.00 price objective on shares of Healthcare Realty Trust in a research note on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $33.00.

In other news, EVP Robert E. Hull sold 1,495 shares of the stock in a transaction on Monday, December 18th. The stock was sold at an average price of $33.87, for a total value of $50,635.65. Following the completion of the transaction, the executive vice president now owns 94,796 shares of the company’s stock, valued at $3,210,740.52. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP John M. Bryant, Jr. sold 6,638 shares of the stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $32.38, for a total value of $214,938.44. Following the completion of the transaction, the executive vice president now directly owns 176,812 shares of the company’s stock, valued at approximately $5,725,172.56. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,847 shares of company stock valued at $551,491. 1.85% of the stock is owned by company insiders.

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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.

Dividend History for Healthcare Realty Trust (NYSE:HR)

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