Healthcare Realty Trust Incorporated (NYSE:HR) Given Average Rating of “Hold” by Analysts

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have earned an average rating of “Hold” from the nine analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $21.6250.

Several brokerages recently issued reports on HR. Raymond James Financial started coverage on shares of Healthcare Realty Trust in a research note on Tuesday, June 16th. They issued an “outperform” rating and a $24.00 price target for the company. UBS Group upped their price objective on shares of Healthcare Realty Trust from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Weiss Ratings cut shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Cantor Fitzgerald raised their target price on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Citigroup lifted their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, May 7th.

Healthcare Realty Trust Trading Up 0.6%

HR opened at $20.30 on Thursday. The stock has a fifty day simple moving average of $19.91 and a two-hundred day simple moving average of $18.33. The company has a market cap of $7.03 billion, a price-to-earnings ratio of -34.99 and a beta of 0.98. Healthcare Realty Trust has a 12-month low of $15.28 and a 12-month high of $20.90.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The firm had revenue of $275.28 million for the quarter, compared to analysts’ expectations of $283.01 million. During the same quarter in the previous year, the business posted $0.39 EPS. The company’s quarterly revenue was down 7.7% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, analysts predict that Healthcare Realty Trust will post 1.62 EPS for the current year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 11th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is -165.52%.

Insiders Place Their Bets

In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 25,767 shares of Healthcare Realty Trust stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total transaction of $524,873.79. Following the completion of the transaction, the chief accounting officer owned 109,954 shares in the company, valued at approximately $2,239,762.98. The trade was a 18.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.56% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Healthcare Realty Trust

Hedge funds have recently added to or reduced their stakes in the stock. Dynamic Technology Lab Private Ltd purchased a new position in shares of Healthcare Realty Trust in the 1st quarter worth about $205,000. Empowered Funds LLC bought a new stake in Healthcare Realty Trust during the 1st quarter valued at about $202,000. Invesco Ltd. increased its stake in Healthcare Realty Trust by 48.9% during the 2nd quarter. Invesco Ltd. now owns 2,307,109 shares of the real estate investment trust’s stock valued at $36,591,000 after purchasing an additional 757,542 shares in the last quarter. First Trust Advisors LP raised its holdings in Healthcare Realty Trust by 314.1% in the second quarter. First Trust Advisors LP now owns 223,125 shares of the real estate investment trust’s stock worth $3,539,000 after buying an additional 169,248 shares during the last quarter. Finally, Amundi raised its holdings in Healthcare Realty Trust by 154.0% in the second quarter. Amundi now owns 519,816 shares of the real estate investment trust’s stock worth $8,343,000 after buying an additional 315,179 shares during the last quarter.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.