Healthcare Realty Trust (NYSE:HR) has been given a $32.00 target price by equities research analysts at SunTrust Banks in a research note issued to investors on Monday. The firm presently has a “hold” rating on the real estate investment trust’s stock. SunTrust Banks’ price target points to a potential upside of 5.72% from the company’s previous close.
A number of other brokerages have also weighed in on HR. Morgan Stanley reaffirmed an “overweight” rating and issued a $34.00 price target on shares of Healthcare Realty Trust in a research note on Thursday, December 14th. KeyCorp reaffirmed a “sell” rating and issued a $25.00 price target on shares of Healthcare Realty Trust in a research note on Tuesday, September 26th. Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Monday, November 6th. Mizuho reaffirmed a “hold” rating and issued a $34.00 price target on shares of Healthcare Realty Trust in a research note on Sunday, November 5th. Finally, TheStreet lowered shares of Healthcare Realty Trust from a “b” rating to a “c+” rating in a research note on Thursday, November 9th. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $33.00.
Healthcare Realty Trust (NYSE HR) traded up $0.29 during trading on Monday, reaching $30.27. 787,851 shares of the company traded hands, compared to its average volume of 697,869. Healthcare Realty Trust has a twelve month low of $29.40 and a twelve month high of $36.25. The company has a market cap of $3,780.00, a price-to-earnings ratio of 30.89, a price-to-earnings-growth ratio of 4.51 and a beta of 0.32. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.63.
In other Healthcare Realty Trust news, insider Todd J. Meredith sold 4,720 shares of Healthcare Realty Trust stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $32.77, for a total transaction of $154,674.40. Following the completion of the transaction, the insider now directly owns 414,981 shares of the company’s stock, valued at $13,598,927.37. 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 Healthcare Realty Trust stock in a transaction on 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 of the company’s stock, valued at $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 worth $551,491. 1.85% of the stock is owned by corporate insiders.
Institutional investors have recently made changes to their positions in the company. California Public Employees Retirement System boosted its position in shares of Healthcare Realty Trust by 8.1% in the third quarter. California Public Employees Retirement System now owns 208,561 shares of the real estate investment trust’s stock valued at $6,745,000 after acquiring an additional 15,586 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Healthcare Realty Trust by 67.5% in the second quarter. Goldman Sachs Group Inc. now owns 661,865 shares of the real estate investment trust’s stock valued at $22,602,000 after acquiring an additional 266,676 shares during the period. Swiss National Bank boosted its position in shares of Healthcare Realty Trust by 6.3% in the third quarter. Swiss National Bank now owns 206,300 shares of the real estate investment trust’s stock valued at $6,672,000 after acquiring an additional 12,200 shares during the period. Public Employees Retirement System of Ohio boosted its position in shares of Healthcare Realty Trust by 8.1% in the third quarter. Public Employees Retirement System of Ohio now owns 143,812 shares of the real estate investment trust’s stock valued at $4,651,000 after acquiring an additional 10,837 shares during the period. Finally, Janus Henderson Group PLC bought a new stake in shares of Healthcare Realty Trust in the second quarter valued at about $12,297,000. 94.75% of the stock is owned by institutional investors.
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.
