Healthcare Realty Trust Inc (NYSE:HR) has earned a consensus recommendation of “Hold” from the eleven research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $32.43.
A number of research firms have weighed in on HR. SunTrust Banks set a $30.00 price target on Healthcare Realty Trust and gave the stock a “hold” rating in a research report on Thursday, February 15th. Cantor Fitzgerald reissued a “buy” rating and issued a $38.00 price objective on shares of Healthcare Realty Trust in a report on Wednesday, February 14th. Stifel Nicolaus reissued a “buy” rating and issued a $34.00 price objective on shares of Healthcare Realty Trust in a report on Friday, November 3rd. Zacks Investment Research raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Monday, October 30th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $32.00 price objective on shares of Healthcare Realty Trust in a report on Friday, February 16th.
In other Healthcare Realty Trust news, insider Todd J. Meredith sold 4,720 shares of the firm’s stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $32.77, for a total transaction of $154,674.40. Following the completion of the sale, the insider now owns 414,981 shares of the company’s stock, valued at approximately $13,598,927.37. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP John M. Bryant, Jr. sold 6,638 shares of the firm’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $32.38, for a total value of $214,938.44. Following the sale, 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. In the last three months, insiders sold 16,847 shares of company stock valued at $551,491. 1.85% of the stock is currently owned by insiders.
A number of institutional investors have recently made changes to their positions in HR. Quantbot Technologies LP acquired a new stake in Healthcare Realty Trust during the 3rd quarter valued at $130,000. Wolverine Asset Management LLC acquired a new stake in Healthcare Realty Trust during the 4th quarter valued at $204,000. Dynamic Technology Lab Private Ltd acquired a new stake in Healthcare Realty Trust during the 3rd quarter valued at $218,000. Envestnet Asset Management Inc. lifted its holdings in Healthcare Realty Trust by 59.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 6,877 shares of the real estate investment trust’s stock valued at $221,000 after purchasing an additional 2,566 shares during the last quarter. Finally, Verition Fund Management LLC acquired a new stake in Healthcare Realty Trust during the 4th quarter valued at $222,000. 95.59% of the stock is owned by institutional investors and hedge funds.
Healthcare Realty Trust (NYSE:HR) traded down $0.58 during midday trading on Friday, reaching $26.90. The company had a trading volume of 598,604 shares, compared to its average volume of 862,491. Healthcare Realty Trust has a twelve month low of $26.74 and a twelve month high of $36.25. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.72. The company has a market cap of $3,430.00, a PE ratio of 122.59, a price-to-earnings-growth ratio of 4.18 and a beta of 0.20.
Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, February 14th. The real estate investment trust reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). Healthcare Realty Trust had a return on equity of 1.33% and a net margin of 5.44%. The firm had revenue of $107.70 million for the quarter, compared to analyst estimates of $109.91 million. During the same period last year, the company earned $0.41 EPS. The company’s revenue was up 2.3% compared to the same quarter last year. analysts anticipate that Healthcare Realty Trust will post 1.65 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 6th. Stockholders of record on Friday, February 23rd will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.46%. The ex-dividend date is Thursday, February 22nd. Healthcare Realty Trust’s payout ratio is presently 545.45%.
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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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