Healthcare Realty Trust (NYSE:HR) Price Target Cut to $18.00 by Analysts at UBS Group

Healthcare Realty Trust (NYSE:HR) had its price objective dropped by equities research analysts at UBS Group from $21.00 to $18.00 in a research report issued on Tuesday, Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. UBS Group’s price objective would suggest a potential upside of 4.40% from the stock’s previous close.

A number of other research firms also recently weighed in on HR. Weiss Ratings upgraded shares of Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Jefferies Financial Group assumed coverage on shares of Healthcare Realty Trust in a report on Tuesday, September 15th. They issued a “hold” rating and a $20.00 price target for the company. Cantor Fitzgerald lifted their price target on Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. JPMorgan Chase & Co. lifted their price target on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Finally, Raymond James Financial began coverage on Healthcare Realty Trust in a research note on Tuesday, June 16th. They set an “outperform” rating and a $24.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $21.40.

Healthcare Realty Trust Trading Up 0.2%

HR traded up $0.03 during trading hours on Tuesday, hitting $17.24. The company’s stock had a trading volume of 4,466,602 shares, compared to its average volume of 3,894,745. The business’s 50-day moving average price is $18.70 and its 200-day moving average price is $19.35. Healthcare Realty Trust has a 12 month low of $16.31 and a 12 month high of $22.04. The stock has a market cap of $5.91 billion, a price-to-earnings ratio of -66.32 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.53). Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The business had revenue of $278.58 million for the quarter, compared to analysts’ expectations of $271.60 million. During the same period in the previous year, the company earned $0.41 EPS. Healthcare Realty Trust’s revenue for the quarter was down 5.3% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. On average, analysts forecast that Healthcare Realty Trust will post 1.65 earnings per share for the current year.

Insiders Place Their Bets

In other Healthcare Realty Trust news, COO Robert Hull sold 21,000 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total transaction of $401,310.00. Following the transaction, the chief operating officer owned 276,338 shares in the company, valued at $5,280,819.18. The trade was a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.56% of the stock is owned by company insiders.

Hedge Funds Weigh In On Healthcare Realty Trust

A number of large investors have recently made changes to their positions in the company. Baldwin Wealth Partners LLC MA purchased a new stake in Healthcare Realty Trust in the 3rd quarter worth about $215,000. Armstrong Advisory Group Inc. purchased a new position in shares of Healthcare Realty Trust during the third quarter valued at approximately $346,000. GAMMA Investing LLC purchased a new position in shares of Healthcare Realty Trust during the third quarter valued at approximately $222,000. Farther Finance Advisors LLC purchased a new position in shares of Healthcare Realty Trust during the third quarter valued at approximately $68,000. Finally, Pensionfund PDN bought a new position in shares of Healthcare Realty Trust during the third quarter valued at approximately $1,059,000.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated (NYSE:HR) is a real estate investment trust focused on owning, operating, and developing healthcare-related properties. The company primarily serves outpatient healthcare providers, including hospitals, health systems, physician groups, and other medical organizations.

Its portfolio is centered on outpatient facilities such as medical office buildings, ambulatory surgery centers, and other properties that support healthcare delivery outside traditional hospitals.