Healthcare Realty Trust (NYSE:HR) Rating Increased to Moderate Buy at Raymond James Financial

Healthcare Realty Trust (NYSE:HR) was upgraded by research analysts at Raymond James Financial to a “moderate buy” rating in a research report issued on Tuesday,Zacks.com reports.

Several other equities analysts have also recently weighed in on HR. UBS Group raised their target price on shares of Healthcare Realty Trust from $18.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Royal Bank Of Canada boosted their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “sector perform” rating in a research report on Thursday, May 14th. Citigroup boosted their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. BTIG Research reaffirmed a “buy” rating and set a $22.00 price objective on shares of Healthcare Realty Trust in a research report on Friday, June 12th. Finally, Scotiabank upped their price objective on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Healthcare Realty Trust currently has an average rating of “Hold” and a consensus target price of $21.11.

Healthcare Realty Trust Stock Down 2.1%

NYSE HR opened at $20.06 on Tuesday. Healthcare Realty Trust has a 12-month low of $14.92 and a 12-month high of $20.90. The company has a market capitalization of $6.95 billion, a PE ratio of -34.59 and a beta of 0.98. The firm’s 50 day moving average is $19.44 and its 200-day moving average is $18.15.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (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 company had revenue of $275.28 million for the quarter, compared to the consensus estimate of $283.01 million. During the same period last year, the company earned $0.39 earnings per share. The firm’s revenue was down 7.7% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, sell-side analysts expect that Healthcare Realty Trust will post 1.61 EPS for the current year.

Institutional Trading of Healthcare Realty Trust

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE grew its position in shares of Healthcare Realty Trust by 13.3% during the 1st quarter. Bank of America Corp DE now owns 2,208,965 shares of the real estate investment trust’s stock worth $37,530,000 after buying an additional 259,782 shares during the period. Edgestream Partners L.P. bought a new position in shares of Healthcare Realty Trust in the 1st quarter worth $6,490,000. Amundi lifted its holdings in shares of Healthcare Realty Trust by 2.8% in the 1st quarter. Amundi now owns 191,204 shares of the real estate investment trust’s stock worth $3,249,000 after purchasing an additional 5,207 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in Healthcare Realty Trust by 72.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 7,017 shares of the real estate investment trust’s stock valued at $119,000 after buying an additional 2,949 shares during the last quarter. Finally, California State Teachers Retirement System raised its position in Healthcare Realty Trust by 24.6% in the 1st quarter. California State Teachers Retirement System now owns 396,973 shares of the real estate investment trust’s stock valued at $6,745,000 after buying an additional 78,372 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.