Healthcare Realty Trust Incorporated (NYSE:HR) Stock Has Average Price Target of $21.70 According to Analysts

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have been given a consensus rating of “Hold” by the eleven analysts that are presently covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $21.40.

Several analysts recently issued reports on HR shares. Wells Fargo & Company reduced their price objective on shares of Healthcare Realty Trust from $21.00 to $20.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 1st. Weiss Ratings raised shares of Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Jefferies Financial Group assumed coverage on shares of Healthcare Realty Trust in a research note on Tuesday, September 15th. They set a “hold” rating and a $20.00 target price for the company. Royal Bank Of Canada lifted their price target on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the company a “sector perform” rating in a research report on Friday, August 7th. Finally, UBS Group decreased their price objective on shares of Healthcare Realty Trust from $21.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, COO Robert Hull sold 21,000 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $19.11, for a total transaction of $401,310.00. Following the transaction, the chief operating officer directly owned 276,338 shares in the company, valued at $5,280,819.18. This represents a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.56% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Healthcare Realty Trust

Institutional investors have recently modified their holdings of the company. Resolution Capital Ltd grew its position in Healthcare Realty Trust by 72.4% in the 1st quarter. Resolution Capital Ltd now owns 14,034,367 shares of the real estate investment trust’s stock valued at $238,444,000 after acquiring an additional 5,892,501 shares in the last quarter. Centersquare Investment Management LLC grew its holdings in shares of Healthcare Realty Trust by 38.0% in the fourth quarter. Centersquare Investment Management LLC now owns 5,970,456 shares of the real estate investment trust’s stock valued at $101,199,000 after purchasing an additional 1,645,208 shares in the last quarter. Renaissance Technologies LLC increased its stake in Healthcare Realty Trust by 100.0% during the 1st quarter. Renaissance Technologies LLC now owns 1,549,172 shares of the real estate investment trust’s stock worth $26,320,000 after buying an additional 774,500 shares during the period. Cohen & Steers Inc. increased its stake in Healthcare Realty Trust by 1.3% during the 4th quarter. Cohen & Steers Inc. now owns 56,305,460 shares of the real estate investment trust’s stock worth $954,424,000 after buying an additional 744,729 shares during the period. Finally, Sei Investments Co. lifted its holdings in Healthcare Realty Trust by 20.0% during the 1st quarter. Sei Investments Co. now owns 3,942,866 shares of the real estate investment trust’s stock worth $66,989,000 after buying an additional 656,968 shares in the last quarter.

Healthcare Realty Trust Stock Performance

Shares of NYSE HR traded up $0.12 during midday trading on Friday, reaching $17.48. 6,641,499 shares of the stock were exchanged, compared to its average volume of 4,972,058. The stock has a market capitalization of $5.99 billion, a P/E ratio of -67.25 and a beta of 0.97. The company has a 50 day simple moving average of $18.47 and a 200 day simple moving average of $19.34. Healthcare Realty Trust has a twelve month low of $16.31 and a twelve month high of $22.04.

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

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th were given a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.96 dividend on an annualized basis and a yield of 5.5%. Healthcare Realty Trust’s payout ratio is presently -369.23%.

About Healthcare Realty Trust

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.