Healthcare Realty Trust Incorporated (NYSE:HR) Given Average Recommendation of “Hold” by Brokerages

Healthcare Realty Trust Incorporated (NYSE:HR) has received a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $18.4286.

Several analysts have issued reports on HR shares. Raymond James Financial lowered shares of Healthcare Realty Trust from a “market perform” rating to an “underperform” rating in a research report on Monday, September 15th. Scotiabank raised shares of Healthcare Realty Trust from a “sector perform” rating to a “sector outperform” rating and lifted their price objective for the stock from $18.00 to $20.00 in a research report on Friday, September 5th. Weiss Ratings reissued a “sell (d+)” rating on shares of Healthcare Realty Trust in a research report on Saturday, September 27th. BTIG Research reissued a “buy” rating and issued a $20.00 price target on shares of Healthcare Realty Trust in a report on Monday, September 29th. Finally, Cantor Fitzgerald assumed coverage on Healthcare Realty Trust in a report on Wednesday. They set an “overweight” rating and a $23.00 price objective for the company.

Healthcare Realty Trust Price Performance

Shares of NYSE:HR opened at $17.89 on Tuesday. The company’s 50-day moving average price is $17.28 and its two-hundred day moving average price is $16.13. Healthcare Realty Trust has a one year low of $14.09 and a one year high of $18.82. The stock has a market capitalization of $6.29 billion, a PE ratio of -15.56 and a beta of 0.96.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings results on Thursday, July 31st. The real estate investment trust reported $0.41 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. Healthcare Realty Trust had a negative net margin of 32.95% and a negative return on equity of 7.70%. The firm had revenue of $287.07 million for the quarter, compared to analysts’ expectations of $290.83 million. During the same period in the previous year, the firm posted $0.38 EPS. Healthcare Realty Trust has set its FY 2025 guidance at 1.570-1.610 EPS. On average, analysts anticipate that Healthcare Realty Trust will post 1.59 earnings per share for the current fiscal year.

Healthcare Realty Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.4%. Healthcare Realty Trust’s dividend payout ratio (DPR) is currently -83.48%.

Insiders Place Their Bets

In other news, Director Thomas N. Bohjalian bought 10,000 shares of the company’s stock in a transaction dated Wednesday, August 13th. The stock was bought at an average price of $16.46 per share, with a total value of $164,600.00. Following the completion of the acquisition, the director owned 75,520 shares of the company’s stock, valued at $1,243,059.20. This represents a 15.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Julie F. Wilson sold 15,000 shares of Healthcare Realty Trust stock in a transaction on Friday, September 5th. The stock was sold at an average price of $18.00, for a total value of $270,000.00. Following the sale, the executive vice president directly owned 113,419 shares of the company’s stock, valued at $2,041,542. This represents a 11.68% decrease in their position. The disclosure for this sale can be found here. 0.37% of the stock is currently owned by company insiders.

Institutional Trading of Healthcare Realty Trust

Several large investors have recently modified their holdings of HR. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Healthcare Realty Trust by 21.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 53,501 shares of the real estate investment trust’s stock worth $907,000 after purchasing an additional 9,467 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Healthcare Realty Trust by 1,650.4% during the 1st quarter. GAMMA Investing LLC now owns 138,022 shares of the real estate investment trust’s stock worth $23,330,000 after purchasing an additional 130,137 shares in the last quarter. Peak Financial Advisors LLC grew its holdings in shares of Healthcare Realty Trust by 6.8% during the 1st quarter. Peak Financial Advisors LLC now owns 11,413 shares of the real estate investment trust’s stock worth $193,000 after purchasing an additional 728 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Healthcare Realty Trust by 73.3% during the 1st quarter. UMB Bank n.a. now owns 3,024 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 1,279 shares in the last quarter. Finally, Capital Investment Advisors LLC grew its holdings in shares of Healthcare Realty Trust by 18.5% during the 1st quarter. Capital Investment Advisors LLC now owns 556,293 shares of the real estate investment trust’s stock worth $9,401,000 after purchasing an additional 86,970 shares in the last quarter.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.