Healthcare Realty Trust Incorporated (HR) Given “Hold” Rating at Mizuho

Mizuho reiterated their hold rating on shares of Healthcare Realty Trust Incorporated (NYSE:HR) in a report published on Friday. Mizuho currently has a $35.00 price objective on the real estate investment trust’s stock.

Several other brokerages also recently issued reports on HR. BidaskClub downgraded shares of Healthcare Realty Trust from a buy rating to a hold rating in a research note on Friday, June 30th. Zacks Investment Research downgraded shares of Healthcare Realty Trust from a hold rating to a sell rating in a research note on Wednesday, September 13th. KeyCorp reiterated a sell rating and issued a $25.00 target price on shares of Healthcare Realty Trust in a research note on Thursday, August 24th. Jefferies Group LLC reiterated a hold rating and issued a $36.00 target price on shares of Healthcare Realty Trust in a research note on Monday, July 17th. Finally, Stifel Nicolaus reiterated a buy rating on shares of Healthcare Realty Trust in a research note on Friday, August 4th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $33.29.

Shares of Healthcare Realty Trust (NYSE:HR) traded up 1.67% during trading on Friday, reaching $32.33. 893,025 shares of the company traded hands. Healthcare Realty Trust has a 12-month low of $26.66 and a 12-month high of $36.25. The stock has a market capitalization of $3.77 billion, a P/E ratio of 31.09 and a beta of 0.31. The firm’s 50 day moving average is $32.70 and its 200-day moving average is $33.23.

Healthcare Realty Trust (NYSE:HR) last issued its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). The firm had revenue of $105.20 million during the quarter, compared to the consensus estimate of $105.67 million. Healthcare Realty Trust had a return on equity of 7.38% and a net margin of 28.98%. The company’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.42 EPS. On average, equities research analysts anticipate that Healthcare Realty Trust will post $0.70 earnings per share for the current fiscal year.

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In related news, Director John Knox Singleton acquired 3,450 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were bought at an average price of $31.88 per share, for a total transaction of $109,986.00. Following the completion of the transaction, the director now directly owns 17,693 shares in the company, valued at $564,052.84. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.85% of the stock is owned by corporate insiders.

A number of institutional investors have recently modified their holdings of the stock. Neuberger Berman Group LLC lifted its position in Healthcare Realty Trust by 0.7% during the second quarter. Neuberger Berman Group LLC now owns 6,267 shares of the real estate investment trust’s stock valued at $214,000 after purchasing an additional 46 shares during the period. Teacher Retirement System of Texas lifted its position in Healthcare Realty Trust by 0.7% during the second quarter. Teacher Retirement System of Texas now owns 9,317 shares of the real estate investment trust’s stock valued at $318,000 after purchasing an additional 66 shares during the period. PNC Financial Services Group Inc. lifted its position in Healthcare Realty Trust by 1.2% during the second quarter. PNC Financial Services Group Inc. now owns 6,219 shares of the real estate investment trust’s stock valued at $212,000 after purchasing an additional 72 shares during the period. Bank of Montreal Can lifted its position in Healthcare Realty Trust by 1.3% during the second quarter. Bank of Montreal Can now owns 6,466 shares of the real estate investment trust’s stock valued at $221,000 after purchasing an additional 84 shares during the period. Finally, Stifel Financial Corp lifted its position in Healthcare Realty Trust by 1.0% during the first quarter. Stifel Financial Corp now owns 9,648 shares of the real estate investment trust’s stock valued at $314,000 after purchasing an additional 100 shares during the period. Institutional investors own 91.82% of the company’s stock.

About Healthcare Realty Trust

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.

Analyst Recommendations for Healthcare Realty Trust (NYSE:HR)

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