Healthcare Realty Trust Incorporated (NYSE:HR) – Analysts at SunTrust Banks lowered their FY2017 EPS estimates for shares of Healthcare Realty Trust in a research report issued to clients and investors on Thursday. SunTrust Banks analyst E. Fleming now forecasts that the real estate investment trust will post earnings of $1.53 per share for the year, down from their prior estimate of $1.54. SunTrust Banks also issued estimates for Healthcare Realty Trust’s Q4 2017 earnings at $0.37 EPS.
Several other equities research analysts have also weighed in on HR. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $38.00 target price on shares of Healthcare Realty Trust in a research report on Tuesday, August 15th. Jefferies Group reaffirmed a “hold” rating and issued a $34.00 target price (down from $36.00) on shares of Healthcare Realty Trust in a research report on Thursday, August 10th. BMO Capital Markets reaffirmed a “buy” rating and issued a $34.00 target price on shares of Healthcare Realty Trust in a research report on Monday, October 2nd. BidaskClub raised Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Finally, KeyCorp reaffirmed a “sell” rating and issued a $25.00 target price on shares of Healthcare Realty Trust in a research report on Tuesday, September 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.29.
Shares of Healthcare Realty Trust (HR) opened at $32.88 on Monday. Healthcare Realty Trust has a 52-week low of $28.63 and a 52-week high of $36.25. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.63. The firm has a market capitalization of $4,143.85, a price-to-earnings ratio of 21.13, a price-to-earnings-growth ratio of 5.29 and a beta of 0.32.
Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.01). The firm had revenue of $106.95 million for the quarter, compared to analyst estimates of $108.97 million. Healthcare Realty Trust had a net margin of 26.70% and a return on equity of 6.62%. The business’s revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.39 earnings per share.
Several large investors have recently added to or reduced their stakes in HR. Schwab Charles Investment Management Inc. boosted its stake in Healthcare Realty Trust by 7.8% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,375,729 shares of the real estate investment trust’s stock valued at $46,982,000 after buying an additional 99,174 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. bought a new position in Healthcare Realty Trust during the second quarter valued at about $1,779,000. Goldman Sachs Group Inc. boosted its stake in Healthcare Realty Trust by 67.5% during the second quarter. Goldman Sachs Group Inc. now owns 661,865 shares of the real estate investment trust’s stock valued at $22,602,000 after buying an additional 266,676 shares in the last quarter. Federated Investors Inc. PA boosted its stake in Healthcare Realty Trust by 8.2% during the second quarter. Federated Investors Inc. PA now owns 729,925 shares of the real estate investment trust’s stock valued at $24,927,000 after buying an additional 55,473 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in Healthcare Realty Trust by 5.3% during the second quarter. Principal Financial Group Inc. now owns 494,937 shares of the real estate investment trust’s stock valued at $16,902,000 after buying an additional 24,822 shares in the last quarter. 95.75% of the stock is owned by institutional investors.
In other Healthcare Realty Trust news, Director John Knox Singleton purchased 3,074 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was bought at an average price of $32.55 per share, with a total value of $100,058.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.85% of the company’s stock.
The firm also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, November 15th. This represents a $1.20 annualized dividend and a dividend yield of 3.65%. Healthcare Realty Trust’s payout ratio is 123.71%.
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Healthcare Realty Trust Company Profile
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.
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