BMO Capital Markets downgraded shares of Healthcare Realty Trust (NYSE:HR) from an outperform rating to a market perform rating in a research report released on Tuesday, January 9th. They currently have $33.00 target price on the real estate investment trust’s stock.
Other equities analysts also recently issued reports about the company. KeyCorp reaffirmed a sell rating and issued a $25.00 price target on shares of Healthcare Realty Trust in a report on Tuesday, September 26th. Stifel Nicolaus reiterated a buy rating and issued a $34.00 price objective on shares of Healthcare Realty Trust in a research note on Friday, November 3rd. Zacks Investment Research upgraded Healthcare Realty Trust from a sell rating to a hold rating in a research note on Monday, October 30th. Morgan Stanley boosted their price objective on Healthcare Realty Trust from $32.50 to $34.00 and gave the company an overweight rating in a research note on Monday, September 25th. Finally, Mizuho reiterated a hold rating and issued a $34.00 price objective on shares of Healthcare Realty Trust in a research note on Sunday, November 5th. Six equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $33.14.
Shares of Healthcare Realty Trust (NYSE HR) opened at $29.80 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.82 and a quick ratio of 2.82. The stock has a market cap of $3,721.73, a PE ratio of 30.72, a P/E/G ratio of 4.49 and a beta of 0.32. Healthcare Realty Trust has a fifty-two week low of $29.67 and a fifty-two week high of $36.25.
Healthcare Realty Trust (NYSE:HR) last issued 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 Zacks’ consensus estimate of $0.39 by ($0.01). Healthcare Realty Trust had a return on equity of 6.62% and a net margin of 26.70%. The business had revenue of $106.95 million for the quarter, compared to analysts’ expectations of $108.97 million. During the same quarter last year, the company earned $0.39 earnings per share. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. equities analysts predict that Healthcare Realty Trust will post 1.55 earnings per share for the current year.
In other Healthcare Realty Trust news, EVP Robert E. Hull sold 1,495 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $33.87, for a total value of $50,635.65. Following the sale, the executive vice president now directly owns 94,796 shares of the company’s stock, valued at approximately $3,210,740.52. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John Knox Singleton purchased 3,074 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was acquired at an average cost of $32.55 per share, for a total transaction of $100,058.70. The disclosure for this purchase can be found here. Insiders sold 16,847 shares of company stock worth $551,491 in the last three months. 1.85% of the stock is owned by corporate insiders.
Several institutional investors have recently added to or reduced their stakes in the company. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Healthcare Realty Trust during the 2nd quarter valued at about $1,779,000. Goldman Sachs Group Inc. raised its holdings in shares of Healthcare Realty Trust by 67.5% during the 2nd 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 during the period. Swiss National Bank raised its holdings in shares of Healthcare Realty Trust by 6.3% during the 3rd quarter. Swiss National Bank now owns 206,300 shares of the real estate investment trust’s stock valued at $6,672,000 after buying an additional 12,200 shares during the period. Public Employees Retirement System of Ohio raised its holdings in shares of Healthcare Realty Trust by 8.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 143,812 shares of the real estate investment trust’s stock valued at $4,651,000 after buying an additional 10,837 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in shares of Healthcare Realty Trust by 5.3% during the 2nd 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 during the period. Institutional investors own 94.83% of the company’s stock.
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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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