Berenberg Bank began coverage on shares of Healthcare Realty Trust (NYSE:HR) in a research report report published on Thursday morning, The Fly reports. The brokerage issued a buy rating on the real estate investment trust’s stock.

Several other research firms have also recently commented on HR. Capital One Financial reaffirmed an equal weight rating on shares of Healthcare Realty Trust in a report on Thursday, August 1st. Zacks Investment Research cut Healthcare Realty Trust from a hold rating to a sell rating in a report on Wednesday, July 17th. Citigroup started coverage on Healthcare Realty Trust in a report on Thursday, June 20th. They issued a neutral rating and a $34.00 price target for the company. Finally, ValuEngine lowered Healthcare Realty Trust from a buy rating to a hold rating in a research report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. Healthcare Realty Trust presently has an average rating of Hold and an average price target of $32.75.

NYSE:HR opened at $32.56 on Thursday. Healthcare Realty Trust has a one year low of $26.98 and a one year high of $33.89. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.13 and a current ratio of 0.13. The stock has a market cap of $4.31 billion, a PE ratio of 20.74, a P/E/G ratio of 9.62 and a beta of 0.33. The stock has a 50 day moving average price of $32.78 and a 200 day moving average price of $32.08.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Tuesday, July 30th. The real estate investment trust reported $0.03 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.37). Healthcare Realty Trust had a net margin of 7.08% and a return on equity of 1.83%. The company had revenue of $116.32 million during the quarter, compared to analyst estimates of $114.50 million. During the same period in the prior year, the business posted $0.40 EPS. Healthcare Realty Trust’s revenue for the quarter was up 4.2% compared to the same quarter last year. As a group, analysts predict that Healthcare Realty Trust will post 1.58 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were given a $0.30 dividend. The ex-dividend date was Wednesday, August 14th. This represents a $1.20 annualized dividend and a yield of 3.69%. Healthcare Realty Trust’s payout ratio is 76.43%.

A number of institutional investors have recently modified their holdings of HR. Price T Rowe Associates Inc. MD boosted its position in shares of Healthcare Realty Trust by 5.5% during the second quarter. Price T Rowe Associates Inc. MD now owns 9,117,172 shares of the real estate investment trust’s stock worth $285,550,000 after buying an additional 473,389 shares during the period. Capital Advisors Inc. OK boosted its position in shares of Healthcare Realty Trust by 313.3% during the second quarter. Capital Advisors Inc. OK now owns 335,793 shares of the real estate investment trust’s stock worth $10,517,000 after buying an additional 254,552 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Healthcare Realty Trust by 12.3% during the second quarter. Bank of New York Mellon Corp now owns 2,156,928 shares of the real estate investment trust’s stock worth $67,555,000 after buying an additional 235,936 shares during the period. Eaton Vance Management boosted its position in shares of Healthcare Realty Trust by 46.3% during the second quarter. Eaton Vance Management now owns 665,394 shares of the real estate investment trust’s stock worth $20,840,000 after buying an additional 210,438 shares during the period. Finally, FMR LLC boosted its position in shares of Healthcare Realty Trust by 3.6% during the first quarter. FMR LLC now owns 5,990,701 shares of the real estate investment trust’s stock worth $192,361,000 after buying an additional 209,843 shares during the period. Institutional investors own 96.66% of the company’s stock.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion.

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Analyst Recommendations for Healthcare Realty Trust (NYSE:HR)

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