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

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have earned an average rating of “Hold” from the ten research firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $20.25.

A number of analysts have commented on HR shares. Scotiabank boosted their price target on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Royal Bank Of Canada boosted their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 14th. Weiss Ratings downgraded shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. UBS Group boosted their target price on shares of Healthcare Realty Trust from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Cantor Fitzgerald boosted their target price on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, May 4th.

Healthcare Realty Trust Trading Down 0.9%

HR stock opened at $20.21 on Wednesday. Healthcare Realty Trust has a 52 week low of $14.09 and a 52 week high of $20.58. The company has a market capitalization of $7.00 billion, a price-to-earnings ratio of -34.85 and a beta of 0.97. The firm’s 50-day moving average is $18.38 and its two-hundred day moving average is $17.83.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The company had revenue of $275.28 million for the quarter, compared to the consensus estimate of $283.01 million. During the same period in the previous year, the firm earned $0.39 EPS. Healthcare Realty Trust’s revenue was down 7.7% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, equities research analysts predict that Healthcare Realty Trust will post 1.61 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 11th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Monday, May 11th. Healthcare Realty Trust’s payout ratio is presently -165.52%.

Insider Activity at Healthcare Realty Trust

In other Healthcare Realty Trust news, Director Thomas N. Bohjalian bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average cost of $18.09 per share, for a total transaction of $180,900.00. Following the acquisition, the director directly owned 85,520 shares of the company’s stock, valued at $1,547,056.80. This trade represents a 13.24% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. 0.56% of the stock is owned by insiders.

Institutional Trading of Healthcare Realty Trust

Hedge funds and other institutional investors have recently made changes to their positions in the business. Allianz Asset Management GmbH raised its holdings in shares of Healthcare Realty Trust by 36.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 527,024 shares of the real estate investment trust’s stock worth $9,502,000 after purchasing an additional 140,396 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Healthcare Realty Trust by 8.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 5,018,021 shares of the real estate investment trust’s stock worth $90,475,000 after purchasing an additional 404,855 shares in the last quarter. Aberdeen Group plc raised its holdings in shares of Healthcare Realty Trust by 26.2% in the 4th quarter. Aberdeen Group plc now owns 391,201 shares of the real estate investment trust’s stock worth $6,631,000 after purchasing an additional 81,273 shares in the last quarter. Liberty One Investment Management LLC raised its holdings in shares of Healthcare Realty Trust by 30.2% in the 3rd quarter. Liberty One Investment Management LLC now owns 407,463 shares of the real estate investment trust’s stock worth $7,347,000 after purchasing an additional 94,568 shares in the last quarter. Finally, Cinctive Capital Management LP increased its position in shares of Healthcare Realty Trust by 258.9% in the third quarter. Cinctive Capital Management LP now owns 189,551 shares of the real estate investment trust’s stock worth $3,418,000 after acquiring an additional 136,734 shares in the last quarter.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.