Analysts Set Healthcare Realty Trust Incorporated (NYSE:HR) Price Target at $21.89

Healthcare Realty Trust Incorporated (NYSE:HR) has been assigned a consensus recommendation of “Hold” from the eleven ratings firms that are currently covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $21.70.

Several research firms have commented on HR. Cantor Fitzgerald upped their target price on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. BTIG Research reaffirmed a “buy” rating and set a $22.00 price target on shares of Healthcare Realty Trust in a report on Friday, June 12th. Raymond James Financial began coverage on Healthcare Realty Trust in a report on Tuesday, June 16th. They issued an “outperform” rating and a $24.00 price objective for the company. Royal Bank Of Canada lifted their target price on Healthcare Realty Trust from $21.00 to $22.00 and gave the company a “sector perform” rating in a research note on Friday, August 7th. Finally, UBS Group increased their price target on Healthcare Realty Trust from $20.00 to $21.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th.

Insiders Place Their Bets

In other news, CAO Amanda L. Callaway sold 25,767 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total transaction of $524,873.79. Following the completion of the sale, the chief accounting officer directly owned 109,954 shares of the company’s stock, valued at $2,239,762.98. This trade represents a 18.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Robert E. Hull sold 21,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total value of $401,310.00. Following the completion of the sale, the chief operating officer directly owned 276,338 shares of the company’s stock, valued at approximately $5,280,819.18. The trade was a 7.06% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Healthcare Realty Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tidal Investments LLC grew its position in Healthcare Realty Trust by 29.0% in the second quarter. Tidal Investments LLC now owns 30,955 shares of the real estate investment trust’s stock worth $624,000 after acquiring an additional 6,950 shares in the last quarter. Engineers Gate Manager LP lifted its stake in shares of Healthcare Realty Trust by 28.5% in the 2nd quarter. Engineers Gate Manager LP now owns 24,270 shares of the real estate investment trust’s stock valued at $490,000 after purchasing an additional 5,380 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of Healthcare Realty Trust by 237.4% in the 2nd quarter. NewEdge Advisors LLC now owns 50,704 shares of the real estate investment trust’s stock valued at $1,023,000 after purchasing an additional 35,676 shares during the last quarter. IFP Advisors Inc boosted its holdings in Healthcare Realty Trust by 310.4% in the second quarter. IFP Advisors Inc now owns 1,773 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 1,341 shares in the last quarter. Finally, Allworth Financial LP increased its position in Healthcare Realty Trust by 27.9% during the second quarter. Allworth Financial LP now owns 16,357 shares of the real estate investment trust’s stock worth $330,000 after buying an additional 3,571 shares during the last quarter.

Healthcare Realty Trust Price Performance

Shares of NYSE HR opened at $18.39 on Tuesday. Healthcare Realty Trust has a 1-year low of $16.31 and a 1-year high of $22.04. The business’s fifty day moving average price is $19.92 and its two-hundred day moving average price is $19.41. The firm has a market capitalization of $6.30 billion, a PE ratio of -70.72 and a beta of 0.95.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.53). The firm had revenue of $278.58 million for the quarter, compared to analyst estimates of $271.60 million. Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The business’s revenue was down 5.3% compared to the same quarter last year. During the same period last year, the firm posted $0.41 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. Equities research analysts expect that Healthcare Realty Trust will post 1.65 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend was Tuesday, August 11th. Healthcare Realty Trust’s payout ratio is -369.23%.

About Healthcare Realty Trust

Healthcare Realty Trust Incorporated is a real estate investment trust focused on owning, developing, acquiring, leasing and managing outpatient healthcare properties. Its portfolio primarily includes medical office buildings and other facilities that support outpatient care, such as ambulatory care centers and healthcare campuses.

The company serves healthcare providers across the United States, with properties generally located near hospitals and in major and growing markets. Its customers include health systems, physician groups and other healthcare providers.