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

Shares of Healthcare Realty Trust Incorporated (NYSE:HRGet Free Report) have been given a consensus rating of “Hold” by the nine brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $21.6250.

HR has been the topic of several analyst reports. Royal Bank Of Canada boosted their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “sector perform” rating in a report on Thursday, May 14th. Cantor Fitzgerald lifted their target price on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Wells Fargo & Company upped their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Weiss Ratings lowered shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Finally, Citigroup raised their price target on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th.

View Our Latest Stock Report on Healthcare Realty Trust

Healthcare Realty Trust Trading Up 1.9%

HR traded up $0.39 on Thursday, hitting $20.79. 442,138 shares of the stock traded hands, compared to its average volume of 3,855,422. The business has a fifty day moving average price of $20.04 and a two-hundred day moving average price of $18.40. The firm has a market capitalization of $7.20 billion, a PE ratio of -35.85 and a beta of 0.98. Healthcare Realty Trust has a 52 week low of $15.28 and a 52 week high of $20.90.

Healthcare Realty Trust (NYSE:HRGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $275.28 million for the quarter, compared to analyst estimates of $283.01 million. Healthcare Realty Trust had a negative return on equity of 4.29% and a negative net margin of 17.34%.Healthcare Realty Trust’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. On average, equities research analysts forecast that Healthcare Realty Trust will post 1.62 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were issued a $0.24 dividend. The ex-dividend date of this dividend was Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.6%. Healthcare Realty Trust’s dividend payout ratio is presently -165.52%.

Insider Activity at Healthcare Realty Trust

In related news, CAO Amanda L. Callaway sold 25,767 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total value of $524,873.79. Following the sale, the chief accounting officer owned 109,954 shares of the company’s stock, valued at $2,239,762.98. The trade was a 18.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.56% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd bought a new position in Healthcare Realty Trust in the 1st quarter valued at $205,000. Empowered Funds LLC bought a new position in Healthcare Realty Trust during the first quarter worth about $202,000. Invesco Ltd. boosted its holdings in Healthcare Realty Trust by 48.9% during the second quarter. Invesco Ltd. now owns 2,307,109 shares of the real estate investment trust’s stock worth $36,591,000 after buying an additional 757,542 shares during the last quarter. First Trust Advisors LP grew its position in shares of Healthcare Realty Trust by 314.1% during the 2nd quarter. First Trust Advisors LP now owns 223,125 shares of the real estate investment trust’s stock worth $3,539,000 after buying an additional 169,248 shares during the period. Finally, Amundi grew its position in shares of Healthcare Realty Trust by 154.0% during the 2nd quarter. Amundi now owns 519,816 shares of the real estate investment trust’s stock worth $8,343,000 after buying an additional 315,179 shares during the period.

Healthcare Realty Trust Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Healthcare Realty Trust (NYSE:HR)

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