Healthcare Realty Trust Incorporated (NYSE:HR – Get Free Report) has received a consensus rating of “Hold” from the ten analysts that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $22.00.
A number of equities analysts recently issued reports on the company. BTIG Research restated a “buy” rating and issued a $22.00 target price on shares of Healthcare Realty Trust in a research note on Friday, June 12th. UBS Group boosted their price target on Healthcare Realty Trust from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Weiss Ratings upgraded Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. increased their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. Finally, Wells Fargo & Company raised their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st.
Healthcare Realty Trust Trading Up 0.4%
Healthcare Realty Trust (NYSE:HR – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.40 by ($0.53). The company had revenue of $278.58 million for the quarter, compared to analyst estimates of $271.60 million. Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%.The company’s quarterly revenue was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.41 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. On average, sell-side analysts predict that Healthcare Realty Trust will post 1.65 EPS for the current fiscal year.
Healthcare Realty Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th will be given a $0.24 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $0.96 dividend on an annualized basis and a yield of 4.9%. Healthcare Realty Trust’s dividend payout ratio is currently -369.23%.
Insiders Place Their Bets
In other Healthcare Realty Trust news, CAO Amanda L. Callaway sold 25,767 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $20.37, for a total transaction of $524,873.79. Following the completion of the transaction, the chief accounting officer directly owned 109,954 shares of the company’s stock, valued at approximately $2,239,762.98. This trade represents a 18.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.56% of the company’s stock.
Institutional Trading of Healthcare Realty Trust
Several large investors have recently made changes to their positions in the business. Fifth Third Wealth Advisors LLC raised its position in Healthcare Realty Trust by 4.8% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 12,580 shares of the real estate investment trust’s stock valued at $214,000 after purchasing an additional 579 shares during the last quarter. US Bancorp DE boosted its stake in Healthcare Realty Trust by 5.8% during the 3rd quarter. US Bancorp DE now owns 10,959 shares of the real estate investment trust’s stock worth $198,000 after purchasing an additional 602 shares during the period. Versant Capital Management Inc grew its position in Healthcare Realty Trust by 48.2% during the 2nd quarter. Versant Capital Management Inc now owns 2,274 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 740 shares during the last quarter. State of Michigan Retirement System grew its position in Healthcare Realty Trust by 1.1% during the 1st quarter. State of Michigan Retirement System now owns 83,953 shares of the real estate investment trust’s stock worth $1,426,000 after purchasing an additional 900 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Healthcare Realty Trust by 4.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 25,337 shares of the real estate investment trust’s stock worth $429,000 after purchasing an additional 1,012 shares during 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.
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