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

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have been assigned a consensus rating of “Hold” from the five ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $17.00.

HR has been the subject of several recent research reports. Wedbush restated an “outperform” rating and set a $16.00 target price on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Scotiabank dropped their target price on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a report on Friday, December 20th. Jefferies Financial Group downgraded shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their target price for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, Wells Fargo & Company lowered their price target on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an “underweight” rating for the company in a report on Monday.

Insider Transactions at Healthcare Realty Trust

In related news, COO Robert E. Hull sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total value of $174,800.00. Following the completion of the sale, the chief operating officer now directly owns 171,400 shares in the company, valued at approximately $2,996,072. The trade was a 5.51 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.56% of the company’s stock.

Institutional Investors Weigh In On Healthcare Realty Trust

A number of institutional investors have recently bought and sold shares of the stock. Smartleaf Asset Management LLC grew its holdings in Healthcare Realty Trust by 59.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 612 shares during the period. O Shaughnessy Asset Management LLC lifted its position in Healthcare Realty Trust by 6.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,530 shares of the real estate investment trust’s stock valued at $195,000 after buying an additional 706 shares in the last quarter. ProShare Advisors LLC lifted its position in Healthcare Realty Trust by 4.8% during the fourth quarter. ProShare Advisors LLC now owns 16,581 shares of the real estate investment trust’s stock valued at $281,000 after buying an additional 756 shares in the last quarter. Pacer Advisors Inc. lifted its position in Healthcare Realty Trust by 1.1% during the fourth quarter. Pacer Advisors Inc. now owns 70,776 shares of the real estate investment trust’s stock valued at $1,200,000 after buying an additional 786 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of Healthcare Realty Trust by 4.1% during the fourth quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust’s stock worth $342,000 after purchasing an additional 793 shares in the last quarter.

Healthcare Realty Trust Stock Down 0.3 %

Shares of NYSE HR opened at $16.27 on Friday. Healthcare Realty Trust has a 52 week low of $12.77 and a 52 week high of $18.90. The firm has a 50-day moving average price of $16.59 and a 200 day moving average price of $17.32. The stock has a market capitalization of $5.71 billion, a price-to-earnings ratio of -9.14 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.40 EPS for the quarter, beating the consensus estimate of $0.39 by $0.01. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The firm had revenue of $309.77 million during the quarter, compared to analysts’ expectations of $303.81 million. During the same quarter last year, the business earned $0.39 earnings per share. The business’s revenue for the quarter was down 6.3% compared to the same quarter last year. Equities research analysts expect that Healthcare Realty Trust will post 1.59 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 7.62%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -69.66%.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.