UBS Group Begins Coverage on Healthcare Realty Trust (NYSE:HR)

Research analysts at UBS Group began coverage on shares of Healthcare Realty Trust (NYSE:HR) in a note issued to investors on Monday. The brokerage set a “neutral” rating and a $18.00 price target on the real estate investment trust’s stock. UBS Group’s target price points to a potential downside of 2.89% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings restated a “hold (c)” rating on shares of Healthcare Realty Trust in a report on Friday, March 27th. Cantor Fitzgerald lifted their price objective on Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “overweight” rating in a report on Tuesday, February 17th. Finally, Wall Street Zen upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $18.78.

Healthcare Realty Trust Stock Down 0.1%

NYSE:HR opened at $18.54 on Monday. The firm’s fifty day simple moving average is $17.87 and its 200 day simple moving average is $17.66. The stock has a market cap of $6.47 billion, a P/E ratio of -26.11 and a beta of 0.97. Healthcare Realty Trust has a twelve month low of $14.09 and a twelve month high of $18.97.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.04 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.36). Healthcare Realty Trust had a negative return on equity of 5.07% and a negative net margin of 20.84%.The company had revenue of $282.69 million during the quarter, compared to the consensus estimate of $284.37 million. During the same quarter last year, the company posted $0.40 earnings per share. The firm’s revenue for the quarter was down 7.6% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.580-1.640 EPS. On average, analysts expect that Healthcare Realty Trust will post 1.59 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Thomas N. Bohjalian purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average cost of $18.09 per share, with a total value of $180,900.00. Following the completion of the purchase, the director owned 85,520 shares in the company, valued at approximately $1,547,056.80. This represents a 13.24% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.37% of the stock is currently owned by insiders.

Institutional Trading of Healthcare Realty Trust

Several hedge funds have recently made changes to their positions in the business. Wiser Advisor Group LLC purchased a new position in Healthcare Realty Trust in the third quarter worth about $25,000. Smartleaf Asset Management LLC lifted its stake in shares of Healthcare Realty Trust by 179.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,608 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 1,033 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth approximately $32,000. Eurizon Capital SGR S.p.A. purchased a new position in Healthcare Realty Trust during the 4th quarter valued at $37,000. Finally, Prosperity Bancshares Inc purchased a new stake in shares of Healthcare Realty Trust during the fourth quarter valued at $42,000.

About Healthcare Realty Trust

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.