Healthcare Realty Trust (NYSE:HR) Sees Strong Trading Volume After Analyst Upgrade

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) saw unusually-high trading volume on Tuesday after Cantor Fitzgerald raised their price target on the stock from $21.00 to $22.00. Cantor Fitzgerald currently has an overweight rating on the stock. Approximately 10,197,319 shares were traded during trading, an increase of 185% from the previous session’s volume of 3,580,217 shares.The stock last traded at $19.7980 and had previously closed at $19.58.

A number of other brokerages have also weighed in on HR. UBS Group initiated coverage on shares of Healthcare Realty Trust in a research note on Monday, April 20th. They issued a “neutral” rating and a $18.00 price target for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Healthcare Realty Trust in a research note on Friday, March 27th. Finally, Wall Street Zen upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $19.25.

Insider Buying and Selling at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian purchased 10,000 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were acquired 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 of the company’s stock, valued at $1,547,056.80. The trade was a 13.24% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Allianz Asset Management GmbH raised its position in Healthcare Realty Trust by 36.3% during the third quarter. Allianz Asset Management GmbH now owns 527,024 shares of the real estate investment trust’s stock valued at $9,502,000 after acquiring an additional 140,396 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Healthcare Realty Trust by 8.8% in the third quarter. Thrivent Financial for Lutherans now owns 5,018,021 shares of the real estate investment trust’s stock valued at $90,475,000 after acquiring an additional 404,855 shares during the last quarter. Liberty One Investment Management LLC grew its position in Healthcare Realty Trust by 30.2% in the third quarter. Liberty One Investment Management LLC now owns 407,463 shares of the real estate investment trust’s stock worth $7,347,000 after acquiring an additional 94,568 shares in the last quarter. Cinctive Capital Management LP increased its stake in shares of Healthcare Realty Trust by 258.9% during the 3rd quarter. Cinctive Capital Management LP now owns 189,551 shares of the real estate investment trust’s stock worth $3,418,000 after purchasing an additional 136,734 shares during the last quarter. Finally, Bayhunt Capital LLC acquired a new position in shares of Healthcare Realty Trust during the 4th quarter worth $6,216,000.

Healthcare Realty Trust Trading Up 1.6%

The business’s fifty day moving average price is $18.00 and its two-hundred day moving average price is $17.69. The firm has a market cap of $6.94 billion, a P/E ratio of -34.24 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $275.28 million during the quarter, compared to analysts’ expectations of $283.01 million. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. Healthcare Realty Trust’s revenue for the quarter was down 7.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.39 earnings per share. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. Research analysts predict that Healthcare Realty Trust Incorporated will post 1.61 EPS for the current fiscal year.

Healthcare Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 11th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.8%. Healthcare Realty Trust’s dividend payout ratio is currently -165.52%.

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.