Healthcare Realty Trust (NYSE:HR) Sets New 52-Week High – What’s Next?

Healthcare Realty Trust Incorporated (NYSE:HR) shares reached a new 52-week high during trading on Monday . The stock traded as high as $21.47 and last traded at $21.3360, with a volume of 4993964 shares changing hands. The stock had previously closed at $21.32.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. UBS Group lifted their price objective on shares of Healthcare Realty Trust from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Wells Fargo & Company increased 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 report on Monday, June 1st. JPMorgan Chase & Co. raised their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Cantor Fitzgerald upped their price target on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Citigroup increased their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $21.67.

Healthcare Realty Trust Trading Up 0.4%

The company’s 50-day moving average price is $20.33 and its two-hundred day moving average price is $18.65. The company has a market cap of $7.42 billion, a P/E ratio of -36.89 and a beta of 0.98.

Healthcare Realty Trust (NYSE:HR) last released 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 business had revenue of $275.28 million during 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%.The company’s revenue was down 7.7% compared to the same quarter last year. During the same period last year, the company posted $0.39 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. Equities analysts forecast that Healthcare Realty Trust Incorporated will post 1.63 earnings per share for the current year.

Healthcare Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is -165.52%.

Insider Activity

In other news, CAO Amanda L. Callaway sold 25,767 shares of the business’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 sale, the chief accounting officer owned 109,954 shares in the company, valued at $2,239,762.98. The trade was a 18.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.56% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Healthcare Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wiser Advisor Group LLC purchased a new position in shares of Healthcare Realty Trust during the third quarter valued at $25,000. Eurizon Capital SGR S.p.A. acquired a new stake in Healthcare Realty Trust during the 4th quarter worth about $37,000. Main Street Group LTD purchased a new position in Healthcare Realty Trust during the 1st quarter valued at about $42,000. Prosperity Bancshares Inc purchased a new position in Healthcare Realty Trust during the 4th quarter valued at about $42,000. Finally, Inspire Investing LLC acquired a new position in shares of Healthcare Realty Trust in the 1st quarter valued at about $45,000.

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.