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

Healthcare Realty Trust Incorporated (NYSE:HR) has been assigned an average recommendation of “Hold” from the eleven research firms that are currently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $21.70.

A number of research analysts have issued reports on the company. Cantor Fitzgerald lifted their price objective on Healthcare Realty Trust from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Raymond James Financial began coverage on shares of Healthcare Realty Trust in a research report on Tuesday, June 16th. They set an “outperform” rating and a $24.00 target price for the company. Wells Fargo & Company cut their price target on shares of Healthcare Realty Trust from $21.00 to $20.00 and set an “equal weight” rating for the company in a report on Tuesday, September 1st. Jefferies Financial Group initiated coverage on shares of Healthcare Realty Trust in a research report on Tuesday, September 15th. They issued a “hold” rating and a $20.00 price target on the stock. Finally, BTIG Research reaffirmed a “buy” rating and set a $22.00 price objective on shares of Healthcare Realty Trust in a research note on Friday, June 12th.

Healthcare Realty Trust Trading Down 0.1%

HR stock opened at $18.25 on Tuesday. Healthcare Realty Trust has a 1-year low of $16.31 and a 1-year high of $22.04. The business’s 50 day moving average is $19.82 and its 200-day moving average is $19.41. The firm has a market cap of $6.25 billion, a P/E ratio of -70.19 and a beta of 0.95.

Healthcare Realty Trust (NYSE:HR) last posted its earnings results 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). Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%.The company had revenue of $278.58 million for the quarter, compared to the consensus estimate of $271.60 million. During the same quarter last year, the business earned $0.41 EPS. Healthcare Realty Trust’s quarterly revenue was down 5.3% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. Sell-side analysts forecast that Healthcare Realty Trust will post 1.65 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 26th. Stockholders of record on Tuesday, August 11th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 5.3%. The ex-dividend date was Tuesday, August 11th. Healthcare Realty Trust’s dividend payout ratio is presently -369.23%.

Insider Buying and Selling at Healthcare Realty Trust

In related news, COO Robert Hull sold 21,000 shares of Healthcare Realty Trust stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $19.11, for a total value of $401,310.00. Following the completion of the transaction, the chief operating officer directly owned 276,338 shares of the company’s stock, valued at $5,280,819.18. The trade was a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.56% of the company’s stock.

Institutional Investors Weigh In On Healthcare Realty Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Continuum Advisory LLC acquired a new position in shares of Healthcare Realty Trust during the second quarter worth approximately $26,000. IFP Advisors Inc lifted its holdings in Healthcare Realty Trust by 310.4% during the 2nd quarter. IFP Advisors Inc now owns 1,773 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 1,341 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in shares of Healthcare Realty Trust during the fourth quarter worth $37,000. Main Street Group LTD bought a new stake in shares of Healthcare Realty Trust during the first quarter worth $42,000. Finally, Inspire Investing LLC acquired a new position in shares of Healthcare Realty Trust during the first quarter valued at $45,000.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated is a real estate investment trust focused on owning, developing, acquiring, leasing and managing outpatient healthcare properties. Its portfolio primarily includes medical office buildings and other facilities that support outpatient care, such as ambulatory care centers and healthcare campuses.

The company serves healthcare providers across the United States, with properties generally located near hospitals and in major and growing markets. Its customers include health systems, physician groups and other healthcare providers.