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

Healthcare Realty Trust Incorporated (NYSE:HR) has earned a consensus rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $17.17.

Several brokerages have commented on HR. Scotiabank raised their target price on Healthcare Realty Trust from $17.00 to $18.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 7th. Wells Fargo & Company restated an “underweight” rating and issued a $17.00 price objective (up from $16.00) on shares of Healthcare Realty Trust in a research report on Tuesday, October 1st. Finally, Wedbush upped their target price on shares of Healthcare Realty Trust from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, August 5th.

Insider Buying and Selling

In related news, Director John Knox Singleton purchased 6,500 shares of the firm’s stock in a transaction dated Thursday, September 5th. The shares were purchased at an average price of $18.24 per share, with a total value of $118,560.00. Following the acquisition, the director now directly owns 57,082 shares of the company’s stock, valued at approximately $1,041,175.68. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Thomas N. Bohjalian acquired 9,000 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The shares were bought at an average cost of $17.39 per share, with a total value of $156,510.00. Following the acquisition, the director now owns 22,252 shares in the company, valued at approximately $386,962.28. This represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Knox Singleton bought 6,500 shares of the business’s stock in a transaction on Thursday, September 5th. The stock was purchased at an average cost of $18.24 per share, with a total value of $118,560.00. Following the purchase, the director now owns 57,082 shares of the company’s stock, valued at $1,041,175.68. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 15,728 shares of company stock worth $279,069. Insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of Healthcare Realty Trust by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 54,246,277 shares of the real estate investment trust’s stock valued at $767,585,000 after acquiring an additional 723,197 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in Healthcare Realty Trust by 52.3% in the first quarter. Canada Pension Plan Investment Board now owns 10,942,261 shares of the real estate investment trust’s stock valued at $154,833,000 after purchasing an additional 3,758,040 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Healthcare Realty Trust by 7.2% during the second quarter. Dimensional Fund Advisors LP now owns 5,856,286 shares of the real estate investment trust’s stock valued at $96,513,000 after purchasing an additional 395,243 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Healthcare Realty Trust by 2.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,782,253 shares of the real estate investment trust’s stock worth $81,820,000 after purchasing an additional 158,342 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Healthcare Realty Trust by 6.7% in the second quarter. Thrivent Financial for Lutherans now owns 4,784,186 shares of the real estate investment trust’s stock worth $78,843,000 after purchasing an additional 301,747 shares during the last quarter.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock opened at $17.78 on Friday. The firm has a market capitalization of $6.45 billion, a P/E ratio of -11.25 and a beta of 0.91. Healthcare Realty Trust has a one year low of $12.77 and a one year high of $18.90. The business has a fifty day moving average price of $17.85 and a 200-day moving average price of $17.03.

Healthcare Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Tuesday, November 12th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.97%. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -78.48%.

Healthcare Realty Trust Company Profile

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.