Healthcare Realty Trust Incorporated (NYSE:HR) Receives Average Rating of “Reduce” from Analysts

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have been given an average recommendation of “Reduce” by the six ratings firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $17.00.

HR has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price for the company. in a report on Friday, December 20th. Jefferies Financial Group cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and dropped their target price for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. Finally, Wedbush cut shares of Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $18.00 to $16.00 in a report on Thursday, January 2nd.

Healthcare Realty Trust Trading Down 0.3 %

Shares of Healthcare Realty Trust stock opened at $16.51 on Monday. Healthcare Realty Trust has a 12-month low of $12.77 and a 12-month high of $18.90. The stock has a market cap of $5.85 billion, a PE ratio of -10.45 and a beta of 0.94. The company has a 50-day moving average of $16.74 and a two-hundred day moving average of $17.43.

Insider Activity

In other news, Director Peter F. Sr Lyle, Sr. bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were purchased at an average price of $17.21 per share, for a total transaction of $172,100.00. Following the completion of the transaction, the director now owns 26,576 shares in the company, valued at $457,372.96. The trade was a 60.33 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas N. Bohjalian bought 7,750 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were purchased at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the transaction, the director now owns 50,002 shares of the company’s stock, valued at $869,534.78. The trade was a 18.34 % increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 18,750 shares of company stock worth $323,723 over the last ninety days. 0.56% of the stock is currently owned by insiders.

Institutional Trading of Healthcare Realty Trust

A number of hedge funds have recently bought and sold shares of HR. Smartleaf Asset Management LLC raised its stake in Healthcare Realty Trust by 59.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust’s stock worth $27,000 after purchasing an additional 612 shares during the period. O Shaughnessy Asset Management LLC raised its stake in Healthcare Realty Trust by 6.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 11,530 shares of the real estate investment trust’s stock worth $195,000 after purchasing an additional 706 shares during the period. Pacer Advisors Inc. raised its stake in Healthcare Realty Trust by 1.1% during the fourth quarter. Pacer Advisors Inc. now owns 70,776 shares of the real estate investment trust’s stock worth $1,200,000 after purchasing an additional 786 shares during the period. Park Avenue Securities LLC raised its stake in Healthcare Realty Trust by 4.1% during the fourth quarter. Park Avenue Securities LLC now owns 20,193 shares of the real estate investment trust’s stock worth $342,000 after purchasing an additional 793 shares during the period. Finally, Consolidated Portfolio Review Corp raised its stake in Healthcare Realty Trust by 1.5% during the fourth quarter. Consolidated Portfolio Review Corp now owns 55,333 shares of the real estate investment trust’s stock worth $938,000 after purchasing an additional 808 shares during the period.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.