Zacks Investment Research cut shares of Healthcare Realty Trust Inc. (NYSE:HR) from a hold rating to a sell rating in a research report sent to investors on Tuesday.

According to Zacks, “Healthcare Realty Trust is a real estate investment trust that integrates owning, managing and developing income-producing real estate properties associated with the delivery of healthcare services throughout the United States. “

A number of other equities research analysts have also recently commented on the stock. Cantor Fitzgerald reaffirmed a hold rating on shares of Healthcare Realty Trust in a research note on Friday, September 9th. Wells Fargo & Co. reaffirmed a hold rating on shares of Healthcare Realty Trust in a research note on Sunday, September 4th. BTIG Research initiated coverage on shares of Healthcare Realty Trust in a research note on Thursday, August 25th. They issued a neutral rating on the stock. RBC Capital Markets reissued a hold rating on shares of Healthcare Realty Trust in a research note on Monday, August 22nd. Finally, Mizuho lifted their price target on shares of Healthcare Realty Trust from $29.00 to $34.00 and gave the company a neutral rating in a research note on Monday, August 8th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company’s stock. Healthcare Realty Trust currently has a consensus rating of Hold and a consensus price target of $32.13.

Analyst Recommendations for Healthcare Realty Trust (NYSE:HR)

Shares of Healthcare Realty Trust (NYSE:HR) opened at 31.93 on Tuesday. The company’s 50-day moving average is $34.20 and its 200 day moving average is $33.29. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 48.02 and a beta of 0.47. Healthcare Realty Trust has a 12 month low of $24.94 and a 12 month high of $36.60.

Healthcare Realty Trust (NYSE:HR) last issued its quarterly earnings data on Wednesday, August 3rd. The real estate investment trust reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The business had revenue of $102.60 million for the quarter, compared to analysts’ expectations of $101.05 million. Healthcare Realty Trust had a net margin of 16.95% and a return on equity of 4.50%. The business’s revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the company earned $0.39 EPS. On average, equities research analysts anticipate that Healthcare Realty Trust will post $1.63 earnings per share for the current year.

In related news, Director Charles Raymond Fernandez sold 5,000 shares of the business’s stock in a transaction dated Monday, August 29th. The shares were sold at an average price of $35.06, for a total value of $175,300.00. Following the sale, the director now directly owns 13,583 shares in the company, valued at approximately $476,219.98. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Nancy H. Agee acquired 1,100 shares of Healthcare Realty Trust stock in a transaction that occurred on Tuesday, September 13th. The stock was bought at an average price of $33.68 per share, for a total transaction of $37,048.00. Following the completion of the acquisition, the director now owns 3,555 shares in the company, valued at approximately $119,732.40. The disclosure for this purchase can be found here. 1.65% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the stock. Metropolitan Life Insurance Co. NY raised its stake in shares of Healthcare Realty Trust by 121.0% in the first quarter. Metropolitan Life Insurance Co. NY now owns 164,631 shares of the real estate investment trust’s stock valued at $5,085,000 after buying an additional 90,131 shares during the period. Legal & General Group Plc raised its stake in shares of Healthcare Realty Trust by 6.6% in the first quarter. Legal & General Group Plc now owns 233,121 shares of the real estate investment trust’s stock valued at $7,196,000 after buying an additional 14,341 shares during the period. Nuveen Asset Management LLC raised its stake in shares of Healthcare Realty Trust by 3,227.4% in the first quarter. Nuveen Asset Management LLC now owns 237,479 shares of the real estate investment trust’s stock valued at $7,336,000 after buying an additional 230,342 shares during the period. Geode Capital Management LLC raised its stake in shares of Healthcare Realty Trust by 2.7% in the first quarter. Geode Capital Management LLC now owns 815,281 shares of the real estate investment trust’s stock valued at $25,184,000 after buying an additional 21,340 shares during the period. Finally, State Street Corp raised its stake in shares of Healthcare Realty Trust by 49.4% in the first quarter. State Street Corp now owns 4,977,650 shares of the real estate investment trust’s stock valued at $153,762,000 after buying an additional 1,646,070 shares during the period.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust (REIT). The Company owns, acquires, manages, finances and develops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States. It provides property management services for approximately 140 healthcare-related properties, totaling over 9.8 million square feet.

5 Day Chart for NYSE:HR

Receive News & Stock Ratings for Healthcare Realty Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust Inc. and related stocks with our FREE daily email newsletter.