Zacks Investment Research downgraded shares of Healthcare Realty Trust Incorporated (NYSE:HR) from a hold rating to a sell rating in a research note published on Tuesday morning.

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. “

Several other research analysts have also recently commented on HR. Cantor Fitzgerald reiterated a buy rating and issued a $38.00 target price on shares of Healthcare Realty Trust in a report on Tuesday, August 15th. Jefferies Group LLC reiterated a hold rating and issued a $34.00 target price (down from $36.00) on shares of Healthcare Realty Trust in a report on Thursday, August 10th. BMO Capital Markets reiterated a buy rating and issued a $34.00 target price on shares of Healthcare Realty Trust in a report on Monday, October 2nd. BidaskClub upgraded shares of Healthcare Realty Trust from a sell rating to a hold rating in a report on Saturday, August 19th. Finally, KeyCorp reiterated a sell rating and issued a $25.00 target price on shares of Healthcare Realty Trust in a report on Tuesday, September 26th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of $33.00.

Healthcare Realty Trust (HR) opened at 32.50 on Tuesday. The stock has a 50 day moving average of $32.87 and a 200-day moving average of $33.25. The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 31.25 and a beta of 0.31. Healthcare Realty Trust has a 52-week low of $26.66 and a 52-week high of $36.25.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.01). Healthcare Realty Trust had a return on equity of 7.38% and a net margin of 28.98%. The firm had revenue of $105.20 million during the quarter, compared to analyst estimates of $105.67 million. During the same quarter in the previous year, the business earned $0.42 earnings per share. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, analysts expect that Healthcare Realty Trust will post $0.70 EPS for the current year.

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In related news, Director John Knox Singleton purchased 3,450 shares of Healthcare Realty Trust stock in a transaction dated Tuesday, August 15th. The stock was acquired at an average cost of $31.88 per share, with a total value of $109,986.00. Following the completion of the transaction, the director now directly owns 17,693 shares of the company’s stock, valued at $564,052.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.85% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Schwab Charles Investment Management Inc. lifted its position in shares of Healthcare Realty Trust by 7.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,375,729 shares of the real estate investment trust’s stock worth $46,982,000 after purchasing an additional 99,174 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Healthcare Realty Trust in the second quarter worth approximately $1,779,000. Geode Capital Management LLC lifted its position in shares of Healthcare Realty Trust by 6.0% in the first quarter. Geode Capital Management LLC now owns 1,084,930 shares of the real estate investment trust’s stock worth $35,260,000 after purchasing an additional 61,016 shares in the last quarter. Federated Investors Inc. PA lifted its position in shares of Healthcare Realty Trust by 8.2% in the second quarter. Federated Investors Inc. PA now owns 729,925 shares of the real estate investment trust’s stock worth $24,927,000 after purchasing an additional 55,473 shares in the last quarter. Finally, Forsta AP Fonden lifted its position in shares of Healthcare Realty Trust by 157.1% in the second quarter. Forsta AP Fonden now owns 41,400 shares of the real estate investment trust’s stock worth $1,414,000 after purchasing an additional 25,300 shares in the last quarter. 91.84% of the stock is owned by institutional investors and hedge funds.

About Healthcare Realty Trust

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.

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Analyst Recommendations for Healthcare Realty Trust (NYSE:HR)

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