Healthcare Realty Trust (NYSE:HR)‘s stock had its “overweight” rating restated by Morgan Stanley in a report issued on Thursday. They presently have a $34.00 price target on the real estate investment trust’s stock. Morgan Stanley’s price objective indicates a potential upside of 1.67% from the company’s previous close.

Other research analysts also recently issued research reports about the company. Stifel Nicolaus reiterated a “buy” rating and issued a $34.00 price objective on shares of Healthcare Realty Trust in a report on Friday, November 3rd. BMO Capital Markets reiterated a “buy” rating and issued a $34.00 price objective on shares of Healthcare Realty Trust in a report on Thursday, November 2nd. Cantor Fitzgerald reiterated a “buy” rating on shares of Healthcare Realty Trust in a report on Wednesday, August 23rd. TheStreet downgraded Healthcare Realty Trust from a “b” rating to a “c+” rating in a report on Thursday, November 9th. Finally, BidaskClub upgraded Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.29.

Healthcare Realty Trust (NYSE HR) opened at $33.44 on Thursday. The company has a market capitalization of $4,116.38, a PE ratio of 20.99, a PEG ratio of 5.30 and a beta of 0.32. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.63. Healthcare Realty Trust has a twelve month low of $28.63 and a twelve month high of $36.25.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.38 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.01). The company had revenue of $106.95 million during the quarter, compared to analysts’ expectations of $108.97 million. Healthcare Realty Trust had a return on equity of 6.62% and a net margin of 26.70%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.39 EPS. research analysts expect that Healthcare Realty Trust will post 1.56 EPS for the current year.

In related news, EVP John M. Bryant, Jr. sold 6,638 shares of the business’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $32.38, for a total transaction of $214,938.44. Following the transaction, the executive vice president now owns 176,812 shares in the company, valued at approximately $5,725,172.56. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John Knox Singleton purchased 3,074 shares of Healthcare Realty Trust stock in a transaction that occurred on Friday, November 10th. The shares were acquired at an average price of $32.55 per share, for a total transaction of $100,058.70. The disclosure for this purchase can be found here. 1.85% of the stock is owned by insiders.

Several hedge funds have recently bought and sold shares of HR. Bank of Montreal Can grew its holdings in shares of Healthcare Realty Trust by 1.3% during the 2nd quarter. Bank of Montreal Can now owns 6,466 shares of the real estate investment trust’s stock worth $221,000 after acquiring an additional 84 shares during the period. Aperio Group LLC grew its holdings in shares of Healthcare Realty Trust by 18.8% during the 2nd quarter. Aperio Group LLC now owns 28,705 shares of the real estate investment trust’s stock worth $980,000 after acquiring an additional 4,551 shares during the period. World Asset Management Inc grew its holdings in shares of Healthcare Realty Trust by 2.4% during the 2nd quarter. World Asset Management Inc now owns 7,353 shares of the real estate investment trust’s stock worth $251,000 after acquiring an additional 169 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in shares of Healthcare Realty Trust by 7.8% during the 2nd 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 acquiring an additional 99,174 shares during the period. Finally, Arizona State Retirement System grew its holdings in shares of Healthcare Realty Trust by 1.4% during the 2nd quarter. Arizona State Retirement System now owns 49,100 shares of the real estate investment trust’s stock worth $1,677,000 after acquiring an additional 700 shares during the period. Hedge funds and other institutional investors own 95.75% of the company’s stock.

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Healthcare Realty Trust Company Profile

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.

Analyst Recommendations for Healthcare Realty Trust (NYSE:HR)

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