BMO Capital Markets downgraded shares of Healthcare Realty Trust (NYSE:HR) from an outperform rating to a market perform rating in a report published on Tuesday morning. The firm currently has $33.00 price objective on the real estate investment trust’s stock.

Other research analysts have also issued reports about the company. KeyCorp reiterated a sell rating and issued a $25.00 price objective on shares of Healthcare Realty Trust in a research report on Tuesday, September 26th. Stifel Nicolaus reiterated a buy rating and issued a $34.00 price objective on shares of Healthcare Realty Trust in a research report on Friday, November 3rd. Zacks Investment Research upgraded Healthcare Realty Trust from a sell rating to a hold rating in a research report on Monday, October 30th. Morgan Stanley increased their price objective on Healthcare Realty Trust from $32.50 to $34.00 and gave the stock an overweight rating in a research report on Monday, September 25th. Finally, Mizuho reiterated a hold rating and issued a $34.00 price objective on shares of Healthcare Realty Trust in a research report on Sunday, November 5th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Healthcare Realty Trust currently has an average rating of Hold and a consensus price target of $33.14.

Healthcare Realty Trust (HR) traded down $0.31 during mid-day trading on Tuesday, hitting $29.80. The stock had a trading volume of 900,776 shares, compared to its average volume of 792,000. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $3,720.00, a price-to-earnings ratio of 30.41, a PEG ratio of 4.53 and a beta of 0.32. Healthcare Realty Trust has a 1-year low of $29.67 and a 1-year high of $36.25.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 net margin of 26.70% and a return on equity of 6.62%. Healthcare Realty Trust’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter last year, the company earned $0.39 earnings per share. equities research analysts forecast that Healthcare Realty Trust will post 1.55 earnings per share for the current fiscal year.

In other news, Director John Knox Singleton purchased 3,074 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were bought at an average cost of $32.55 per share, for a total transaction of $100,058.70. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John M. Bryant, Jr. sold 6,638 shares of the company’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $32.38, for a total value of $214,938.44. Following the transaction, the executive vice president now owns 176,812 shares in the company, valued at $5,725,172.56. The disclosure for this sale can be found here. Insiders sold 16,847 shares of company stock valued at $551,491 over the last quarter. 1.85% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio lifted its stake in Healthcare Realty Trust by 8.1% during the third quarter. Public Employees Retirement System of Ohio now owns 143,812 shares of the real estate investment trust’s stock worth $4,651,000 after purchasing an additional 10,837 shares in the last quarter. Eii Capital Management Inc. acquired a new position in Healthcare Realty Trust during the third quarter worth $1,021,000. Ameritas Investment Partners Inc. lifted its stake in Healthcare Realty Trust by 3.8% during the third quarter. Ameritas Investment Partners Inc. now owns 46,679 shares of the real estate investment trust’s stock worth $1,553,000 after purchasing an additional 1,691 shares in the last quarter. California Public Employees Retirement System lifted its stake in Healthcare Realty Trust by 8.1% during the third quarter. California Public Employees Retirement System now owns 208,561 shares of the real estate investment trust’s stock worth $6,745,000 after purchasing an additional 15,586 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its stake in Healthcare Realty Trust by 8.8% during the third quarter. Janus Henderson Group PLC now owns 391,942 shares of the real estate investment trust’s stock worth $12,670,000 after purchasing an additional 31,807 shares in the last quarter. Institutional investors own 94.67% of the company’s stock.

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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.

Analyst Recommendations for Healthcare Realty Trust (NYSE:HR)

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