Brokerages Set Healthcare Realty Trust Incorporated (NYSE:HR) PT at $22.00

Healthcare Realty Trust Incorporated (NYSE:HR) has earned a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $22.00.

HR has been the subject of several research reports. Raymond James Financial initiated coverage on shares of Healthcare Realty Trust in a research report on Tuesday, June 16th. They issued an “outperform” rating and a $24.00 price objective for the company. Scotiabank upped their target price on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. BTIG Research reissued a “buy” rating and set a $22.00 price target on shares of Healthcare Realty Trust in a research note on Friday, June 12th. Weiss Ratings raised shares of Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Finally, Cantor Fitzgerald raised their price target on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, July 31st.

Insider Activity at Healthcare Realty Trust

In other news, CAO Amanda L. Callaway sold 25,767 shares of Healthcare Realty Trust stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $20.37, for a total value of $524,873.79. Following the completion of the sale, the chief accounting officer directly owned 109,954 shares of the company’s stock, valued at approximately $2,239,762.98. This trade represents a 18.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Healthcare Realty Trust

Several hedge funds have recently added to or reduced their stakes in HR. Dynamic Technology Lab Private Ltd bought a new stake in Healthcare Realty Trust during the 1st quarter worth about $205,000. Empowered Funds LLC acquired a new stake in shares of Healthcare Realty Trust during the 1st quarter worth approximately $202,000. Invesco Ltd. grew its position in shares of Healthcare Realty Trust by 48.9% during the 2nd quarter. Invesco Ltd. now owns 2,307,109 shares of the real estate investment trust’s stock worth $36,591,000 after buying an additional 757,542 shares during the period. First Trust Advisors LP raised its stake in shares of Healthcare Realty Trust by 314.1% during the second quarter. First Trust Advisors LP now owns 223,125 shares of the real estate investment trust’s stock worth $3,539,000 after buying an additional 169,248 shares during the last quarter. Finally, Amundi raised its stake in shares of Healthcare Realty Trust by 154.0% during the second quarter. Amundi now owns 519,816 shares of the real estate investment trust’s stock worth $8,343,000 after buying an additional 315,179 shares during the last quarter.

Healthcare Realty Trust Stock Performance

Shares of HR opened at $19.45 on Friday. The company has a market cap of $6.67 billion, a price-to-earnings ratio of -74.81 and a beta of 0.97. The stock has a fifty day moving average price of $20.43 and a two-hundred day moving average price of $19.24. Healthcare Realty Trust has a 52-week low of $16.31 and a 52-week high of $22.04.

Healthcare Realty Trust (NYSE:HR) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.40 by ($0.53). Healthcare Realty Trust had a negative return on equity of 1.91% and a negative net margin of 7.59%.The business had revenue of $278.58 million for the quarter, compared to the consensus estimate of $271.60 million. During the same quarter in the previous year, the company posted $0.41 EPS. Healthcare Realty Trust’s revenue for the quarter was down 5.3% on a year-over-year basis. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. As a group, research analysts predict that Healthcare Realty Trust will post 1.65 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Tuesday, August 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -369.23%.

About Healthcare Realty Trust

Healthcare Realty Trust (NYSE: HR) is a real estate investment trust specializing in the ownership, acquisition and management of outpatient medical facilities. Headquartered in Nashville, Tennessee, the company’s portfolio is focused primarily on medical office buildings and outpatient healthcare properties that serve hospitals, health systems and other healthcare providers. Its business model centers on securing long-term, triple-net leases to generate stable income streams from a diversified tenant base.

The company’s properties are located across key metropolitan markets in the United States, including major healthcare hubs in the Southeast, Southwest and in select coastal regions.