Healthcare Realty Trust (NYSE:HR) Stock Gets Price Target Trim from UBS Group

Healthcare Realty Trust (NYSE:HR) had its price target cut by UBS Group from $21.00 to $18.00 in a research report released on Tuesday,Benzinga reports. They currently have a neutral rating on the real estate investment trust’s stock.

Several other analysts have also recently weighed in on the stock. Raymond James Financial initiated coverage on shares of Healthcare Realty Trust in a research report on Tuesday, June 16th. They set an “outperform” rating and a $24.00 price objective on the stock. Wells Fargo & Company cut their target price on shares of Healthcare Realty Trust from $21.00 to $20.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 1st. Jefferies Financial Group started coverage on shares of Healthcare Realty Trust in a research report on Tuesday, September 15th. They issued a “hold” rating and a $20.00 target price for the company. JPMorgan Chase & Co. increased their target price on Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Finally, Royal Bank Of Canada raised their price target on Healthcare Realty Trust from $21.00 to $22.00 and gave the company a “sector perform” rating in a research report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $21.40.

Healthcare Realty Trust Price Performance

Shares of HR opened at $17.34 on Tuesday. The firm’s 50 day simple moving average is $18.52 and its 200 day simple moving average is $19.35. The company has a market capitalization of $5.94 billion, a P/E ratio of -66.70 and a beta of 0.97. Healthcare Realty Trust has a 1-year low of $16.31 and a 1-year 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) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.53). Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The company 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 firm earned $0.41 earnings per share. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. On average, equities analysts anticipate that Healthcare Realty Trust will post 1.65 earnings per share for the current year.

Healthcare Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 11th were paid a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.96 annualized dividend and a yield of 5.5%. Healthcare Realty Trust’s payout ratio is currently -369.23%.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, COO Robert Hull sold 21,000 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total transaction of $401,310.00. Following the completion of the sale, the chief operating officer directly owned 276,338 shares in the company, valued at $5,280,819.18. This represents a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.56% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of HR. State of Alaska Department of Revenue purchased a new position in shares of Healthcare Realty Trust in the third quarter worth about $3,502,000. Focus Financial Network Inc. bought a new stake in shares of Healthcare Realty Trust in the 3rd quarter valued at about $181,000. Baldwin Wealth Partners LLC MA purchased a new stake in Healthcare Realty Trust during the 3rd quarter valued at about $215,000. Armstrong Advisory Group Inc. purchased a new stake in Healthcare Realty Trust during the 3rd quarter valued at about $346,000. Finally, GAMMA Investing LLC purchased a new stake in Healthcare Realty Trust during the 3rd quarter valued at about $222,000.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust Incorporated (NYSE:HR) is a real estate investment trust focused on owning, operating, and developing healthcare-related properties. The company primarily serves outpatient healthcare providers, including hospitals, health systems, physician groups, and other medical organizations.

Its portfolio is centered on outpatient facilities such as medical office buildings, ambulatory surgery centers, and other properties that support healthcare delivery outside traditional hospitals.