Healthcare Realty Trust (HR) Projected to Post Earnings on Wednesday

Healthcare Realty Trust (NYSE:HR) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $303.81 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Healthcare Realty Trust Price Performance

Healthcare Realty Trust stock opened at $16.15 on Wednesday. The firm has a market capitalization of $5.72 billion, a P/E ratio of -10.22 and a beta of 0.94. Healthcare Realty Trust has a one year low of $12.77 and a one year high of $18.90. The business has a fifty day moving average price of $16.85 and a 200-day moving average price of $17.46.

Analyst Upgrades and Downgrades

HR has been the subject of a number of recent analyst reports. Wedbush lowered Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and reduced their target price for the company from $18.00 to $16.00 in a report on Thursday, January 2nd. Jefferies Financial Group cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their price objective for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. Finally, JPMorgan Chase & Co. cut shares of Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 target price on the stock. in a research note on Friday, December 20th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat, Healthcare Realty Trust currently has a consensus rating of “Hold” and an average target price of $17.00.

Insider Transactions at Healthcare Realty Trust

In other Healthcare Realty Trust news, COO Robert E. Hull sold 10,000 shares of Healthcare Realty Trust stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total transaction of $174,800.00. Following the completion of the sale, the chief operating officer now directly owns 171,400 shares in the company, valued at $2,996,072. The trade was a 5.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas N. Bohjalian purchased 7,750 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was bought at an average cost of $17.39 per share, for a total transaction of $134,772.50. Following the acquisition, the director now directly owns 50,002 shares in the company, valued at approximately $869,534.78. The trade was a 18.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 18,750 shares of company stock valued at $323,723. 0.56% of the stock is owned by corporate insiders.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.