Wells Fargo & Company Issues Pessimistic Forecast for Healthcare Realty Trust (NYSE:HR) Stock Price

Healthcare Realty Trust (NYSE:HR) had its target price reduced by equities researchers at Wells Fargo & Company from $20.00 to $18.00 in a research note issued on Monday, Benzinga reports. The brokerage presently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 4.38% from the stock’s current price.

Several other research firms have also weighed in on HR. Royal Bank Of Canada increased their target price on Healthcare Realty Trust from $21.00 to $22.00 and gave the company a “sector perform” rating in a research note on Friday, August 7th. Jefferies Financial Group began coverage on shares of Healthcare Realty Trust in a report on Tuesday, September 15th. They issued a “hold” rating and a $20.00 price objective on the stock. Cantor Fitzgerald increased their price target on Healthcare Realty Trust from $22.00 to $24.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. UBS Group decreased their price target on Healthcare Realty Trust from $21.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, October 13th. Finally, Weiss Ratings upgraded Healthcare Realty Trust from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Four analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Healthcare Realty Trust presently has an average rating of “Hold” and an average target price of $21.20.

Healthcare Realty Trust Price Performance

Shares of HR traded down $0.23 during trading hours on Monday, hitting $17.25. The stock had a trading volume of 870,205 shares, compared to its average volume of 3,907,303. The company’s fifty day moving average is $18.47 and its two-hundred day moving average is $19.36. Healthcare Realty Trust has a 52 week low of $16.31 and a 52 week high of $22.04. The stock has a market capitalization of $5.91 billion, a price-to-earnings ratio of -66.33 and a beta of 0.97.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $271.60 million. During the same period in the prior year, the firm posted $0.41 EPS. Healthcare Realty Trust’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. Equities analysts predict that Healthcare Realty Trust will post 1.65 EPS for the current fiscal year.

Insider Buying and Selling

In other Healthcare Realty Trust news, COO Robert Hull sold 21,000 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $19.11, for a total transaction of $401,310.00. Following the completion of the transaction, the chief operating officer owned 276,338 shares of the company’s stock, valued at approximately $5,280,819.18. The trade was a 7.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Healthcare Realty Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. IFP Advisors Inc lifted its stake in shares of Healthcare Realty Trust by 123.5% in the third quarter. IFP Advisors Inc now owns 3,963 shares of the real estate investment trust’s stock worth $70,000 after acquiring an additional 2,190 shares during the period. TD Waterhouse Canada Inc. acquired a new stake in Healthcare Realty Trust in the third quarter worth $28,000. State of Alaska Department of Revenue acquired a new stake in Healthcare Realty Trust in the third quarter worth $3,502,000. Focus Financial Network Inc. bought a new stake in Healthcare Realty Trust in the third quarter valued at $181,000. Finally, Baldwin Wealth Partners LLC MA bought a new position in shares of Healthcare Realty Trust in the 3rd quarter worth $215,000.

About Healthcare Realty Trust

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.