Healthcare Realty Trust Incorporated (NYSE:HR) Given Consensus Rating of “Hold” by Analysts

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have earned a consensus recommendation of “Hold” from the ten brokerages that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $20.50.

A number of research firms have recently commented on HR. Citigroup raised their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. UBS Group raised their price objective on shares of Healthcare Realty Trust from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Wednesday, May 13th. Wells Fargo & Company raised their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Scotiabank raised their price objective on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Finally, Cantor Fitzgerald raised their price objective on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, May 4th.

Hedge Funds Weigh In On Healthcare Realty Trust

Several institutional investors have recently added to or reduced their stakes in HR. PGGM Investments bought a new position in Healthcare Realty Trust during the 4th quarter valued at about $113,389,000. Resolution Capital Ltd lifted its holdings in Healthcare Realty Trust by 72.4% during the 1st quarter. Resolution Capital Ltd now owns 14,034,367 shares of the real estate investment trust’s stock valued at $238,444,000 after purchasing an additional 5,892,501 shares during the last quarter. Invesco Ltd. lifted its holdings in Healthcare Realty Trust by 233.8% during the 3rd quarter. Invesco Ltd. now owns 7,700,760 shares of the real estate investment trust’s stock valued at $138,845,000 after purchasing an additional 5,393,651 shares during the last quarter. Norges Bank bought a new position in Healthcare Realty Trust during the 4th quarter valued at about $62,154,000. Finally, Jupiter Asset Management Ltd. bought a new position in Healthcare Realty Trust during the 4th quarter valued at about $31,810,000.

Healthcare Realty Trust Price Performance

NYSE HR opened at $20.52 on Friday. The firm has a market capitalization of $7.11 billion, a price-to-earnings ratio of -35.39 and a beta of 0.98. The company’s fifty day moving average is $19.19 and its two-hundred day moving average is $18.08. Healthcare Realty Trust has a 52-week low of $14.65 and a 52-week high of $20.90.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $275.28 million during the quarter, compared to the consensus estimate of $283.01 million. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The firm’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same period last year, the firm earned $0.39 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. As a group, sell-side analysts expect that Healthcare Realty Trust will post 1.61 earnings per share for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio (DPR) is presently -165.52%.

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.