Healthcare Realty Trust (NYSE:HR) Stock Rating Upgraded by Raymond James Financial

Healthcare Realty Trust (NYSE:HR) was upgraded by equities researchers at Raymond James Financial to a “moderate buy” rating in a research report issued on Tuesday,Zacks.com reports.

Other research analysts have also issued reports about the stock. Citigroup increased their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. BTIG Research reissued a “buy” rating and set a $22.00 target price on shares of Healthcare Realty Trust in a research note on Friday, June 12th. Wells Fargo & Company increased their target price on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Cantor Fitzgerald increased their target price on shares of Healthcare Realty Trust from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, UBS Group increased their target price on shares of Healthcare Realty Trust from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $21.11.

Healthcare Realty Trust Stock Performance

NYSE:HR opened at $20.06 on Tuesday. The firm’s fifty day moving average is $19.44 and its 200-day moving average is $18.15. Healthcare Realty Trust has a 52 week low of $14.92 and a 52 week high of $20.90. The firm has a market cap of $6.95 billion, a P/E ratio of -34.59 and a beta of 0.98.

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in HR. Fifth Third Wealth Advisors LLC lifted its stake in shares of Healthcare Realty Trust by 4.8% in the first quarter. Fifth Third Wealth Advisors LLC now owns 12,580 shares of the real estate investment trust’s stock valued at $214,000 after buying an additional 579 shares in the last quarter. US Bancorp DE lifted its stake in shares of Healthcare Realty Trust by 5.8% in the third quarter. US Bancorp DE now owns 10,959 shares of the real estate investment trust’s stock valued at $198,000 after buying an additional 602 shares in the last quarter. Consolidated Portfolio Review Corp lifted its stake in shares of Healthcare Realty Trust by 1.2% in the third quarter. Consolidated Portfolio Review Corp now owns 55,786 shares of the real estate investment trust’s stock valued at $1,006,000 after buying an additional 637 shares in the last quarter. State of Michigan Retirement System lifted its stake in shares of Healthcare Realty Trust by 1.1% in the first quarter. State of Michigan Retirement System now owns 83,953 shares of the real estate investment trust’s stock valued at $1,426,000 after buying an additional 900 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Healthcare Realty Trust by 4.2% in the fourth quarter. Geneos Wealth Management Inc. now owns 25,337 shares of the real estate investment trust’s stock valued at $429,000 after buying an additional 1,012 shares in the last quarter.

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.