Mizuho Reaffirms “Hold” Rating for Healthcare Realty Trust Incorporated (NYSE:HR)

Healthcare Realty Trust Incorporated (NYSE:HR)‘s stock had its “hold” rating reissued by equities researchers at Mizuho in a note issued to investors on Sunday, November 5th. They presently have a $34.00 target price on the real estate investment trust’s stock. Mizuho’s price objective suggests a potential upside of 3.56% from the company’s current price.

A number of other brokerages also recently weighed in on HR. Zacks Investment Research downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. BMO Capital Markets restated a “buy” rating and set a $34.00 price objective on shares of Healthcare Realty Trust in a research note on Thursday, November 2nd. KeyCorp restated a “sell” rating and set a $25.00 price objective on shares of Healthcare Realty Trust in a research note on Tuesday, September 26th. Stifel Nicolaus reissued a “buy” rating and issued a $34.00 price target on shares of Healthcare Realty Trust in a research note on Friday, November 3rd. Finally, Morgan Stanley increased their price target on Healthcare Realty Trust from $32.50 to $34.00 and gave the stock an “overweight” rating in a research note on Monday, September 25th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $33.29.

Healthcare Realty Trust (HR) traded up $0.31 on Friday, reaching $32.83. The company’s stock had a trading volume of 325,435 shares, compared to its average volume of 729,549. The stock has a market cap of $4,061.43, a PE ratio of 20.71, a price-to-earnings-growth ratio of 5.19 and a beta of 0.32. Healthcare Realty Trust has a 52 week low of $28.38 and a 52 week high of $36.25. The company has a quick ratio of 2.82, a current ratio of 2.82 and a debt-to-equity ratio of 0.63.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). Healthcare Realty Trust had a return on equity of 6.62% and a net margin of 26.70%. The company had revenue of $106.95 million for the quarter, compared to analyst estimates of $108.97 million. During the same period last year, the firm posted $0.39 earnings per share. The business’s revenue was up 3.2% on a year-over-year basis. equities research analysts predict that Healthcare Realty Trust will post 1.57 EPS for the current year.

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In other Healthcare Realty Trust news, Director John Knox Singleton purchased 3,074 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The stock was purchased at an average cost of $32.55 per share, with a total value of $100,058.70. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 1.85% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Neuberger Berman Group LLC boosted its position in shares of Healthcare Realty Trust by 0.7% in the 2nd quarter. Neuberger Berman Group LLC now owns 6,267 shares of the real estate investment trust’s stock worth $214,000 after purchasing an additional 46 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in Healthcare Realty Trust by 0.7% during the second quarter. Teacher Retirement System of Texas now owns 9,317 shares of the real estate investment trust’s stock worth $318,000 after acquiring an additional 66 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in Healthcare Realty Trust by 1.2% during the second quarter. PNC Financial Services Group Inc. now owns 6,219 shares of the real estate investment trust’s stock worth $212,000 after acquiring an additional 72 shares in the last quarter. Bank of Montreal Can lifted its holdings in Healthcare Realty Trust by 1.3% during the second quarter. Bank of Montreal Can now owns 6,466 shares of the real estate investment trust’s stock worth $221,000 after acquiring an additional 84 shares in the last quarter. Finally, Capstone Asset Management Co. lifted its holdings in Healthcare Realty Trust by 1.2% during the second quarter. Capstone Asset Management Co. now owns 10,536 shares of the real estate investment trust’s stock worth $360,000 after acquiring an additional 120 shares in the last quarter. Institutional investors and hedge funds own 91.64% of the company’s stock.

About Healthcare Realty Trust

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.

Analyst Recommendations for Healthcare Realty Trust (NYSE:HR)

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