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

Healthcare Realty Trust (NYSE:HR - Get Free Report) is expected to issue 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. Parties interested in registering for the company's conference call can do so using this link.

Healthcare Realty Trust Stock Down 0.3 %

Healthcare Realty Trust stock traded down $0.06 during midday trading on Friday, reaching $16.51. The stock had a trading volume of 1,869,279 shares, compared to its average volume of 2,033,593. Healthcare Realty Trust has a 12 month low of $12.77 and a 12 month high of $18.90. The firm's 50-day moving average price is $16.74 and its 200 day moving average price is $17.44. The firm has a market capitalization of $5.85 billion, a PE ratio of -10.45 and a beta of 0.94.

Insider Activity

In other news, Director Thomas N. Bohjalian acquired 7,750 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was acquired at an average price of $17.39 per share, for a total transaction of $134,772.50. Following the completion of the acquisition, the director now owns 50,002 shares in the company, valued at $869,534.78. This trade represents a 18.34 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter F. Sr Lyle, Sr. acquired 10,000 shares of the firm's stock in a transaction on Friday, December 13th. The stock was purchased at an average price of $17.21 per share, with a total value of $172,100.00. Following the acquisition, the director now owns 26,576 shares of the company's stock, valued at $457,372.96. This represents a 60.33 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 18,750 shares of company stock valued at $323,723. 0.56% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Wedbush cut Healthcare Realty Trust from a "neutral" rating to an "underperform" rating and decreased their price target for the company from $18.00 to $16.00 in a research report on Thursday, January 2nd. Jefferies Financial Group cut shares of Healthcare Realty Trust from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $19.00 to $17.00 in a research report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. lowered Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 target price for the company. in a research note on Friday, December 20th. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $17.00.

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.