Healthcare Realty Trust (NYSE:HR) Rating Increased to Hold at StockNews.com

StockNews.com upgraded shares of Healthcare Realty Trust (NYSE:HR - Free Report) from a sell rating to a hold rating in a research report report published on Tuesday morning.

Several other analysts also recently issued reports on the stock. JPMorgan Chase & Co. downgraded shares of Healthcare Realty Trust from an "overweight" rating to a "neutral" rating and set a $19.00 price target for the company. in a research report on Friday, December 20th. Wells Fargo & Company decreased their target price on shares of Healthcare Realty Trust from $17.00 to $16.00 and set an "underweight" rating for the company in a research report on Monday, March 10th. Scotiabank dropped their price target on shares of Healthcare Realty Trust from $18.00 to $17.00 and set a "sector perform" rating on the stock in a research report on Tuesday, February 25th. Wedbush reissued an "outperform" rating and set a $16.00 price objective on shares of Healthcare Realty Trust in a report on Thursday, February 20th. Finally, Jefferies Financial Group lowered Healthcare Realty Trust from a "buy" rating to a "hold" rating and dropped their target price for the company from $19.00 to $17.00 in a report on Thursday, January 2nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, Healthcare Realty Trust currently has a consensus rating of "Hold" and an average price target of $17.00.

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Healthcare Realty Trust Stock Down 0.9 %

NYSE HR traded down $0.15 on Tuesday, hitting $16.60. The company's stock had a trading volume of 2,893,868 shares, compared to its average volume of 3,156,787. The company's 50-day moving average is $16.62 and its 200 day moving average is $17.27. The firm has a market cap of $5.82 billion, a PE ratio of -9.32 and a beta of 0.97. Healthcare Realty Trust has a 1-year low of $13.29 and a 1-year high of $18.90.

Healthcare Realty Trust (NYSE:HR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.01. The firm had revenue of $309.77 million for the quarter, compared to the consensus estimate of $303.81 million. Healthcare Realty Trust had a negative net margin of 51.60% and a negative return on equity of 11.20%. The company's revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.39 EPS. On average, equities analysts expect that Healthcare Realty Trust will post 1.59 EPS for the current year.

Healthcare Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Monday, March 3rd were issued a $0.31 dividend. The ex-dividend date was Monday, March 3rd. This represents a $1.24 annualized dividend and a yield of 7.47%. Healthcare Realty Trust's dividend payout ratio (DPR) is presently -69.66%.

Institutional Investors Weigh In On Healthcare Realty Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC lifted its stake in shares of Healthcare Realty Trust by 59.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,650 shares of the real estate investment trust's stock worth $27,000 after buying an additional 612 shares in the last quarter. Blue Trust Inc. raised its holdings in Healthcare Realty Trust by 130.3% in the 4th quarter. Blue Trust Inc. now owns 1,635 shares of the real estate investment trust's stock worth $30,000 after acquiring an additional 925 shares during the last quarter. Synergy Investment Management LLC bought a new position in Healthcare Realty Trust in the 4th quarter valued at approximately $36,000. Lazard Asset Management LLC purchased a new stake in Healthcare Realty Trust during the 4th quarter valued at $45,000. Finally, Jones Financial Companies Lllp increased its holdings in shares of Healthcare Realty Trust by 68.7% in the 4th quarter. Jones Financial Companies Lllp now owns 3,067 shares of the real estate investment trust's stock worth $52,000 after purchasing an additional 1,249 shares in the last quarter.

About Healthcare Realty Trust

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.