Healthcare Realty Trust (NYSE:HR) COO Sells $401,310.00 in Stock
by Jessica Moore · The Cerbat GemHealthcare Realty Trust Incorporated (NYSE:HR – Get Free Report) COO Robert Hull sold 21,000 shares of the company’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $19.11, for a total value of $401,310.00. Following the transaction, the chief operating officer directly owned 276,338 shares in the company, valued at $5,280,819.18. The trade was a 7.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Healthcare Realty Trust Price Performance
Healthcare Realty Trust stock traded down $0.28 during mid-day trading on Wednesday, hitting $18.79. The company’s stock had a trading volume of 643,125 shares, compared to its average volume of 3,776,492. Healthcare Realty Trust Incorporated has a 52-week low of $16.31 and a 52-week high of $22.04. The company has a market cap of $6.44 billion, a PE ratio of -72.17 and a beta of 0.95. The firm’s 50 day moving average is $20.18 and its 200 day moving average is $19.40.
Healthcare Realty Trust (NYSE:HR – Get Free Report) last released its earnings results on Thursday, July 30th. The real estate investment trust reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.53). The business had revenue of $278.58 million for the quarter, compared to analysts’ expectations of $271.60 million. Healthcare Realty Trust had a negative net margin of 7.59% and a negative return on equity of 1.91%. The company’s revenue was down 5.3% compared to the same quarter last year. During the same period last year, the firm earned $0.41 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.620-1.660 EPS. As a group, analysts forecast that Healthcare Realty Trust Incorporated will post 1.65 EPS for the current year.
Healthcare Realty Trust Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 26th. Investors of record on Tuesday, August 11th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.96 dividend on an annualized basis and a yield of 5.1%. Healthcare Realty Trust’s payout ratio is presently -369.23%.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on HR shares. UBS Group increased their target price on shares of Healthcare Realty Trust from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 8th. Cantor Fitzgerald upped their price target on shares of Healthcare Realty Trust from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Royal Bank Of Canada increased their price objective on Healthcare Realty Trust from $21.00 to $22.00 and gave the stock a “sector perform” rating in a report on Friday, August 7th. Wells Fargo & Company lowered their target price on Healthcare Realty Trust from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 1st. Finally, BTIG Research reaffirmed a “buy” rating and issued a $22.00 target price on shares of Healthcare Realty Trust in a research report on Friday, June 12th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Healthcare Realty Trust has an average rating of “Hold” and an average target price of $21.89.
Check Out Our Latest Stock Report on Healthcare Realty Trust
Institutional Trading of Healthcare Realty Trust
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wiser Advisor Group LLC bought a new stake in shares of Healthcare Realty Trust during the 3rd quarter worth about $25,000. Continuum Advisory LLC bought a new position in shares of Healthcare Realty Trust in the 2nd quarter valued at approximately $26,000. IFP Advisors Inc raised its stake in shares of Healthcare Realty Trust by 310.4% in the 2nd quarter. IFP Advisors Inc now owns 1,773 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 1,341 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in Healthcare Realty Trust in the 4th quarter worth approximately $37,000. Finally, Main Street Group LTD acquired a new stake in Healthcare Realty Trust in the 1st quarter worth approximately $42,000.
Healthcare Realty Trust Company Profile
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.