Brokerages Set Healthcare Realty Trust Incorporated (NYSE:HR) PT at $20.50

Shares of Healthcare Realty Trust Incorporated (NYSE:HR) have been assigned an average rating of “Hold” from the ten analysts that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $20.75.

A number of equities analysts have weighed in on the stock. Weiss Ratings cut shares of Healthcare Realty Trust from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Scotiabank upped their price objective on shares of Healthcare Realty Trust from $20.00 to $22.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. BTIG Research reissued a “buy” rating and issued a $22.00 price objective on shares of Healthcare Realty Trust in a research report on Friday. Wells Fargo & Company upped their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Finally, Citigroup upped their price objective on shares of Healthcare Realty Trust from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th.

Healthcare Realty Trust Stock Up 0.9%

Shares of NYSE HR opened at $20.68 on Friday. Healthcare Realty Trust has a 52-week low of $14.69 and a 52-week high of $20.90. The firm has a fifty day moving average of $19.26 and a 200-day moving average of $18.10. The stock has a market capitalization of $7.17 billion, a PE ratio of -35.66 and a beta of 0.98.

Healthcare Realty Trust (NYSE:HR) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $275.28 million during the quarter, compared to analysts’ expectations of $283.01 million. Healthcare Realty Trust had a negative net margin of 17.34% and a negative return on equity of 4.29%. The business’s quarterly revenue was down 7.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 EPS. Healthcare Realty Trust has set its FY 2026 guidance at 1.590-1.65 EPS. Equities research analysts expect that Healthcare Realty Trust will post 1.61 EPS for the current fiscal year.

Healthcare Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 11th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Monday, May 11th. Healthcare Realty Trust’s dividend payout ratio is -165.52%.

Institutional Investors Weigh In On Healthcare Realty Trust

Institutional investors have recently modified their holdings of the stock. Allianz Asset Management GmbH raised its stake in shares of Healthcare Realty Trust by 36.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 527,024 shares of the real estate investment trust’s stock valued at $9,502,000 after purchasing an additional 140,396 shares in the last quarter. Aberdeen Group plc raised its stake in shares of Healthcare Realty Trust by 26.2% in the 4th quarter. Aberdeen Group plc now owns 391,201 shares of the real estate investment trust’s stock valued at $6,631,000 after purchasing an additional 81,273 shares in the last quarter. Cinctive Capital Management LP raised its stake in shares of Healthcare Realty Trust by 258.9% in the 3rd quarter. Cinctive Capital Management LP now owns 189,551 shares of the real estate investment trust’s stock valued at $3,418,000 after purchasing an additional 136,734 shares in the last quarter. Bayhunt Capital LLC acquired a new stake in shares of Healthcare Realty Trust in the 4th quarter valued at about $6,216,000. Finally, Capital Investment Advisors LLC raised its stake in shares of Healthcare Realty Trust by 5.8% in the 4th quarter. Capital Investment Advisors LLC now owns 669,707 shares of the real estate investment trust’s stock valued at $11,352,000 after purchasing an additional 36,961 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.