Healthcare Realty Trust Incorporated (NYSE:HR) – Equities researchers at Jefferies Group lowered their FY2017 EPS estimates for Healthcare Realty Trust in a research note issued to investors on Monday. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will earn $1.58 per share for the year, down from their previous estimate of $1.59. Jefferies Group has a “Hold” rating and a $34.00 price objective on the stock. Jefferies Group also issued estimates for Healthcare Realty Trust’s Q4 2017 earnings at $0.32 EPS, FY2018 earnings at $1.65 EPS and FY2019 earnings at $1.76 EPS.
Other equities research analysts have also issued research reports about the company. TheStreet lowered Healthcare Realty Trust from a “b” rating to a “c+” rating in a research note on Thursday, November 9th. Zacks Investment Research lowered Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Mizuho reissued a “hold” rating and issued a $34.00 target price on shares of Healthcare Realty Trust in a research note on Sunday, November 5th. BMO Capital Markets reissued a “buy” rating and issued a $34.00 target price on shares of Healthcare Realty Trust in a research note on Thursday, November 2nd. Finally, KeyCorp reissued a “sell” rating and issued a $25.00 target price on shares of Healthcare Realty Trust in a research note on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $33.29.
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Healthcare Realty Trust (HR) opened at $32.92 on Tuesday. Healthcare Realty Trust has a fifty-two week low of $28.19 and a fifty-two 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. The stock has a market capitalization of $4,075.16, a PE ratio of 20.78, a PEG ratio of 5.19 and a beta of 0.32.
Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $106.95 million during the quarter, compared to analysts’ expectations of $108.97 million. During the same quarter in the previous year, the company posted $0.39 earnings per share. Healthcare Realty Trust’s revenue for the quarter was up 3.2% compared to the same quarter last year.
A number of institutional investors and hedge funds have recently modified their holdings of HR. Barings LLC purchased a new stake in Healthcare Realty Trust during the 3rd quarter valued at $17,330,000. Russell Investments Group Ltd. boosted its stake in Healthcare Realty Trust by 100.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 1,041,967 shares of the real estate investment trust’s stock valued at $35,559,000 after purchasing an additional 522,959 shares during the last quarter. FMR LLC boosted its stake in Healthcare Realty Trust by 6.4% during the 2nd quarter. FMR LLC now owns 7,274,016 shares of the real estate investment trust’s stock valued at $248,408,000 after purchasing an additional 434,895 shares during the last quarter. Citadel Advisors LLC boosted its stake in Healthcare Realty Trust by 6,295.0% during the 3rd quarter. Citadel Advisors LLC now owns 432,109 shares of the real estate investment trust’s stock valued at $13,974,000 after purchasing an additional 425,352 shares during the last quarter. Finally, Janus Henderson Group PLC bought a new position in shares of Healthcare Realty Trust during the 2nd quarter valued at $12,297,000. Institutional investors and hedge funds own 90.26% of the company’s stock.
In related news, Director John Knox Singleton purchased 3,074 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The shares were bought at an average price of $32.55 per share, for a total transaction of $100,058.70. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.85% of the company’s stock.
The business also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 16th will be paid a $0.30 dividend. The ex-dividend date is Wednesday, November 15th. This represents a $1.20 annualized dividend and a dividend yield of 3.65%. Healthcare Realty Trust’s payout ratio is currently 123.71%.
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.
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