Healthcare Realty Trust Inc (NYSE:HR) shares saw unusually-high trading volume on Friday . Approximately 3,862,341 shares traded hands during mid-day trading, an increase of 545% from the previous session’s volume of 598,873 shares.The stock last traded at $32.06 and had previously closed at $31.90.
HR has been the subject of several research analyst reports. Raymond James upgraded shares of Healthcare Realty Trust from an “underperform” rating to a “market perform” rating in a report on Tuesday, January 8th. ValuEngine upgraded shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating in a research report on Thursday, January 17th. Wells Fargo & Co downgraded shares of Healthcare Realty Trust from an “outperform” rating to a “market perform” rating in a research report on Tuesday, December 11th. TheStreet upgraded shares of Healthcare Realty Trust from a “c” rating to a “b-” rating in a research report on Thursday, February 14th. Finally, Zacks Investment Research downgraded shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Thursday, December 13th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $29.80.
The stock has a market cap of $3.97 billion, a P/E ratio of 20.42, a price-to-earnings-growth ratio of 4.82 and a beta of 0.53. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.78.
Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Wednesday, February 13th. The real estate investment trust reported $0.13 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.27). Healthcare Realty Trust had a net margin of 15.49% and a return on equity of 3.99%. The business had revenue of $113.17 million during the quarter, compared to analysts’ expectations of $114.17 million. During the same quarter last year, the company earned $0.38 EPS. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. As a group, analysts expect that Healthcare Realty Trust Inc will post 1.63 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 8th. Investors of record on Friday, February 22nd were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, February 21st. This represents a $1.20 annualized dividend and a yield of 3.74%. Healthcare Realty Trust’s dividend payout ratio (DPR) is 76.43%.
In related news, EVP Robert E. Hull sold 4,600 shares of the company’s stock in a transaction on Friday, December 21st. The shares were sold at an average price of $29.67, for a total value of $136,482.00. Following the completion of the sale, the executive vice president now owns 102,583 shares in the company, valued at approximately $3,043,637.61. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.79% of the stock is owned by corporate insiders.
Institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC increased its holdings in shares of Healthcare Realty Trust by 7.3% in the 4th quarter. Geode Capital Management LLC now owns 1,698,171 shares of the real estate investment trust’s stock valued at $48,295,000 after purchasing an additional 115,152 shares in the last quarter. Norges Bank purchased a new position in shares of Healthcare Realty Trust in the 4th quarter valued at about $39,198,000. FMR LLC increased its holdings in shares of Healthcare Realty Trust by 0.3% in the 4th quarter. FMR LLC now owns 5,780,858 shares of the real estate investment trust’s stock valued at $164,408,000 after purchasing an additional 15,399 shares in the last quarter. Elliott Management Corp purchased a new position in shares of Healthcare Realty Trust in the 4th quarter valued at about $18,006,000. Finally, Macquarie Group Ltd. increased its holdings in shares of Healthcare Realty Trust by 0.7% in the 4th quarter. Macquarie Group Ltd. now owns 1,815,479 shares of the real estate investment trust’s stock valued at $51,632,000 after purchasing an additional 13,054 shares in the last quarter. Institutional investors own 96.70% of the company’s stock.
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Healthcare Realty Trust Company Profile (NYSE:HR)
Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion.
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