Healthcare Realty Trust (HR) Stock Rating Upgraded by Raymond James

Healthcare Realty Trust (NYSE:HR) was upgraded by research analysts at Raymond James from a “mkt perform” rating to an “outperform” rating in a report issued on Monday, Marketbeat.com reports. The brokerage currently has a $34.00 target price on the real estate investment trust’s stock. Raymond James’ price target suggests a potential upside of 8.90% from the company’s current price.

A number of other analysts have also weighed in on the stock. ValuEngine raised shares of Healthcare Realty Trust from a “hold” rating to a “buy” rating in a report on Thursday, January 17th. TheStreet raised shares of Healthcare Realty Trust from a “c” rating to a “b-” rating in a report on Thursday, February 14th. Morgan Stanley set a $31.00 price target on shares of Healthcare Realty Trust and gave the company a “hold” rating in a report on Thursday, March 28th. Finally, Zacks Investment Research raised shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a report on Friday, April 19th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $31.75.

NYSE:HR opened at $31.22 on Monday. Healthcare Realty Trust has a 1 year low of $26.09 and a 1 year high of $32.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.18 and a quick ratio of 0.18. The company has a market capitalization of $3.97 billion, a PE ratio of 19.89, a PEG ratio of 6.25 and a beta of 0.49.



Healthcare Realty Trust (NYSE:HR) last posted its earnings results on Wednesday, May 1st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.39. Healthcare Realty Trust had a net margin of 14.52% and a return on equity of 3.73%. The company had revenue of $112.66 million during the quarter, compared to analysts’ expectations of $114.57 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. Healthcare Realty Trust’s quarterly revenue was up .5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Healthcare Realty Trust will post 1.59 EPS for the current year.

Several institutional investors have recently modified their holdings of HR. Berman Capital Advisors LLC increased its holdings in shares of Healthcare Realty Trust by 71.7% in the first quarter. Berman Capital Advisors LLC now owns 812 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 339 shares in the last quarter. Fort L.P. acquired a new stake in shares of Healthcare Realty Trust in the first quarter valued at approximately $37,000. Marshall Wace North America L.P. acquired a new stake in shares of Healthcare Realty Trust in the first quarter valued at approximately $39,000. Oregon Public Employees Retirement Fund increased its holdings in shares of Healthcare Realty Trust by 2,744.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,402,433 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 1,353,121 shares in the last quarter. Finally, Synovus Financial Corp grew its holdings in Healthcare Realty Trust by 1,566.7% during the 1st quarter. Synovus Financial Corp now owns 2,500 shares of the real estate investment trust’s stock worth $80,000 after acquiring an additional 2,350 shares during the period. 97.56% of the stock is owned by institutional investors and hedge funds.

About Healthcare Realty Trust

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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Analyst Recommendations for Healthcare Realty Trust (NYSE:HR)

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