Healthcare Realty Trust (NYSE:HR) PT Raised to $17.00

Healthcare Realty Trust (NYSE:HRGet Free Report) had its price objective increased by investment analysts at Scotiabank from $16.00 to $17.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm currently has a “sector perform” rating on the real estate investment trust’s stock. Scotiabank’s price target would suggest a potential upside of 0.21% from the company’s previous close.

HR has been the topic of a number of other research reports. Wedbush lifted their target price on Healthcare Realty Trust from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Wednesday, May 8th. Wells Fargo & Company lifted their price target on shares of Healthcare Realty Trust from $16.00 to $17.00 and gave the company an “equal weight” rating in a report on Friday, June 14th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $17.50.

Check Out Our Latest Analysis on HR

Healthcare Realty Trust Stock Performance

Shares of HR stock opened at $16.97 on Tuesday. Healthcare Realty Trust has a fifty-two week low of $12.77 and a fifty-two week high of $20.25. The stock’s fifty day moving average price is $16.12 and its two-hundred day moving average price is $15.39. The company has a market cap of $6.42 billion, a PE ratio of -12.76 and a beta of 0.89.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Lindbrook Capital LLC lifted its position in shares of Healthcare Realty Trust by 106.0% in the 4th quarter. Lindbrook Capital LLC now owns 1,854 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 954 shares during the period. Quent Capital LLC raised its stake in Healthcare Realty Trust by 47.4% during the fourth quarter. Quent Capital LLC now owns 1,933 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 622 shares during the last quarter. Muzinich & Co. Inc. lifted its holdings in Healthcare Realty Trust by 98.1% in the fourth quarter. Muzinich & Co. Inc. now owns 2,179 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 1,079 shares during the period. Quarry LP bought a new stake in Healthcare Realty Trust during the fourth quarter valued at $39,000. Finally, International Assets Investment Management LLC acquired a new stake in Healthcare Realty Trust during the 4th quarter worth about $45,000.

About Healthcare Realty Trust

(Get Free Report)

Healthcare Realty (NYSE: HR) is a real estate investment trust (REIT) that owns and operates medical outpatient buildings primarily located around market-leading hospital campuses. The Company selectively grows its portfolio through property acquisition and development. As the first and largest REIT to specialize in medical outpatient buildings, Healthcare Realty's portfolio includes more than 700 properties totaling over 40 million square feet concentrated in 15 growth markets.

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Analyst Recommendations for Healthcare Realty Trust (NYSE:HR)

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