Healthcare Realty Trust Inc (HR) Director John Knox Singleton Sells 18,341 Shares

Healthcare Realty Trust Inc (NYSE:HR) Director John Knox Singleton sold 18,341 shares of Healthcare Realty Trust stock in a transaction dated Monday, June 18th. The shares were sold at an average price of $27.25, for a total transaction of $499,792.25. Following the completion of the transaction, the director now directly owns 23,992 shares of the company’s stock, valued at $653,782. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of HR stock traded up $0.01 during midday trading on Thursday, reaching $28.49. 128,948 shares of the company were exchanged, compared to its average volume of 1,159,416. Healthcare Realty Trust Inc has a 12 month low of $26.09 and a 12 month high of $36.25. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 18.61, a price-to-earnings-growth ratio of 4.33 and a beta of 0.24. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.74.

Healthcare Realty Trust (NYSE:HR) last released its quarterly earnings results on Thursday, May 3rd. The real estate investment trust reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.33). Healthcare Realty Trust had a return on equity of 0.02% and a net margin of 0.10%. The company had revenue of $112.10 million for the quarter, compared to the consensus estimate of $111.07 million. During the same quarter last year, the firm posted $0.39 earnings per share. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. equities research analysts predict that Healthcare Realty Trust Inc will post 1.6 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, May 31st. Shareholders of record on Wednesday, May 16th were given a dividend of $0.30 per share. The ex-dividend date was Tuesday, May 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.21%. Healthcare Realty Trust’s dividend payout ratio (DPR) is 78.43%.

Several analysts recently weighed in on the stock. Cantor Fitzgerald cut their price objective on shares of Healthcare Realty Trust to $34.00 and set an “overweight” rating on the stock in a research report on Friday, March 16th. Zacks Investment Research upgraded shares of Healthcare Realty Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, May 9th. Morgan Stanley cut their price objective on shares of Healthcare Realty Trust from $35.00 to $32.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 20th. ValuEngine downgraded shares of Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research report on Monday, May 14th. Finally, Mizuho reiterated a “hold” rating and issued a $29.00 price objective on shares of Healthcare Realty Trust in a research report on Friday, February 23rd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. Healthcare Realty Trust has an average rating of “Hold” and a consensus target price of $29.75.

Several hedge funds have recently added to or reduced their stakes in HR. Principal Financial Group Inc. grew its stake in shares of Healthcare Realty Trust by 1.8% in the 1st quarter. Principal Financial Group Inc. now owns 541,643 shares of the real estate investment trust’s stock worth $15,009,000 after purchasing an additional 9,682 shares during the last quarter. WINTON GROUP Ltd purchased a new position in shares of Healthcare Realty Trust in the first quarter worth approximately $416,000. Xact Kapitalforvaltning AB increased its position in shares of Healthcare Realty Trust by 71.7% in the first quarter. Xact Kapitalforvaltning AB now owns 13,653 shares of the real estate investment trust’s stock worth $378,000 after acquiring an additional 5,700 shares in the last quarter. Legal & General Group Plc increased its position in shares of Healthcare Realty Trust by 11.7% in the first quarter. Legal & General Group Plc now owns 502,914 shares of the real estate investment trust’s stock worth $13,936,000 after acquiring an additional 52,634 shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. increased its position in shares of Healthcare Realty Trust by 45.1% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 136,976 shares of the real estate investment trust’s stock worth $3,795,000 after acquiring an additional 42,559 shares in the last quarter. Institutional investors own 97.48% of the company’s stock.

Healthcare Realty Trust Company Profile

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, 2017, the Company owned 201 real estate properties in 27 states totaling 14.6 million square feet and was valued at approximately $5.3 billion.

Insider Buying and Selling by Quarter for Healthcare Realty Trust (NYSE:HR)

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