Healthcare Realty Trust (NYSE:HR) was upgraded by equities research analysts at TheStreet from a “c” rating to a “b-” rating in a report issued on Tuesday, TheStreetRatingsTable reports.
Several other research firms have also recently weighed in on HR. Raymond James cut shares of Healthcare Realty Trust from a “strong-buy” rating to a “market perform” rating in a report on Friday, August 20th. Morgan Stanley upped their target price on shares of Healthcare Realty Trust from $31.00 to $33.00 and gave the company an “equal weight” rating in a report on Thursday, July 29th. Finally, Zacks Investment Research cut shares of Healthcare Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, August 5th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $32.80.
HR opened at $32.29 on Tuesday. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 0.78. The firm has a 50 day moving average price of $30.53 and a 200-day moving average price of $30.90. Healthcare Realty Trust has a twelve month low of $27.18 and a twelve month high of $34.01. The stock has a market capitalization of $4.70 billion, a price-to-earnings ratio of 119.60 and a beta of 0.58.
In other news, EVP John M. Bryant, Jr. sold 2,896 shares of the stock in a transaction on Thursday, September 23rd. The shares were sold at an average price of $31.01, for a total value of $89,804.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.90% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the business. Marshall Wace North America L.P. bought a new position in Healthcare Realty Trust during the first quarter valued at $39,000. Rockefeller Capital Management L.P. lifted its position in Healthcare Realty Trust by 29.5% during the first quarter. Rockefeller Capital Management L.P. now owns 1,684 shares of the real estate investment trust’s stock valued at $51,000 after purchasing an additional 384 shares during the last quarter. Bbva USA bought a new position in Healthcare Realty Trust during the second quarter valued at $56,000. Mitsubishi UFJ Trust & Banking Corp lifted its position in Healthcare Realty Trust by 29.9% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,759 shares of the real estate investment trust’s stock valued at $81,000 after purchasing an additional 635 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in Healthcare Realty Trust during the first quarter valued at $94,000. Institutional investors and hedge funds own 94.50% of the company’s stock.
About Healthcare Realty Trust
Healthcare Realty Trust, Inc is a real estate investment trust. It owns, leases, manages, acquires, finances, develops, and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America. The company was founded by David R.
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