Healthcare Realty Trust (HR) Expected to Announce Quarterly Earnings on Wednesday

Healthcare Realty Trust (NYSE:HR) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 19th. Analysts expect Healthcare Realty Trust to post earnings of $0.39 per share and revenue of $303.81 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Healthcare Realty Trust Stock Performance

Shares of Healthcare Realty Trust stock opened at $16.15 on Wednesday. The stock has a market capitalization of $5.72 billion, a price-to-earnings ratio of -10.22 and a beta of 0.94. The company has a fifty day moving average of $16.85 and a 200-day moving average of $17.46. Healthcare Realty Trust has a 52-week low of $12.77 and a 52-week high of $18.90.

Analyst Ratings Changes

HR has been the topic of a number of recent research reports. Jefferies Financial Group cut Healthcare Realty Trust from a “buy” rating to a “hold” rating and reduced their price objective for the company from $19.00 to $17.00 in a research note on Thursday, January 2nd. JPMorgan Chase & Co. lowered Healthcare Realty Trust from an “overweight” rating to a “neutral” rating and set a $19.00 price target on the stock. in a research report on Friday, December 20th. Finally, Wedbush downgraded Healthcare Realty Trust from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $18.00 to $16.00 in a research report on Thursday, January 2nd. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat, Healthcare Realty Trust presently has an average rating of “Hold” and a consensus target price of $17.00.

Insider Activity at Healthcare Realty Trust

In related news, Director Thomas N. Bohjalian purchased 7,750 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was bought at an average cost of $17.39 per share, with a total value of $134,772.50. Following the completion of the purchase, the director now directly owns 50,002 shares in the company, valued at approximately $869,534.78. This represents a 18.34 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Robert E. Hull sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $17.48, for a total value of $174,800.00. Following the completion of the transaction, the chief operating officer now owns 171,400 shares of the company’s stock, valued at approximately $2,996,072. The trade was a 5.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have acquired a total of 18,750 shares of company stock worth $323,723 in the last 90 days. Company insiders own 0.56% of the company’s stock.

Healthcare Realty Trust Company Profile

Healthcare Realty Trust, Inc provides real estate investment services. 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.