Healthcare Realty Trust Incorporated (NYSE:HR – Get Free Report) has been assigned a consensus rating of “Hold” from the ten brokerages that are covering the company, Marketbeat.com reports. Seven research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $18.20.
Several research firms recently issued reports on HR. Wedbush reissued an “outperform” rating and issued a $17.00 target price on shares of Healthcare Realty Trust in a research report on Monday, November 6th. StockNews.com raised Healthcare Realty Trust to a “sell” rating in a research report on Thursday, October 19th. BTIG Research raised Healthcare Realty Trust from a “neutral” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Tuesday, October 24th. Wells Fargo & Company cut their target price on Healthcare Realty Trust from $17.00 to $16.00 and set an “equal weight” rating on the stock in a research report on Monday, November 13th. Finally, Deutsche Bank Aktiengesellschaft began coverage on Healthcare Realty Trust in a research report on Tuesday, January 30th. They issued a “hold” rating and a $18.00 target price on the stock.
Healthcare Realty Trust Trading Up 1.6 %
Insider Transactions at Healthcare Realty Trust
In related news, EVP Julie F. Wilson sold 4,100 shares of the firm’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $17.30, for a total value of $70,930.00. Following the transaction, the executive vice president now directly owns 116,233 shares of the company’s stock, valued at approximately $2,010,830.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.49% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of HR. State Street Corp lifted its stake in Healthcare Realty Trust by 146.6% in the 3rd quarter. State Street Corp now owns 22,060,235 shares of the real estate investment trust’s stock worth $459,956,000 after purchasing an additional 13,113,673 shares in the last quarter. Invesco Ltd. lifted its stake in Healthcare Realty Trust by 479.6% in the 1st quarter. Invesco Ltd. now owns 5,767,849 shares of the real estate investment trust’s stock worth $158,500,000 after purchasing an additional 4,772,676 shares in the last quarter. Cohen & Steers Inc. lifted its stake in Healthcare Realty Trust by 7.1% in the 2nd quarter. Cohen & Steers Inc. now owns 63,526,167 shares of the real estate investment trust’s stock worth $1,198,084,000 after purchasing an additional 4,224,157 shares in the last quarter. Norges Bank purchased a new position in Healthcare Realty Trust in the 4th quarter worth approximately $71,155,000. Finally, Rush Island Management LP lifted its stake in Healthcare Realty Trust by 43.7% in the 3rd quarter. Rush Island Management LP now owns 11,010,401 shares of the real estate investment trust’s stock worth $168,129,000 after purchasing an additional 3,350,506 shares in the last quarter.
Healthcare Realty Trust Company Profile
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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