In yesterday’s Wall Street session, Healthcare Realty Trust Inc (NYSE:HR) shares traded at $14.05, down -3.70% from the previous session.
HR stock price is now -1.44% away from the 50-day moving average and -12.46% away from the 200-day moving average. The market capitalization of the company currently stands at $5.36B.
With the price target reduced from $19 to $15, Wedbush Downgraded its rating from Outperform to Neutral for Healthcare Realty Trust Inc (NYSE: HR). On February 20, 2024, Stifel Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock reducing its target price from $19 to quote $15, while ‘Deutsche Bank’ rates the stock as ‘Hold’
In other news, Hull Robert E, EVP – Investments sold 25,394 shares of the company’s stock on Dec 19 ’23. The stock was sold for $431,952 at an average price of $17.01. Upon completion of the transaction, the EVP – Investments now directly owns 169,257 shares in the company, valued at $2.38 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 15 ’23, EVP – Operations Wilson Julie F. sold 4,100 shares of the business’s stock. A total of $70,930 was realized by selling the stock at an average price of $17.30. This leaves the insider owning 116,233 shares of the company worth $1.63 million. A total of 0.57% of the company’s stock is owned by insiders.
During the past 12 months, Healthcare Realty Trust Inc has had a low of $12.77 and a high of $20.32. The fifty day moving average price for HR is $14.20 and a two-hundred day moving average price translates $16.03 for the stock.
The latest earnings results from Healthcare Realty Trust Inc (NYSE: HR) was released for Dec, 2023. According to the REIT – Healthcare Facilities Company, earnings per share came in at -$0.11, inline with analysts’ expectations of -$0.11. This compares to -$0.25 EPS in the same period last year. The net profit margin was -20.95% and return on equity was -3.91% for HR. The company reported revenue of $330.44 million for the quarter, compared to $338.06 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.25 percent. For the current quarter, analysts expect HR to generate $326.89M in revenue.
