Healthcare Realty Trust Incorporated (NYSE:HR) – Analysts at KeyCorp upped their Q4 2017 earnings per share estimates for Healthcare Realty Trust in a report released on Tuesday. KeyCorp analyst J. Sadler now anticipates that the real estate investment trust will post earnings of $0.42 per share for the quarter, up from their prior estimate of $0.41.

Healthcare Realty Trust (NYSE:HR) last posted its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by $0.01. Healthcare Realty Trust had a return on equity of 7.38% and a net margin of 28.98%. The company had revenue of $105.20 million for the quarter, compared to analyst estimates of $105.67 million. During the same period in the previous year, the business posted $0.42 earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year.

COPYRIGHT VIOLATION WARNING: “Q4 2017 Earnings Estimate for Healthcare Realty Trust Incorporated Issued By KeyCorp (NYSE:HR)” was originally reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this article on another website, it was illegally stolen and republished in violation of U.S. and international copyright law. The legal version of this article can be viewed at https://theolympiareport.com/2017/08/12/q4-2017-earnings-estimate-for-healthcare-realty-trust-incorporated-issued-by-keycorp-nysehr.html.

Other equities analysts also recently issued reports about the company. Cantor Fitzgerald lifted their target price on Healthcare Realty Trust from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, June 12th. BidaskClub downgraded Healthcare Realty Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Mizuho restated a “neutral” rating on shares of Healthcare Realty Trust in a research note on Wednesday, June 28th. Jefferies Group LLC downgraded Healthcare Realty Trust from a “buy” rating to a “hold” rating and set a $36.00 target price for the company. in a research note on Thursday, June 15th. They noted that the move was a valuation call. Finally, Stifel Nicolaus decreased their target price on Healthcare Realty Trust from $34.00 to $33.00 and set a “buy” rating for the company in a research note on Tuesday, May 9th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $34.50.

Shares of Healthcare Realty Trust (NYSE HR) opened at 31.94 on Thursday. The firm’s 50-day moving average price is $33.45 and its 200-day moving average price is $32.65. The firm has a market capitalization of $3.72 billion, a PE ratio of 30.71 and a beta of 0.29. Healthcare Realty Trust has a 52-week low of $26.66 and a 52-week high of $36.25.

Several institutional investors have recently modified their holdings of the company. Teachers Advisors LLC increased its position in shares of Healthcare Realty Trust by 2.3% in the fourth quarter. Teachers Advisors LLC now owns 259,254 shares of the real estate investment trust’s stock valued at $7,861,000 after buying an additional 5,789 shares in the last quarter. Capstone Asset Management Co. increased its position in shares of Healthcare Realty Trust by 3.8% in the first quarter. Capstone Asset Management Co. now owns 10,416 shares of the real estate investment trust’s stock valued at $339,000 after buying an additional 380 shares in the last quarter. Louisiana State Employees Retirement System increased its position in shares of Healthcare Realty Trust by 2.4% in the first quarter. Louisiana State Employees Retirement System now owns 29,400 shares of the real estate investment trust’s stock valued at $956,000 after buying an additional 700 shares in the last quarter. Bennicas & Associates Inc. acquired a new position in shares of Healthcare Realty Trust during the first quarter valued at about $202,000. Finally, Retirement Systems of Alabama increased its position in shares of Healthcare Realty Trust by 0.5% in the first quarter. Retirement Systems of Alabama now owns 150,325 shares of the real estate investment trust’s stock valued at $4,886,000 after buying an additional 685 shares in the last quarter. Institutional investors and hedge funds own 96.04% of the company’s stock.

In other news, EVP Robert E. Hull sold 1,744 shares of the business’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $32.45, for a total transaction of $56,592.80. Following the completion of the transaction, the executive vice president now directly owns 58,174 shares in the company, valued at $1,887,746.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider John M. Bryant, Jr. sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $33.51, for a total value of $234,570.00. Following the transaction, the insider now owns 142,256 shares of the company’s stock, valued at $4,766,998.56. The disclosure for this sale can be found here. Insiders own 1.85% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Friday, August 11th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, August 9th. This represents a $1.20 annualized dividend and a dividend yield of 3.76%. Healthcare Realty Trust’s dividend payout ratio is presently 114.29%.

About Healthcare Realty Trust

Healthcare Realty Trust Incorporated is a self-managed and self-administered real estate investment trust. The Company owns, leases, manages, acquires, finances, develops and redevelops real estate properties associated primarily with the delivery of outpatient healthcare services across the United States.

Earnings History and Estimates for Healthcare Realty Trust (NYSE:HR)

Receive News & Ratings for Healthcare Realty Trust Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Realty Trust Incorporated and related companies with Analyst Ratings Network's FREE daily email newsletter.