Brokerage firm BMO Capital Upgrades its rating on Healthcare Realty Trust Inc(HR). As per the latest information, BMO Capital Raises the price target to $33 per share from a prior target of $31. The shares have been rated Outperform. Previously, the analysts had a Market Perform rating on the shares. The rating by the stock financial advisor at BMO Capital was issued on Mar 15, 2017 in a research report to their Investors and Clients.
In a different note, BMO Capital said it Initiates Coverage On Healthcare Realty Trust Inc, according to a research note issued on Dec 22, 2016. In the research note, the firm Announces the price-target to $31 per share. The shares have been rated ‘Market Perform’ by the firm. Jefferies said it Initiates Coverage On Healthcare Realty Trust Inc, according to a research note issued on Dec 16, 2016. The shares have been rated ‘Buy’ by the firm. On Dec 16, 2016, KeyBanc said it Downgrades its rating on Healthcare Realty Trust Inc. The shares have been rated ‘Underweight’ by the firm.
Healthcare Realty Trust Inc (HR) made into the market gainers list on Fridays trading session with the shares advancing 0.39% or 0.12 points. Due to strong positive momentum, the stock ended at $31.16, which is also near the day’s high of $31.38. The stock began the session at $31.09 and the volume stood at 10,66,050 shares. The 52-week high of the shares is $36.6 and the 52 week low is $26.66. The company has a current market capitalization of $3,628 M and it has 11,64,40,289 shares in outstanding.
Healthcare Realty Trust Inc(HR) last announced its earnings results on Feb 15, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $105.309M. Analysts had an estimated revenue of $106.160M. Earnings per share were $0.41. Analysts had estimated an EPS of $0.13.
Several Insider Transactions has been reported to the SEC. On Mar 6, 2017, Nancy H Agee (director) purchased 2,310 shares at $32.18 per share price.Also, On Mar 2, 2017, John Knox Singleton (director) purchased 15,773 shares at $31.88 per share price.On Feb 27, 2017, Bruce D Sullivan (director) sold 3,000 shares at $32.28 per share price, according to the Form-4 filing with the securities and exchange commission.
Healthcare Realty Trust Incorporated (Healthcare Realty) is a self-managed and self-administered real estate investment trust. The Company owns manages finances and develops income-producing real estate properties associated with the delivery of outpatient healthcare services throughout the United States. The Company provides property management services to approximately 9 million square feet across the nation. The Company has investments of approximately $3 billion in over 199 real estate properties mortgages land held for development and corporate property. The Company’s 198 owned real estate properties are located in 30 states and total approximately 14.2 million square feet. The Company’s real estate portfolio is leased to a tenant base and has approximately 144 leases with this tenant in 22 buildings throughout north and central Texas including buildings at eight different hospital campuses.