Analyst Rating Update on Healthcare Realty Trust Incorporated (HR)

Healthcare Realty Trust Incorporated (NYSE:HR) : Zacks Investment Research ranks Healthcare Realty Trust Incorporated (NYSE:HR) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 3.05, which indicates as a Hold.

Healthcare Realty Trust Incorporated (NYSE:HR) : The highest short term price target forecast on Healthcare Realty Trust Incorporated (NYSE:HR) is $37 and the lowest target price is $29. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $32.5 with a standard deviation of $3.15.

Company shares have received an average consensus rating of Hold for the current week

Healthcare Realty Trust Incorporated (NYSE:HR): stock turned positive on Tuesday. Though the stock opened at $34.56, the bulls momentum made the stock top out at $34.98 level for the day. The stock recorded a low of $34.16 and closed the trading day at $34.94, in the green by 1.33%. The total traded volume for the day was 774,925. The stock had closed at $34.48 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Callaway Amanda L, officer (SVP & Chief Accounting Officer) of Healthcare Realty Trust Inc, had unloaded 1,173 shares at an average price of $33.5 in a transaction dated on June 15, 2016. The total value of the transaction was worth $39,296.

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 Companys 198 owned real estate properties are located in 30 states and total approximately 14.2 million square feet. The Companys 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.

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