Healthcare Realty Trust Incorporated (HR) : Traders are bullish on Healthcare Realty Trust Incorporated (HR) as it has outperformed the S&P 500 by a wide margin of 1.47% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.19%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.24% in the last 1 week, and is up 2.52% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.67% and the 50-Day Moving Average is 3.2%. Healthcare Realty Trust Incorporated (NYSE:HR): stock turned positive on Friday. Though the stock opened at $35.58, the bulls momentum made the stock top out at $36.38 level for the day. The stock recorded a low of $35.58 and closed the trading day at $35.83, in the green by 1.10%. The total traded volume for the day was 606,917. The stock had closed at $35.44 in the previous days trading.
The company Insiders own 1.65% of Healthcare Realty Trust Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -19.86% . Institutional Investors own 96.12% of Healthcare Realty Trust Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -1.96%. Also, In the latest statement by the brokerage house, Stifel Nicolaus maintains its outlook on Healthcare Realty Trust Incorporated (NYSE:HR). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $34 per share to $36 per share. The rating by the firm was issued on August 4, 2016.
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.