Healthcare Realty Trust Inc (NYSE:HR) shares traded -0.67% lower at $17.91 on Wall Street last session.
HR stock price is now 0.71% away from the 50-day moving average and 11.74% away from the 200-day moving average. The market capitalization of the company currently stands at $6.50B.
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With the price target reduced from $17 to $16, Wells Fargo Downgraded its rating from Equal Weight to Underweight for Healthcare Realty Trust Inc (NYSE: HR). On February 20, 2024, Wedbush Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $19 to quote $15, while ‘Stifel’ rates the stock as ‘Hold’
In other news, SINGLETON JOHN KNOX, Director bought 6,500 shares of the company’s stock on Sep 05 ’24. The stock was bought for $118,564 at an average price of $18.24. Upon completion of the transaction, the Director now directly owns 57,082 shares in the company, valued at $1.02 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 05 ’24, Director Kilroy James Joseph IV bought 12,900 shares of the business’s stock. A total of $235,554 was incurred on buying the stock at an average price of $18.26. This leaves the insider owning 25,300 shares of the company worth $0.45 million. A total of 0.77% 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 $18.90. The fifty day moving average price for HR is $17.802 and a two-hundred day moving average price translates $16.0395 for the stock.
The latest earnings results from Healthcare Realty Trust Inc (NYSE: HR) was released for 2024-06-30. The net profit margin was -43.22% and return on equity was -8.70% for HR. The company reported revenue of $316.32 million for the quarter, compared to $338.14 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.45 percent.
