Wells Fargo has recently reduced Healthcare Realty Trust Inc (HR) stock to Underweight rating, as announced on July 30, 2024, according to Finviz. Earlier, on February 20, 2024, Wedbush had reduced the stock from a Outperform to Neutral, setting a price target of $15 for HR stock. Stifel also reduced Hold rating with a price target of $15. Additionally, Deutsche Bank initiated Hold rating on January 30, 2024, with a target price of $18. BTIG Research analysts, in their report published on October 24, 2023, also raised Buy rating for Healthcare Realty Trust Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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Healthcare Realty Trust Inc (HR) Stock Trading Recap
On Thursday, Healthcare Realty Trust Inc (HR) stock saw a decline, ending the day at $17.18 which represents a decrease of $-0.45 or -2.55% from the prior close of $17.63. The stock opened at $17.63 and touched a low of $17.18 during the day, reaching a high of $17.7. The volume of shares traded was 4.39 million exceeding the average volume of 3.43 million.
HR Stock Performance and Moving Averages
In recent trading, Healthcare Realty Trust Inc (HR) stock price has shown some volatility, fluctuating -5.14% over the last five trades and -2.88% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 17.99%, and it has plunged by -3.86% in the previous three months. Currently, HR is trading at -2.91%, -3.94%, and 6.16% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, HR, a Real Estate sector stock, is trading -9.10% below its 52-week high but remains 34.53% above its 52-week low. The Average True Range (ATR) (14 days) of 0.42 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Healthcare Realty Trust Inc’s Profitability and Valuation Ratios
Healthcare Realty Trust Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 3.83% and a profit margin of -43.22%, with a gross margin of 17.99%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Healthcare Realty Trust Inc’s market capitalization stands at $6.24 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 4.74, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.06, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.80% of Healthcare Realty Trust Inc (HR)’s shares, while financial institutions hold 106.74%.
Notable insider trades include Hull Robert E, EVP – Investments at Healthcare Realty Trust Inc (HR), who sold 25394 shares on Dec 19 ’23, at $17.01 each, totaling $0.43 million.
