Healthcare Realty Trust Incorporated [HR] is -19.93% lower this YTD. Is it still time to buy?
Healthcare Real Estate Fund Incorporated [NYSE: HR] A -1.63% loss in the last trading session to $22.32 per share price at that time. Company report on August 9, 2022 The Healthcare Real Estate Fund announces the results of the second quarter.
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All data is provided on a pre-merger basis, unless otherwise noted.
Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the second quarter ended June 30, 2022. The company reported net income of $6.1 million, or $0.04 per diluted common share, for the quarter ended June 30. June 2022. The three months ended June 30, 2022 totaled $67.0 million, or $0.45 per diluted common share. Please note that all information is provided on a pre-merger basis, unless otherwise noted.
Healthcare Realty Trust Incorporated represents 380.55 million shares traded, while the company’s total market capitalization is $8.45 billion with the latest information. The HR stock price is found in the range from $22.21 to $22.55.
If compared to the average trading volume of 7.32 million shares, HR reached a trading volume of 24,46171 on the last trading day, which is why market watchers consider the stock to be active.
Here’s what top stock market experts have to say about Healthcare Realty Trust Incorporated [HR]:
Based on careful, fact-backed analysis by Wall Street experts, the current consensus on a target price for HR stocks is $30.20 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus on HR stocks is a set recommendation at 2.60. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.
Citigroup has made an estimate for shares of Healthcare Realty Trust Incorporated, maintaining their opinion of the stock as a buy, with their previous recommendation on September 19, 2022. The new note on price target was issued on August 11, 2022, representing the official target price for Healthcare Realty Trust Incorporated shares. . Previously, the target price had taken another increase to $27, while Citigroup analysts maintained a neutral rating on the HR stock.
The Average True Range (ATR) for Healthcare Realty Trust Incorporated is set at 0.61, with the price-to-sales ratio for HR inventory in the past 12 months being 12.51. The price-to-book ratio for the most recent quarter was 1.53, with the price-to-cash ratio for the stock in the same quarter set at 0.09. The HR free cash flow rate for the past 12 months was 232.04.
Analysis of the trading performance of HR stocks
Healthcare Real Estate Fund Incorporated [HR] It fell into the red at the end of last week, fell in a negative direction and fell by -2.87. With this latest performance, HR stocks are down -13.32% over the past four-week period, and also down -14.45% over the past six months – not to mention a -12.26% drop in the last year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for the last two week period HR stock is set at 29.99, with the RSI for the last one traded at 25.23, and the three-week RSI is set at 31.91 for Healthcare Realty Trust Incorporated [HR]. The current moving average of the last 50 trading days for this stock is 25.41, while it recorded at 22.90 for the last trading week, and 29.50 for the last 200 days.
Healthcare Real Estate Fund Incorporated [HR]A deeper look at fundamental analysis
Operating margin for any stock indicates how profitable the investment is, Healthcare Realty Trust Incorporated [HR] The stock currently has an operating margin of +22.30 and a gross margin of +28.89. Healthcare Realty Trust Incorporated net profit margin was recorded at +12.89.
The return on equity for this stock rose to 3.05, with the return on assets remaining at 1.43.
Healthcare Realty Trust Incorporated Insider Ownership Analysis [HR]
There are currently approximately $8,504 million, or 61.40% of HR equity, in the hands of institutional investors. The three largest HR owners are: VANGUARD GROUP INC with ownership of 54,227,546, which is approximately 1.253% of the company’s market capitalization and about 0.20% of the total corporate ownership; BLACKROCK INC. , which owns 3,738,627 shares of stock with an approximate value of $834.51 million in human resources stock; and COHEN & STEERS, INC. , currently holds $438.51 million in HR shares with ownership of approximately -23.589% of the company’s market capitalization.
Positions in shares of Healthcare Realty Trust Incorporated held by institutional investors increased at the end of August and at the time of the August report, as 230 institutional owners consolidated their positions in Healthcare Realty Trust Incorporated [NYSE:HR] About 61,007,791 shares. In addition, 269 investors reduced their positions by 61,566,415 shares, while 62 investors held positions by 258,425,846 shares. The said changes put institutional holdings at 381,000.052 shares, according to the latest report from the Securities and Exchange Commission. The number of shares in HR was 58 new institutional investors with a total of 9,262,818 shares, while 69 institutional investors sold positions worth 8,858,124 shares during the same period.