Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of September 30, 2020, the Company owned 211 real estate properties in 24 states totaling 15.5 million square feet and was valued at approximately $5.5 billion. The Company provided leasing and property management services to 11.9 million square feet nationwide.
Company profile
Ticker
HR
Exchange
Website
CEO
Scott Peters
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Grubb & Ellis Healthcare REIT, Inc., Healthcare Trust of America Holdings, LP, HEALTHCARE TRUST OF AMERICA, INC., NNN Healthcare/Office REIT, Inc.
SEC CIK
Corporate docs
Subsidiaries
Healthcare Management of America, Inc. • Healthcare Trust of America Holdings, LP • HTA - MOB Acquisition, LLC • HTA - 10115 Kincey Avenue, LLC • HTA - 1060 Day Hill, LLC • HTA - 1070 North Curtis Road, LLC • HTA - 1080 Day Hill, LLC • HTA - 1092 Madison, LLC • HTA - 1223 Washington, LLC • HTA - 125 Rampart MOB, LLC ...
HR stock data
Analyst ratings and price targets
Current price
Average target
$21.00
Low target
$20.00
High target
$22.00
Citigroup
Downgraded
$20.00
JP Morgan
Maintains
$22.00
Latest filings (excl ownership)
8-K
Healthcare Realty Trust Reports Results for the Third Quarter
9 Nov 22
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Healthcare Realty Trust Announces Quarterly Dividend
2 Nov 22
8-K
Other Events
9 Aug 22
8-K
Healthcare Realty Trust Reports Results for the Second Quarter
9 Aug 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
8-K
Healthcare Realty Trust Announces Pro-rated Quarterly Dividend
5 Aug 22
8-K
Entry into a Material Definitive Agreement
26 Jul 22
8-K
Healthcare Realty Announces Final Results of Exchange Offers and Consent Solicitations
21 Jul 22
8-K
Healthcare Realty Trust and Healthcare Trust of America Announce Closing of Merger
21 Jul 22
Transcripts
HR
Earnings call transcript
2020 Q2
7 Aug 20
HR
Earnings call transcript
2020 Q1
6 May 20
HR
Earnings call transcript
2019 Q4
15 Feb 20
HR
Earnings call transcript
2019 Q3
29 Oct 19
HR
Earnings call transcript
2019 Q2
24 Jul 19
HR
Earnings call transcript
2019 Q1
26 Apr 19
HR
Earnings call transcript
2018 Q4
15 Feb 19
HR
Earnings call transcript
2018 Q3
26 Oct 18
HR
Earnings call transcript
2018 Q2
3 Aug 18
HR
Earnings call transcript
2018 Q1
30 Apr 18
Latest ownership filings
SC 13G/A
APG Asset Management US Inc.
12 Jan 23
4
JOHN M BRYANT JR
4 Jan 23
4
Robert E Hull
4 Jan 23
4
Todd J Meredith
4 Jan 23
4
J Christopher Douglas
4 Jan 23
4
Julie F. Wilson
4 Jan 23
4
Amanda L Callaway
4 Jan 23
4
J Christopher Douglas
14 Dec 22
4
Julie F. Wilson
14 Dec 22
4
Amanda L Callaway
14 Dec 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 57.58 mm | 57.58 mm | 57.58 mm | 57.58 mm | 57.58 mm | |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 8.60 mm | (no burn) | |
| Cash used (since last report) | n/a | n/a | n/a | 34.46 mm | n/a | |
| Cash remaining | n/a | n/a | n/a | 23.12 mm | n/a | |
| Runway (months of cash) | n/a | n/a | n/a | 2.7 | n/a | |
Institutional ownership, Q3 2022
92.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 369 |
| Opened positions | 359 |
| Closed positions | 4 |
| Increased positions | 7 |
| Reduced positions | 2 |
| 13F shares | Current |
|---|---|
| Total value | 8.34 bn |
| Total shares | 350.01 mm |
| Total puts | 899.38 k |
| Total calls | 465.70 k |
| Total put/call ratio | 1.9 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 54.59 mm | $1.14 bn |
| BLK Blackrock | 43.77 mm | $912.60 mm |
| CNS Cohen & Steers | 35.38 mm | $737.66 mm |
| PFG Principal Financial Group Inc - Registered Shares | 12.73 mm | $265.34 mm |
| JPM JPMorgan Chase & Co. | 11.83 mm | $246.64 mm |
| APG Asset Management US | 11.65 mm | $242.86 mm |
| IVZ Invesco | 9.93 mm | $206.96 mm |
| Nuance Investments | 9.27 mm | $193.18 mm |
| BK Bank Of New York Mellon | 6.32 mm | $131.75 mm |
| FMR | 5.97 mm | $124.55 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 Jan 23 | Julie F. Wilson | Common Stock | Grant | Acquire A | No | No | 19.13 | 17,642 | 337.49 k | 128,321 |
| 4 Jan 23 | Amanda L Callaway | Common Stock | Grant | Acquire A | No | No | 19.13 | 8,495 | 162.51 k | 87,236 |
| 4 Jan 23 | J Christopher Douglas | Common Stock | Grant | Acquire A | No | No | 19.13 | 19,603 | 375.01 k | 263,797 |
| 4 Jan 23 | Hull Robert E | Common Stock | Grant | Acquire A | No | No | 19.13 | 19,603 | 375.01 k | 207,129 |
| 4 Jan 23 | Todd J Meredith | Common Stock | Grant | Acquire A | No | No | 19.13 | 59,984 | 1.15 mm | 659,870 |
| 1 Jan 23 | J Christopher Douglas | Common Stock | Grant | Acquire A | No | No | 18.88 | 5,296 | 99.99 k | 244,194 |
| 31 Dec 22 | Hull Robert E | Common Stock | Payment of exercise | Dispose F | No | No | 19.27 | 265 | 5.11 k | 187,526 |
| 31 Dec 22 | Todd J Meredith | Common Stock | Payment of exercise | Dispose F | No | No | 19.27 | 3,155 | 60.80 k | 599,886 |
News
The 3 Best-Performing Healthcare REITs Over The Past Four Weeks
9 Jan 23
Jim Cramer Loves This Stock: 'We've Got So Much Money Coming For Infrastructure From The Federal Government'
27 Dec 22
Stocks That Hit 52-Week Lows On Tuesday
20 Dec 22
Benzinga's Top Ratings Upgrades, Downgrades For December 14, 2022
14 Dec 22
Citigroup Downgrades Healthcare Realty Trust to Neutral, Lowers Price Target to $20
14 Dec 22