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Recent Insider Activity Could Benefit Healthcare Realty Trust Inc (HR)

In a filing, Healthcare Realty Trust Inc revealed its EVP – Investments Hull Robert E unloaded Company’s shares for reported $0.43 million on Dec 19 ’23. In the deal valued at $17.01 per share,25,394 shares were sold. As a result of this transaction, Hull Robert E now holds 169,257 shares worth roughly $2.35 million.

Then, Wilson Julie F. sold 4,100 shares, generating $70,930 in total proceeds. Upon selling the shares at $17.30, the EVP – Operations now owns 116,233 shares.

Before that, SINGLETON JOHN KNOX bought 31,500 shares. Healthcare Realty Trust Inc shares valued at $538,965 were divested by the Director at a price of $17.11 per share. As a result of the transaction, SINGLETON JOHN KNOX now holds 50,582 shares, worth roughly $0.7 million.

Wedbush downgraded its Healthcare Realty Trust Inc [HR] rating to a Neutral from a an Outperform in a research note published on February 20, 2024; the price target was decreased to $15 from $19. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in mid February from “a Buy” to “a Hold”. Deutsche Bank began covering HR with “Hold” recommendation on January 30, 2024. BTIG Research revised its rating on October 24, 2023. It rated HR as “a Buy” which previously was an “a Neutral”.

Price Performance Review of HR

On Monday, Healthcare Realty Trust Inc [NYSE:HR] saw its stock fall -1.56% to $13.89. Over the last five days, the stock has lost -1.70%. Healthcare Realty Trust Inc shares have fallen nearly -19.38% since the year began. Nevertheless, the stocks have fallen -29.38% over the past one year. While a 52-week high of $20.32 was reached on 01/12/24, a 52-week low of $12.77 was recorded on 03/15/24. SMA at 50 days reached $14.07, while 200 days put it at $15.96. A total of 3.1 million shares were traded, compared to the trading of 3.12 million shares in the previous session.

Levels Of Support And Resistance For HR Stock

The 24-hour chart illustrates a support level at 13.68, which if violated will result in even more drops to 13.48. On the upside, there is a resistance level at 14.11. A further resistance level may holdings at 14.34. The Relative Strength Index (RSI) on the 14-day chart is 48.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.57%. Stochastics %K at 56.84% indicates the stock is a holding.

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