Healthcare Rises On Unusually High Volume (HR)

NEW YORK ( TheStreet) -- Healthcare Realty (NYSE: HR) is trading at unusually high volume Monday with two million shares changing hands. It is currently at 4.3 times its average daily volume and trading up $1.09 (+4.9%) at $23.30 as of 4:02 p.m. ET.

Healthcare has a market cap of $1.5 billion and is part of the financial sector and real estate industry. Shares are up 4.9% year to date as of the close of trading on Friday.

Acquires existing healthcare facilities, provides property management, leasing and build-to-suit development services, and owns a portfolio of healthcare properties in the U.S. At Dec. 31, 2005, had investments of apx. $1.8 billion in 234 income-producing real estate properties and mortgages. The company has a P/E ratio of 360.2, above the average real estate industry P/E ratio of 166.2 and above the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Healthcare as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Healthcare Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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