Healthcare Reaches New 52-Week High (HR)

NEW YORK ( TheStreet) -- Healthcare Realty (NYSE: HR) hit a new 52-week high Monday as it is currently trading at $22.53, above its previous 52-week high of $22.52 with 84,868 shares traded as of 10:15 a.m. ET. Average volume has been 724,900 shares over the past 30 days.

Healthcare has a market cap of $1.7 billion and is part of the financial sector and real estate industry. Shares are up 20% 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 312.3, above the average real estate industry P/E ratio of 182.2 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Healthcare as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. You can view the full Healthcare Ratings Report.

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