NYSE:HRHealth Care REITs
US$1 Billion ATM Equity Offering and Analyst Upgrade Might Change The Case For Investing In Healthcare Realty Trust (HR)
Earlier this week, Healthcare Realty Trust Incorporated filed a Follow-on Equity Offering for up to US$1.00 billion of Class A common stock through an at-the-market program to help fund healthcare facility projects and reinforce its financial position.
This capital-raising move coincides with an upgrade to a Zacks Rank #2 (Buy), reflecting improving earnings estimates and growing institutional interest in the REIT’s outpatient-focused portfolio.
Next, we’ll examine how this US$1.00 billion...