E Daily Stock Pick: Healthcare Realty Trust

This week, I'm looking for the fourth healthcare representative of six for my Ivy portfolio.

My healthcare sector includes eleven industries all related to testing, diagnosing and treating what ails us: biotechnology; diagnostics & research; drug manufacturers - major and - specialty & generic; healthcare plans; long-term care facilities; healthcare REITs, medical care; medical devices; medical distribution; medical supplies.

Today I'm reviewing a mid-cap health care REIT named Healthcare Realty Trust Inc. Its trading ticker symbol is HR.

Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. The company focuses on owning, leasing, and managing outpatient facilities and other healthcare properties.

The company considers merger and acquisition investment as a component of its operational growth strategy. It works with developers that have strong ties to a local health system and physicians. The company works to invest in outpatient facilities that are integral to a hospital's operations. It generates all of its revenue in the United States.

As of December 31, 2018, the Company owned 199 real estate properties in 27 states totaling 14.8 million square feet and was valued at approximately $4.9 billion. The Company provided leasing and property management services to 11.2 million square feet nationwide.

All that has grown form an initial portfolio of 21 healthcare facilities in 1993. Healthcare Realty Trust Inc is headquartered in  Nashville, TN.

I use three key data points to gauge the value of any dividend equity-like Healthcare Realty Trust Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

HR Price

HR's price per share closed at $31.00 yesterday. A year ago its price was $27.86. Price rose $3.15 or 11.3% in the past year.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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