Moody's affirmed its ratings on Healthcare Realty Trust Inc., with a stable outlook.

The action applies to the healthcare real estate investment trust's Baa2 senior unsecured debt rating, (P)Baa2 senior unsecured debt shelf rating and its (P)Baa3 subordinate debt shelf and preferred shelf ratings.

Moody's said the Baa2 rating takes into account the stable performance of the REIT's portfolio of medical office buildings, as well as its prudent capital strategy and sound financial metrics.

The stable outlook factors in the rating agency's expectation that the REIT will continue to see strong operating performance and that its credit metrics and financial policy will stay consistent with benchmarks for the rating level.