Did you sort this out yet?
There is no reason factory Hornady 250gr BTHP ammo should be keyholing at 50m. 1-10" or faster is enough twist in the barrel to stabilize it. According to JBM ballistics, the Miller stability factor for this bullet in a 1-10 twist barrel at 2750 fps is 2.1 or in other words, plenty fast enough twist.
Do you have a bore scope or access to one? It's just a guess but you may have been sold a shot out used barrel.
As others have also stated , the problem may also be a damaged crown or misaligned brake.
I’m still working on it, I have been in touch with desert tech and have been following their advice to try and get to the bottom, but I have been awful busy at work and haven’t made it out to try it again. When I get a chance it’s going to a gunsmith, if it’s done for it will get re-barreled. I’ll keep you guys posted. It’s my first magnum and I’m pretty inexperienced so at the very least it will be a good learning opportunity.