Healthcare Trust Of America Inc (HTA) Given Consensus Rating of “Hold” by Analysts

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Shares of Healthcare Trust Of America Inc (NYSE:HTA) have earned an average recommendation of “Hold” from the thirteen analysts that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $29.86.

Several brokerages have recently weighed in on HTA. Zacks Investment Research downgraded Healthcare Trust Of America from a “hold” rating to a “sell” rating in a research note on Friday, December 28th. TheStreet downgraded Healthcare Trust Of America from a “b” rating to a “c+” rating in a research note on Monday, January 14th. BMO Capital Markets reissued a “hold” rating and issued a $28.00 price objective on shares of Healthcare Trust Of America in a research note on Thursday, February 14th. ValuEngine downgraded Healthcare Trust Of America from a “buy” rating to a “hold” rating in a research note on Tuesday, December 25th. Finally, Jefferies Financial Group raised Healthcare Trust Of America from a “hold” rating to a “buy” rating and increased their price objective for the company from $30.00 to $33.00 in a research note on Friday, March 29th.

A number of hedge funds and other institutional investors have recently bought and sold shares of HTA. JPMorgan Chase & Co. raised its stake in Healthcare Trust Of America by 56.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,180,784 shares of the real estate investment trust’s stock valued at $191,513,000 after purchasing an additional 2,603,289 shares during the last quarter. Lasalle Investment Management Securities LLC raised its stake in Healthcare Trust Of America by 1,231.9% in the 4th quarter. Lasalle Investment Management Securities LLC now owns 2,449,445 shares of the real estate investment trust’s stock valued at $61,995,000 after purchasing an additional 2,265,536 shares during the last quarter. Norges Bank acquired a new stake in shares of Healthcare Trust Of America in the 4th quarter worth $47,727,000. Victory Capital Management Inc. increased its stake in shares of Healthcare Trust Of America by 24.4% in the 4th quarter. Victory Capital Management Inc. now owns 8,419,331 shares of the real estate investment trust’s stock worth $213,094,000 after acquiring an additional 1,653,031 shares during the last quarter. Finally, American Century Companies Inc. acquired a new stake in shares of Healthcare Trust Of America in the 4th quarter worth $38,857,000. 92.80% of the stock is owned by hedge funds and other institutional investors.

Healthcare Trust Of America stock traded up $0.31 during mid-day trading on Tuesday, hitting $27.50. The company had a trading volume of 1,059,044 shares, compared to its average volume of 1,339,365. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.76. The firm has a market cap of $5.64 billion, a PE ratio of 16.98, a P/E/G ratio of 5.08 and a beta of 0.51. Healthcare Trust Of America has a 12-month low of $24.06 and a 12-month high of $29.22.

Healthcare Trust Of America (NYSE:HTA) last announced its earnings results on Thursday, February 14th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.34). The business had revenue of $172.30 million for the quarter, compared to analyst estimates of $172.80 million. Healthcare Trust Of America had a return on equity of 6.51% and a net margin of 30.65%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.41 earnings per share. On average, equities research analysts forecast that Healthcare Trust Of America will post 1.64 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Wednesday, April 3rd were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 4.51%. The ex-dividend date was Tuesday, April 2nd. Healthcare Trust Of America’s dividend payout ratio is currently 76.54%.

About Healthcare Trust Of America

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 billion invested primarily in MOBs. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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Analyst Recommendations for Healthcare Trust Of America (NYSE:HTA)

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