Healthcare Trust of America, Inc. (NYSE:HTA) – Equities research analysts at Jefferies Group increased their FY2017 earnings estimates for Healthcare Trust of America in a research report issued on Monday. Jefferies Group analyst O. Okusanya now anticipates that the real estate investment trust will post earnings of $1.65 per share for the year, up from their prior forecast of $1.62. Jefferies Group currently has a “Buy” rating and a $34.00 target price on the stock. Jefferies Group also issued estimates for Healthcare Trust of America’s Q4 2017 earnings at $0.42 EPS and FY2018 earnings at $1.74 EPS.
Several other research analysts have also commented on the stock. Zacks Investment Research raised shares of Healthcare Trust of America from a “sell” rating to a “hold” rating in a report on Thursday, August 24th. Mitsubishi UFJ Financial Group reiterated an “overweight” rating on shares of Healthcare Trust of America in a report on Sunday, October 29th. BidaskClub lowered shares of Healthcare Trust of America from a “hold” rating to a “sell” rating in a report on Monday, July 31st. BMO Capital Markets reaffirmed a “buy” rating and set a $35.00 price objective on shares of Healthcare Trust of America in a research report on Monday, October 2nd. Finally, TheStreet raised shares of Healthcare Trust of America from a “c” rating to a “b-” rating in a research report on Tuesday, October 24th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. Healthcare Trust of America presently has an average rating of “Buy” and a consensus price target of $34.20.
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Shares of Healthcare Trust of America (HTA) opened at $30.26 on Tuesday. The firm has a market cap of $6,279.76, a PE ratio of 18.69, a PEG ratio of 4.65 and a beta of 0.31. Healthcare Trust of America has a 1 year low of $27.47 and a 1 year high of $33.00. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.30 and a quick ratio of 1.30.
Healthcare Trust of America (NYSE:HTA) last issued its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.34). The company had revenue of $176.00 million during the quarter, compared to analysts’ expectations of $163.62 million. Healthcare Trust of America had a net margin of 6.75% and a return on equity of 1.50%. The company’s quarterly revenue was up 48.8% on a year-over-year basis. During the same period last year, the business posted $0.40 earnings per share.
Hedge funds have recently made changes to their positions in the business. V Wealth Management LLC acquired a new stake in shares of Healthcare Trust of America in the second quarter valued at approximately $101,000. Zions Bancorporation bought a new position in Healthcare Trust of America during the third quarter worth $120,000. First Mercantile Trust Co. bought a new position in Healthcare Trust of America during the second quarter worth $132,000. US Bancorp DE lifted its holdings in shares of Healthcare Trust of America by 1,142.9% during the second quarter. US Bancorp DE now owns 4,350 shares of the real estate investment trust’s stock worth $135,000 after buying an additional 4,000 shares in the last quarter. Finally, Public Employees Retirement Association of Colorado lifted its holdings in shares of Healthcare Trust of America by 44.0% during the second quarter. Public Employees Retirement Association of Colorado now owns 6,175 shares of the real estate investment trust’s stock worth $192,000 after buying an additional 1,888 shares in the last quarter. Hedge funds and other institutional investors own 97.88% of the company’s stock.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 9th. Shareholders of record on Tuesday, January 2nd will be issued a dividend of $0.305 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $1.22 annualized dividend and a yield of 4.03%. Healthcare Trust of America’s dividend payout ratio (DPR) is currently 508.35%.
Healthcare Trust of America Company Profile
Healthcare Trust of America, Inc is a real estate investment trust. The Company is an owner and operator of medical office buildings (MOBs) in the United States. The Company focuses on owning and operating MOBs that serve healthcare delivery and are located on health system campuses, near university medical centers, or in community core outpatient locations.
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