Healthcare Trust Of America (NYSE:HTA) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of Healthcare Trust Of America (NYSE:HTA) from a hold rating to a buy rating in a research report released on Tuesday, January 9th. The brokerage currently has $32.00 price objective on the real estate investment trust’s stock.

According to Zacks, “Healthcare Trust of America, Inc. is a self-administered real estate investment trust. The Company primarily focuses on medical office buildings, healthcare-related facilities and quality commercial office properties. It also invests to a limited extent in other real estate-related assets. Its portfolio is positioned in metropolitan markets such as Atlanta, GA, Phoenix, AZ, Indianapolis, IN, Greenville, SC, Pittsburgh, PA, Albany, NY, Boston, MA and both Dallas and Houston, TX. Healthcare Trust of America, Inc. is headquartered in Scottsdale, Arizona. “

A number of other equities research analysts also recently weighed in on HTA. Capital One Financial reaffirmed an equal weight rating and set a $31.00 price objective on shares of Healthcare Trust Of America in a research report on Monday, September 25th. 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. Jefferies Group reaffirmed a buy rating and set a $34.00 price objective on shares of Healthcare Trust Of America in a research report on Tuesday, October 3rd. Mizuho reaffirmed a buy rating and set a $36.00 price objective on shares of Healthcare Trust Of America in a research report on Wednesday, October 4th. Finally, FBR & Co set a $32.00 price objective on shares of Healthcare Trust Of America and gave the company a hold rating in a research report on Wednesday, October 11th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of $33.60.

Shares of Healthcare Trust Of America (NYSE HTA) opened at $27.32 on Tuesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.30 and a current ratio of 1.30. Healthcare Trust Of America has a 1 year low of $26.26 and a 1 year high of $33.00. The firm has a market cap of $5,552.41, a PE ratio of 113.84, a P/E/G ratio of 3.84 and a beta of 0.16.

A number of institutional investors have recently bought and sold shares of HTA. Schwab Charles Investment Management Inc. boosted its stake in Healthcare Trust Of America by 32.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 896,904 shares of the real estate investment trust’s stock valued at $27,903,000 after purchasing an additional 218,820 shares during the period. First Trust Advisors LP boosted its stake in Healthcare Trust Of America by 19.5% during the 2nd quarter. First Trust Advisors LP now owns 56,418 shares of the real estate investment trust’s stock valued at $1,755,000 after purchasing an additional 9,217 shares during the period. SG Americas Securities LLC boosted its stake in Healthcare Trust Of America by 37.9% during the 2nd quarter. SG Americas Securities LLC now owns 10,653 shares of the real estate investment trust’s stock valued at $331,000 after purchasing an additional 2,930 shares during the period. Comerica Bank lifted its stake in shares of Healthcare Trust Of America by 58.0% in the 2nd quarter. Comerica Bank now owns 9,928 shares of the real estate investment trust’s stock worth $302,000 after acquiring an additional 3,646 shares during the period. Finally, Prudential Financial Inc. lifted its stake in shares of Healthcare Trust Of America by 38.9% in the 2nd quarter. Prudential Financial Inc. now owns 12,490 shares of the real estate investment trust’s stock worth $389,000 after acquiring an additional 3,500 shares during the period. 98.44% of the stock is owned by hedge funds and other institutional investors.

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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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