Healthcare Trust Of America Inc (HTA) Receives Average Recommendation of “Buy” from Brokerages

Healthcare Trust Of America Inc (NYSE:HTA) has been assigned an average recommendation of “Buy” from the sixteen research firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, eight have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $33.78.

Several equities analysts recently commented on HTA shares. TheStreet upgraded shares of Healthcare Trust Of America from a “c” rating to a “b-” rating in a research note on Tuesday, October 24th. SunTrust Banks set a $33.00 target price on shares of Healthcare Trust Of America and gave the company a “buy” rating in a research note on Monday, January 22nd. BMO Capital Markets reiterated a “buy” rating and set a $33.00 target price on shares of Healthcare Trust Of America in a research note on Tuesday, January 9th. Zacks Investment Research upgraded shares of Healthcare Trust Of America from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a research note on Tuesday, January 9th. Finally, Stifel Nicolaus upped their target price on shares of Healthcare Trust Of America from $34.00 to $35.00 and gave the company a “hold” rating in a research note on Wednesday, October 25th.

A number of institutional investors have recently made changes to their positions in HTA. PNC Financial Services Group Inc. increased its holdings in Healthcare Trust Of America by 33.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 9,725 shares of the real estate investment trust’s stock valued at $303,000 after buying an additional 2,425 shares during the period. Parametric Portfolio Associates LLC grew its holdings in shares of Healthcare Trust Of America by 10.9% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 139,261 shares of the real estate investment trust’s stock worth $4,332,000 after purchasing an additional 13,690 shares during the last quarter. Voya Investment Management LLC grew its holdings in shares of Healthcare Trust Of America by 8.4% in the 2nd quarter. Voya Investment Management LLC now owns 54,997 shares of the real estate investment trust’s stock worth $1,711,000 after purchasing an additional 4,276 shares during the last quarter. Stifel Financial Corp bought a new stake in shares of Healthcare Trust Of America in the 2nd quarter worth about $1,669,000. Finally, Macquarie Group Ltd. grew its holdings in shares of Healthcare Trust Of America by 13.1% in the 2nd quarter. Macquarie Group Ltd. now owns 71,720 shares of the real estate investment trust’s stock worth $2,231,000 after purchasing an additional 8,325 shares during the last quarter. 98.17% of the stock is currently owned by hedge funds and other institutional investors.

Healthcare Trust Of America (NYSE:HTA) traded down $0.23 during trading hours on Wednesday, reaching $25.66. 1,071,088 shares of the company traded hands, compared to its average volume of 1,458,045. The firm has a market cap of $5,322.94, a PE ratio of 106.92, a P/E/G ratio of 3.68 and a beta of 0.16. Healthcare Trust Of America has a 1 year low of $25.15 and a 1 year high of $33.00. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.88.

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About Healthcare Trust Of America

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.

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

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