Shares of Healthcare Trust Of America Inc (NYSE:HTA) have been given an average rating of “Buy” by the sixteen research firms that are currently covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $31.80.
HTA has been the subject of a number of research reports. TheStreet cut shares of Healthcare Trust Of America from a “b-” rating to a “c+” rating in a research report on Monday, December 11th. Raymond James Financial lowered shares of Healthcare Trust Of America from a “strong-buy” rating to an “outperform” rating and dropped their price objective for the company from $34.00 to $30.00 in a research note on Tuesday, February 27th. Zacks Investment Research lowered shares of Healthcare Trust Of America from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Morgan Stanley dropped their price objective on shares of Healthcare Trust Of America from $33.00 to $30.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 20th. Finally, SunTrust Banks set a $33.00 price objective on shares of Healthcare Trust Of America and gave the company a “buy” rating in a research note on Monday, January 22nd.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Zions Bancorporation acquired a new position in shares of Healthcare Trust Of America during the third quarter worth about $120,000. Glenmede Trust Co. NA increased its stake in shares of Healthcare Trust Of America by 100.0% during the fourth quarter. Glenmede Trust Co. NA now owns 4,000 shares of the real estate investment trust’s stock worth $120,000 after acquiring an additional 2,000 shares during the period. American International Group Inc. acquired a new position in shares of Healthcare Trust Of America during the fourth quarter worth about $128,000. YorkBridge Wealth Partners LLC increased its stake in shares of Healthcare Trust Of America by 61.1% during the fourth quarter. YorkBridge Wealth Partners LLC now owns 5,220 shares of the real estate investment trust’s stock worth $138,000 after acquiring an additional 1,979 shares during the period. Finally, Shelton Capital Management acquired a new position in shares of Healthcare Trust Of America during the fourth quarter worth about $201,000.
Shares of HTA opened at $26.43 on Thursday. Healthcare Trust Of America has a 1-year low of $24.50 and a 1-year high of $33.00. The firm has a market capitalization of $5,415.30, a P/E ratio of 16.12, a P/E/G ratio of 3.86 and a beta of 0.20. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.24 and a quick ratio of 1.24.
Healthcare Trust Of America (NYSE:HTA) last announced its quarterly earnings results on Thursday, February 15th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.22). Healthcare Trust Of America had a net margin of 10.41% and a return on equity of 2.19%. The company had revenue of $173.77 million during the quarter, compared to analysts’ expectations of $176.07 million. sell-side analysts predict that Healthcare Trust Of America will post 1.71 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 10th. Shareholders of record on Tuesday, April 3rd will be paid a $0.305 dividend. The ex-dividend date of this dividend is Monday, April 2nd. This represents a $1.22 dividend on an annualized basis and a yield of 4.62%. Healthcare Trust Of America’s dividend payout ratio is presently 74.85%.
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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.
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