Analysts predict that Healthcare Trust Of America Inc (NYSE:HTA) will report earnings per share (EPS) of $0.42 for the current quarter, Zacks Investment Research reports. Five analysts have made estimates for Healthcare Trust Of America’s earnings, with estimates ranging from $0.41 to $0.43. Healthcare Trust Of America posted earnings of $0.41 per share in the same quarter last year, which suggests a positive year over year growth rate of 2.4%. The business is expected to announce its next quarterly earnings results before the market opens on Monday, April 30th.
On average, analysts expect that Healthcare Trust Of America will report full year earnings of $1.71 per share for the current financial year, with EPS estimates ranging from $1.68 to $1.75. For the next fiscal year, analysts anticipate that the company will report earnings of $1.80 per share, with EPS estimates ranging from $1.76 to $1.87. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Healthcare Trust Of America.
Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings data on Thursday, February 15th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.22). The company had revenue of $173.77 million for the quarter, compared to the consensus estimate of $176.07 million. Healthcare Trust Of America had a return on equity of 2.19% and a net margin of 10.41%.
A number of equities research analysts recently weighed in on the stock. BMO Capital Markets restated a “buy” rating and issued a $33.00 target price on shares of Healthcare Trust Of America in a report 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 on the stock in a report on Tuesday, January 9th. Raymond James Financial lowered shares of Healthcare Trust Of America from a “strong-buy” rating to an “outperform” rating and lowered their target price for the stock from $34.00 to $30.00 in a report on Tuesday, February 27th. Mizuho lowered shares of Healthcare Trust Of America from a “buy” rating to a “neutral” rating and set a $32.00 target price on the stock. in a report on Tuesday, February 20th. Finally, Jefferies Group restated a “buy” rating on shares of Healthcare Trust Of America in a report on Friday, February 23rd. Six investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $31.82.
Shares of HTA stock traded up $0.22 on Tuesday, reaching $25.67. 1,111,569 shares of the company were exchanged, compared to its average volume of 1,461,801. The stock has a market capitalization of $5,161.23, a PE ratio of 15.75, a price-to-earnings-growth ratio of 3.68 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 has a one year low of $24.50 and a one year high of $33.00.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 10th. Shareholders of record on Tuesday, April 3rd were paid a $0.305 dividend. The ex-dividend date was Monday, April 2nd. This represents a $1.22 annualized dividend and a yield of 4.75%. Healthcare Trust Of America’s dividend payout ratio (DPR) is 74.85%.
In other Healthcare Trust Of America news, CEO Scott D. Peters sold 77,425 shares of the stock in a transaction dated Monday, April 9th. The shares were sold at an average price of $26.28, for a total value of $2,034,729.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.50% of the company’s stock.
A number of large investors have recently bought and sold shares of the business. Xact Kapitalforvaltning AB purchased a new stake in Healthcare Trust Of America in the 4th quarter valued at about $408,000. Envestnet Asset Management Inc. increased its stake in Healthcare Trust Of America by 17.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 71,354 shares of the real estate investment trust’s stock valued at $2,144,000 after buying an additional 10,422 shares during the last quarter. Glenmede Trust Co. NA increased its stake in Healthcare Trust Of America by 100.0% in the 4th quarter. Glenmede Trust Co. NA now owns 4,000 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 2,000 shares during the last quarter. Vident Investment Advisory LLC purchased a new stake in Healthcare Trust Of America in the 4th quarter valued at about $275,000. Finally, LPL Financial LLC increased its stake in Healthcare Trust Of America by 41.2% in the 4th quarter. LPL Financial LLC now owns 420,145 shares of the real estate investment trust’s stock valued at $12,621,000 after buying an additional 122,684 shares during the last quarter.
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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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