FY2019 EPS Estimates for Healthcare Trust of America, Inc. Boosted by Jefferies Group (HTA)

Healthcare Trust of America, Inc. (NYSE:HTA) – Research analysts at Jefferies Group raised their FY2019 earnings per share estimates for Healthcare Trust of America in a note issued to investors on Monday. Jefferies Group analyst O. Okusanya now forecasts that the real estate investment trust will post earnings per share of $1.80 for the year, up from their prior estimate of $1.70. Jefferies Group currently has a “Buy” rating and a $34.00 price target on the stock.

Healthcare Trust of America (NYSE:HTA) last posted its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.34). The company had revenue of $176.00 million for the quarter, compared to analysts’ expectations of $163.62 million. Healthcare Trust of America had a return on equity of 1.50% and a net margin of 6.75%. The company’s revenue was up 48.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.40 EPS.

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HTA has been the topic of several other research reports. Zacks Investment Research upgraded Healthcare Trust of America from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a research report on Monday, October 23rd. Stifel Nicolaus increased their target price on Healthcare Trust of America from $34.00 to $35.00 and gave the stock a “hold” rating in a research report on Wednesday, October 25th. FBR & Co set a $32.00 target price on Healthcare Trust of America and gave the stock a “hold” rating in a research report on Wednesday, October 11th. Mitsubishi UFJ Financial Group restated an “overweight” rating on shares of Healthcare Trust of America in a research report on Sunday, October 29th. Finally, Mizuho restated a “buy” rating and set a $36.00 target price on shares of Healthcare Trust of America in a research report on Wednesday, October 4th. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $34.20.

Healthcare Trust of America (NYSE:HTA) traded down $0.10 during trading hours on Wednesday, hitting $30.65. The company’s stock had a trading volume of 904,100 shares, compared to its average volume of 1,542,242. The stock has a market capitalization of $6,300.25, a P/E ratio of 18.75, a P/E/G ratio of 4.67 and a beta of 0.31. Healthcare Trust of America has a 12-month low of $27.47 and a 12-month 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.

Several institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its holdings in shares of Healthcare Trust of America by 0.4% in the first quarter. PNC Financial Services Group Inc. now owns 7,300 shares of the real estate investment trust’s stock worth $229,000 after purchasing an additional 29 shares during the period. First Allied Advisory Services Inc. increased its holdings in shares of Healthcare Trust of America by 1.8% in the second quarter. First Allied Advisory Services Inc. now owns 7,875 shares of the real estate investment trust’s stock worth $243,000 after purchasing an additional 137 shares during the period. Public Employees Retirement System of Ohio increased its holdings in shares of Healthcare Trust of America by 0.3% in the first quarter. Public Employees Retirement System of Ohio now owns 62,418 shares of the real estate investment trust’s stock worth $1,964,000 after purchasing an additional 185 shares during the period. People s United Financial Inc. increased its holdings in shares of Healthcare Trust of America by 2.2% in the second quarter. People s United Financial Inc. now owns 17,397 shares of the real estate investment trust’s stock worth $542,000 after purchasing an additional 370 shares during the period. Finally, Global Endowment Management LP increased its stake in Healthcare Trust of America by 0.6% in the second quarter. Global Endowment Management LP now owns 91,760 shares of the real estate investment trust’s stock valued at $2,855,000 after acquiring an additional 570 shares during the last quarter. 97.88% of the stock is currently owned by hedge funds and other institutional investors.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 9th. Stockholders of record on Tuesday, January 2nd will be issued a $0.305 dividend. The ex-dividend date of this dividend is Friday, December 29th. This represents a $1.22 annualized dividend and a dividend yield of 3.98%. Healthcare Trust of America’s payout ratio 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.

Earnings History and Estimates for Healthcare Trust of America (NYSE:HTA)

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