Healthcare Trust Of America Inc (HTA) Receives $29.33 Average Target Price from Analysts

Shares of Healthcare Trust Of America Inc (NYSE:HTA) have received a consensus rating of “Hold” from the twelve ratings firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $28.83.

A number of analysts have issued reports on the company. SunTrust Banks reduced their price objective on Healthcare Trust Of America from $32.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, October 29th. Zacks Investment Research downgraded Healthcare Trust Of America from a “hold” rating to a “sell” rating in a research report on Tuesday, October 16th. ValuEngine upgraded Healthcare Trust Of America from a “hold” rating to a “buy” rating in a research report on Thursday, December 6th. TheStreet upgraded Healthcare Trust Of America from a “c+” rating to a “b” rating in a research report on Thursday, December 6th. Finally, Mizuho upgraded Healthcare Trust Of America from a “neutral” rating to a “buy” rating and set a $32.00 price target on the stock in a research report on Tuesday, November 13th.

Shares of NYSE:HTA traded up $0.06 during midday trading on Friday, reaching $26.25. The company had a trading volume of 33,963 shares, compared to its average volume of 1,692,379. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.33 and a current ratio of 1.33. The company has a market capitalization of $5.34 billion, a P/E ratio of 16.10, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. Healthcare Trust Of America has a 52-week low of $24.06 and a 52-week high of $29.22.

Healthcare Trust Of America (NYSE:HTA) last announced its quarterly earnings results on Thursday, October 25th. The real estate investment trust reported $0.41 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.41. Healthcare Trust Of America had a return on equity of 7.31% and a net margin of 34.48%. The firm had revenue of $175.14 million for the quarter, compared to analysts’ expectations of $174.85 million. As a group, research analysts predict that Healthcare Trust Of America will post 1.63 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 9th. Stockholders of record on Wednesday, January 2nd were given a $0.31 dividend. The ex-dividend date of this dividend was Monday, December 31st. This represents a $1.24 annualized dividend and a dividend yield of 4.72%. Healthcare Trust Of America’s dividend payout ratio (DPR) is presently 76.07%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue grew its stake in shares of Healthcare Trust Of America by 1.9% in the fourth quarter. State of Alaska Department of Revenue now owns 89,566 shares of the real estate investment trust’s stock valued at $2,265,000 after buying an additional 1,643 shares in the last quarter. Macquarie Group Ltd. boosted its holdings in Healthcare Trust Of America by 2.8% in the second quarter. Macquarie Group Ltd. now owns 67,048 shares of the real estate investment trust’s stock valued at $1,808,000 after purchasing an additional 1,850 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in Healthcare Trust Of America by 5.9% in the third quarter. Oppenheimer Asset Management Inc. now owns 37,824 shares of the real estate investment trust’s stock valued at $1,009,000 after purchasing an additional 2,122 shares during the period. Park Avenue Securities LLC boosted its holdings in Healthcare Trust Of America by 15.9% in the third quarter. Park Avenue Securities LLC now owns 17,107 shares of the real estate investment trust’s stock valued at $445,000 after purchasing an additional 2,352 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in Healthcare Trust Of America by 14.0% in the third quarter. Nisa Investment Advisors LLC now owns 19,600 shares of the real estate investment trust’s stock valued at $523,000 after purchasing an additional 2,400 shares during the period. Institutional investors and hedge funds own 95.05% of the company’s stock.

Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 billion invested primarily in MOBs. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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

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