Healthcare Trust Of America Inc (NYSE:HTA) Receives Average Rating of “Buy” from Analysts

Shares of Healthcare Trust Of America Inc (NYSE:HTA) have been assigned a consensus recommendation of “Buy” from the thirteen research firms that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $31.13.

HTA has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Healthcare Trust Of America from a “hold” rating to a “buy” rating and set a $34.00 target price for the company in a report on Wednesday. Cfra downgraded Healthcare Trust Of America from a “buy” rating to a “hold” rating in a research report on Tuesday, October 29th. TheStreet downgraded Healthcare Trust Of America from a “b-” rating to a “c” rating in a research report on Friday, November 29th. Stifel Nicolaus upgraded Healthcare Trust Of America from a “hold” rating to a “buy” rating and lifted their target price for the stock from $30.00 to $33.00 in a research report on Tuesday, November 26th. Finally, Berenberg Bank began coverage on Healthcare Trust Of America in a research report on Thursday, September 12th. They set a “buy” rating and a $33.00 target price for the company.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Millennium Management LLC grew its stake in Healthcare Trust Of America by 183.0% in the third quarter. Millennium Management LLC now owns 1,062,750 shares of the real estate investment trust’s stock valued at $31,223,000 after purchasing an additional 687,259 shares during the last quarter. IHT Wealth Management LLC purchased a new stake in shares of Healthcare Trust Of America during the third quarter worth about $232,000. Public Employees Retirement System of Ohio grew its stake in shares of Healthcare Trust Of America by 5.0% during the third quarter. Public Employees Retirement System of Ohio now owns 69,074 shares of the real estate investment trust’s stock worth $2,029,000 after acquiring an additional 3,307 shares during the last quarter. Doheny Asset Management CA grew its stake in shares of Healthcare Trust Of America by 292.7% during the third quarter. Doheny Asset Management CA now owns 64,010 shares of the real estate investment trust’s stock worth $1,881,000 after acquiring an additional 47,710 shares during the last quarter. Finally, Parametric Portfolio Associates LLC grew its stake in shares of Healthcare Trust Of America by 18.1% during the third quarter. Parametric Portfolio Associates LLC now owns 333,625 shares of the real estate investment trust’s stock worth $9,802,000 after acquiring an additional 51,239 shares during the last quarter. Institutional investors own 90.13% of the company’s stock.

HTA traded down $0.15 during trading on Wednesday, reaching $30.19. 2,395,000 shares of the company traded hands, compared to its average volume of 1,396,852. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.46 and a current ratio of 1.46. Healthcare Trust Of America has a 12-month low of $24.21 and a 12-month high of $31.57. The firm has a fifty day simple moving average of $29.97 and a 200 day simple moving average of $28.66. The company has a market cap of $6.29 billion, a P/E ratio of 18.64, a PEG ratio of 5.61 and a beta of 0.26.

Healthcare Trust Of America (NYSE:HTA) last announced its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.36). Healthcare Trust Of America had a net margin of 5.31% and a return on equity of 1.80%. The company had revenue of $175.00 million for the quarter, compared to analysts’ expectations of $174.45 million. During the same period last year, the business earned $0.41 earnings per share. The company’s quarterly revenue was down .1% compared to the same quarter last year. As a group, sell-side analysts expect that Healthcare Trust Of America will post 1.64 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, January 2nd will be issued a $0.315 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.26 annualized dividend and a dividend yield of 4.17%. Healthcare Trust Of America’s payout ratio is currently 77.78%.

About Healthcare Trust Of America

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.

Featured Story: Why does a company issue an IPO?

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

Receive News & Ratings for Healthcare Trust Of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Trust Of America and related companies with MarketBeat.com's FREE daily email newsletter.