A number of other research analysts have also recently commented on the stock. TheStreet upgraded shares of Healthcare Trust of America from a c rating to a b- rating in a research report on Tuesday, October 24th. Stifel Nicolaus raised their target price on shares of Healthcare Trust of America from $34.00 to $35.00 and gave the stock a hold rating in a report on Wednesday, October 25th. SunTrust Banks, Inc. set a $36.00 price target on shares of Healthcare Trust of America and gave the company a buy rating in a report on Tuesday, October 24th. Zacks Investment Research upgraded shares of Healthcare Trust of America from a hold rating to a buy rating and set a $33.00 price target on the stock in a report on Monday, October 23rd. Finally, FBR & Co set a $32.00 price target on shares of Healthcare Trust of America and gave the company a hold rating in a report on Wednesday, October 11th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of Buy and an average price target of $34.20.
Shares of Healthcare Trust of America (NYSE HTA) traded up $0.01 during trading on Friday, hitting $30.56. 1,119,282 shares of the stock were exchanged, compared to its average volume of 1,535,934. Healthcare Trust of America has a 52-week low of $27.47 and a 52-week high of $33.00. The stock has a market capitalization of $6,279.76, a P/E ratio of 18.69, a price-to-earnings-growth ratio of 4.65 and a beta of 0.31. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.30 and a current ratio of 1.30.
Healthcare Trust of America (NYSE:HTA) last announced its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.34). Healthcare Trust of America had a net margin of 6.75% and a return on equity of 1.50%. The company had revenue of $176.00 million during the quarter, compared to analysts’ expectations of $163.62 million. During the same period in the prior year, the business earned $0.40 earnings per share. The company’s revenue for the quarter was up 48.8% compared to the same quarter last year. equities research analysts expect that Healthcare Trust of America will post 1.65 EPS for the current year.
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The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 9th. Shareholders of record on Tuesday, January 2nd will be paid a dividend of $0.305 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 3.99%. Healthcare Trust of America’s dividend payout ratio is currently 508.35%.
Several institutional investors have recently added to or reduced their stakes in the business. Cetera Advisors LLC grew its stake in shares of Healthcare Trust of America by 12.8% during the 3rd quarter. Cetera Advisors LLC now owns 21,088 shares of the real estate investment trust’s stock valued at $627,000 after purchasing an additional 2,390 shares during the period. Eii Capital Management Inc. purchased a new position in Healthcare Trust of America in the 3rd quarter worth approximately $1,344,000. Neuberger Berman Group LLC lifted its holdings in Healthcare Trust of America by 48.8% in the 3rd quarter. Neuberger Berman Group LLC now owns 480,626 shares of the real estate investment trust’s stock worth $14,323,000 after purchasing an additional 157,557 shares in the last quarter. California Public Employees Retirement System lifted its holdings in Healthcare Trust of America by 7.0% in the 3rd quarter. California Public Employees Retirement System now owns 346,946 shares of the real estate investment trust’s stock worth $10,339,000 after purchasing an additional 22,846 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in Healthcare Trust of America by 5.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 71,469 shares of the real estate investment trust’s stock worth $2,130,000 after purchasing an additional 3,597 shares in the last quarter. Institutional investors and hedge funds own 97.88% of the company’s stock.
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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