Healthcare Trust of America, Inc. (NYSE:HTA) – Research analysts at Jefferies Group reduced their Q3 2017 earnings per share estimates for Healthcare Trust of America in a report issued on Wednesday. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will earn $0.39 per share for the quarter, down from their prior forecast of $0.43. Jefferies Group has a “Buy” rating and a $36.00 price target on the stock. Jefferies Group also issued estimates for Healthcare Trust of America’s Q4 2017 earnings at $0.43 EPS, FY2017 earnings at $1.65 EPS, FY2018 earnings at $1.76 EPS and FY2019 earnings at $1.76 EPS.

Healthcare Trust of America (NYSE:HTA) last issued its quarterly earnings results on Wednesday, April 26th. The real estate investment trust reported $0.41 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.41. Healthcare Trust of America had a return on equity of 2.63% and a net margin of 10.38%. The business had revenue of $124.30 million for the quarter, compared to the consensus estimate of $122.79 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. Healthcare Trust of America’s revenue for the quarter was up 15.8% compared to the same quarter last year.

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

A number of other equities research analysts have also recently issued reports on HTA. Mitsubishi UFJ Financial Group Inc restated a “buy” rating on shares of Healthcare Trust of America in a report on Thursday, May 4th. Mitsubishi UFJ Financial Group restated a “buy” rating on shares of Healthcare Trust of America in a report on Wednesday, May 3rd. BMO Capital Markets set a $33.00 price target on shares of Healthcare Trust of America and gave the company a “hold” rating in a research report on Monday, May 15th. Finally, Zacks Investment Research upgraded shares of Healthcare Trust of America from a “sell” rating to a “hold” rating in a research report on Monday, February 20th. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Healthcare Trust of America has an average rating of “Buy” and an average target price of $34.29.

Healthcare Trust of America (HTA) opened at 31.87 on Thursday. Healthcare Trust of America has a 52 week low of $26.34 and a 52 week high of $34.64. The firm has a 50-day moving average price of $31.01 and a 200-day moving average price of $30.43. The stock has a market cap of $4.58 billion, a P/E ratio of 93.74 and a beta of 0.32.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 11th. Investors of record on Wednesday, July 5th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Friday, June 30th. This represents a $1.20 annualized dividend and a dividend yield of 3.75%. Healthcare Trust of America’s dividend payout ratio is 363.64%.

In other news, Director Daniel S. Henson purchased 10,000 shares of the business’s stock in a transaction on Friday, May 5th. The shares were acquired at an average price of $29.74 per share, with a total value of $297,400.00. Following the completion of the transaction, the director now owns 13,741 shares of the company’s stock, valued at approximately $408,657.34. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Warren D. Fix purchased 3,000 shares of the business’s stock in a transaction on Wednesday, May 3rd. The shares were purchased at an average cost of $29.64 per share, for a total transaction of $88,920.00. Following the transaction, the director now directly owns 56,425 shares of the company’s stock, valued at approximately $1,672,437. The disclosure for this purchase can be found here. Insiders own 1.50% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. WFG Advisors LP raised its stake in Healthcare Trust of America by 466.3% in the fourth quarter. WFG Advisors LP now owns 2,809 shares of the real estate investment trust’s stock worth $139,000 after buying an additional 2,313 shares in the last quarter. Pacad Investment Ltd. purchased a new stake in Healthcare Trust of America during the fourth quarter valued at approximately $102,000. Comerica Bank purchased a new stake in Healthcare Trust of America during the first quarter valued at approximately $202,000. Brookstone Capital Management purchased a new stake in Healthcare Trust of America during the first quarter valued at approximately $209,000. Finally, Fort Washington Investment Advisors Inc. OH purchased a new stake in Healthcare Trust of America during the first quarter valued at approximately $211,000. Hedge funds and other institutional investors own 89.60% 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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