Healthcare Trust of America, Inc. (NYSE:HTA) was upgraded by equities research analysts at Raymond James Financial, Inc. from an “outperform” rating to a “strong-buy” rating in a research note issued on Monday.

Several other research firms have also recently issued reports on HTA. Mizuho reissued a “buy” rating on shares of Healthcare Trust of America in a research note on Tuesday, June 27th. BidaskClub raised Healthcare Trust of America from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 27th. BMO Capital Markets reissued a “hold” rating and issued a $33.00 target price on shares of Healthcare Trust of America in a research note on Wednesday, April 12th. Zacks Investment Research cut Healthcare Trust of America from a “hold” rating to a “sell” rating in a research note on Tuesday, April 25th. Finally, Wells Fargo & Company reissued an “outperform” rating and issued a $35.00 target price (up from $33.50) on shares of Healthcare Trust of America in a research note on Friday, June 16th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $34.30.

Shares of Healthcare Trust of America (NYSE HTA) opened at 29.97 on Monday. The company’s 50 day moving average price is $31.54 and its 200 day moving average price is $30.70. The company has a market cap of $4.31 billion, a price-to-earnings ratio of 88.15 and a beta of 0.32. Healthcare Trust of America has a 12 month low of $26.34 and a 12 month high of $34.64.

Healthcare Trust of America (NYSE:HTA) last posted its earnings results on Wednesday, April 26th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.41. The company had revenue of $124.30 million for the quarter, compared to analysts’ expectations of $122.79 million. Healthcare Trust of America had a return on equity of 2.63% and a net margin of 10.38%. Healthcare Trust of America’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period last year, the firm earned $0.40 earnings per share. On average, equities analysts expect that Healthcare Trust of America will post $0.23 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 11th. Shareholders of record on Wednesday, July 5th were given a dividend of $0.30 per share. The ex-dividend date was Friday, June 30th. This represents a $1.20 annualized dividend and a yield of 4.00%. Healthcare Trust of America’s payout ratio is 363.64%.

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In other Healthcare Trust of America news, CEO Scott D. Peters sold 65,000 shares of Healthcare Trust of America stock in a transaction that occurred on Thursday, May 4th. The stock was sold at an average price of $29.63, for a total transaction of $1,925,950.00. Following the sale, the chief executive officer now directly owns 460,332 shares of the company’s stock, valued at approximately $13,639,637.16. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Scott D. Peters sold 55,240 shares of Healthcare Trust of America stock in a transaction that occurred on Tuesday, June 27th. The shares were sold at an average price of $32.06, for a total value of $1,770,994.40. Following the sale, the chief executive officer now directly owns 405,092 shares in the company, valued at $12,987,249.52. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Healthcare Trust of America during the fourth quarter worth approximately $37,856,000. FMR LLC boosted its stake in shares of Healthcare Trust of America by 73.6% in the fourth quarter. FMR LLC now owns 1,664,009 shares of the real estate investment trust’s stock worth $48,439,000 after buying an additional 705,700 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Healthcare Trust of America by 6.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,523 shares of the real estate investment trust’s stock worth $268,000 after buying an additional 485 shares in the last quarter. Macquarie Group Ltd. boosted its stake in shares of Healthcare Trust of America by 3.3% in the fourth quarter. Macquarie Group Ltd. now owns 62,495 shares of the real estate investment trust’s stock worth $1,819,000 after buying an additional 2,025 shares in the last quarter. Finally, Thrivent Financial For Lutherans boosted its stake in shares of Healthcare Trust of America by 0.8% in the first quarter. Thrivent Financial For Lutherans now owns 72,019 shares of the real estate investment trust’s stock worth $2,266,000 after buying an additional 600 shares in the last quarter. 89.57% of the stock is currently owned by institutional investors and hedge funds.

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.

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

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