Healthcare Trust of America, Inc. (NYSE:HTA) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.

According to Zacks, “Healthcare Trust of America, Inc. is a self-administered real estate investment trust. The Company primarily focuses on medical office buildings, healthcare-related facilities and quality commercial office properties. It also invests to a limited extent in other real estate-related assets. Its portfolio is positioned in metropolitan markets such as Atlanta, GA, Phoenix, AZ, Indianapolis, IN, Greenville, SC, Pittsburgh, PA, Albany, NY, Boston, MA and both Dallas and Houston, TX. Healthcare Trust of America, Inc. is headquartered in Scottsdale, Arizona. “

A number of other equities analysts have also recently issued reports on the company. BMO Capital Markets set a $33.00 price target on Healthcare Trust of America and gave the stock a “hold” rating in a report on Monday, May 15th. Jefferies Group LLC upgraded Healthcare Trust of America to a “buy” rating and set a $36.00 target price on the stock in a report on Monday, June 5th. Wells Fargo & Company reiterated an “outperform” rating and issued a $35.00 target price (up from $33.50) on shares of Healthcare Trust of America in a report on Friday, June 16th. Mizuho reiterated a “buy” rating on shares of Healthcare Trust of America in a report on Tuesday, June 27th. Finally, BidaskClub raised Healthcare Trust of America from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $34.14.

Shares of Healthcare Trust of America (NYSE HTA) traded down 0.16% during mid-day trading on Wednesday, reaching $31.46. 974,687 shares of the company’s stock were exchanged. The stock has a market cap of $6.31 billion, a price-to-earnings ratio of 143.00 and a beta of 0.32. Healthcare Trust of America has a 52-week low of $26.34 and a 52-week high of $34.35. The stock’s 50-day moving average is $30.40 and its 200-day moving average is $31.05.

Healthcare Trust of America (NYSE:HTA) last released its quarterly earnings data on Monday, July 31st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.39. Healthcare Trust of America had a return on equity of 1.42% and a net margin of 6.07%. The company had revenue of $139.90 million during the quarter, compared to the consensus estimate of $133.69 million. During the same quarter in the prior year, the firm posted $0.38 earnings per share. The firm’s revenue was up 23.6% compared to the same quarter last year. On average, equities analysts expect that Healthcare Trust of America will post $0.25 EPS for the current year.

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In other news, CEO Scott D. Peters sold 55,240 shares of the firm’s stock in a transaction on Tuesday, June 27th. The stock was sold at an average price of $32.06, for a total transaction of $1,770,994.40. Following the completion of the sale, the chief executive officer now directly owns 405,092 shares of the company’s stock, valued at approximately $12,987,249.52. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.50% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its stake in shares of Healthcare Trust of America by 0.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 7,300 shares of the real estate investment trust’s stock worth $229,000 after acquiring an additional 29 shares during the period. First Allied Advisory Services Inc. grew its stake in shares of Healthcare Trust of America by 1.8% during the 2nd quarter. First Allied Advisory Services Inc. now owns 7,875 shares of the real estate investment trust’s stock worth $243,000 after acquiring an additional 137 shares during the period. Teacher Retirement System of Texas grew its stake in shares of Healthcare Trust of America by 1.6% during the 1st quarter. Teacher Retirement System of Texas now owns 11,163 shares of the real estate investment trust’s stock worth $351,000 after acquiring an additional 171 shares during the period. Public Employees Retirement System of Ohio grew its stake in shares of Healthcare Trust of America by 0.3% during the 1st quarter. Public Employees Retirement System of Ohio now owns 62,418 shares of the real estate investment trust’s stock worth $1,964,000 after acquiring an additional 185 shares during the period. Finally, Shepherd Financial Partners LLC grew its stake in shares of Healthcare Trust of America by 2.3% during the 1st quarter. Shepherd Financial Partners LLC now owns 14,028 shares of the real estate investment trust’s stock worth $444,000 after acquiring an additional 318 shares during the period. 97.56% of the stock is owned by hedge funds and other institutional investors.

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

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