Healthcare Trust of America, Inc. (NYSE:HTA) received a $36.00 price objective from stock analysts at SunTrust Banks, Inc. in a research report issued on Tuesday. The firm currently has a “buy” rating on the real estate investment trust’s stock. SunTrust Banks, Inc.’s price objective indicates a potential upside of 21.83% from the stock’s previous close.

Several other research firms have also recently weighed in on HTA. BidaskClub upgraded Healthcare Trust of America from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 27th. Mizuho reiterated a “buy” rating on shares of Healthcare Trust of America in a research report on Tuesday, June 27th. Zacks Investment Research cut Healthcare Trust of America from a “hold” rating to a “sell” rating in a research report on Wednesday, September 6th. Finally, TheStreet cut Healthcare Trust of America from a “b-” rating to a “c” rating in a research report on Monday, July 31st. Three investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $34.10.

Shares of Healthcare Trust of America (NYSE HTA) opened at 29.55 on Tuesday. Healthcare Trust of America has a one year low of $26.34 and a one year high of $33.00. The company has a market cap of $5.93 billion, a price-to-earnings ratio of 144.85 and a beta of 0.30. The firm has a 50-day moving average of $30.24 and a 200 day moving average of $30.78.

Healthcare Trust of America (NYSE:HTA) last posted its quarterly earnings data on Monday, October 23rd. The real estate investment trust reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.39. The firm had revenue of $176.00 million for the quarter, compared to analysts’ expectations of $163.62 million. Healthcare Trust of America had a return on equity of 1.42% and a net margin of 6.07%. The company’s quarterly revenue was up 48.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 EPS. Equities research analysts anticipate that Healthcare Trust of America will post $0.25 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This news story was reported by American Banking News and is the property of of American Banking News. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/10/25/suntrust-banks-inc-analysts-give-healthcare-trust-of-america-inc-hta-a-36-00-price-target.html.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Healthcare Trust of America by 34.1% in the second quarter. Vanguard Group Inc. now owns 29,518,137 shares of the real estate investment trust’s stock worth $918,310,000 after purchasing an additional 7,510,727 shares during the period. BlackRock Inc. grew its position in Healthcare Trust of America by 44.3% in the second quarter. BlackRock Inc. now owns 13,050,386 shares of the real estate investment trust’s stock valued at $405,999,000 after acquiring an additional 4,003,376 shares during the last quarter. Daiwa Securities Group Inc. grew its position in Healthcare Trust of America by 33.2% in the second quarter. Daiwa Securities Group Inc. now owns 10,382,397 shares of the real estate investment trust’s stock valued at $322,997,000 after acquiring an additional 2,586,706 shares during the last quarter. Cbre Clarion Securities LLC grew its position in Healthcare Trust of America by 56.9% in the second quarter. Cbre Clarion Securities LLC now owns 8,181,898 shares of the real estate investment trust’s stock valued at $254,539,000 after acquiring an additional 2,965,936 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Healthcare Trust of America by 5,675.3% in the second quarter. JPMorgan Chase & Co. now owns 6,025,724 shares of the real estate investment trust’s stock valued at $187,461,000 after acquiring an additional 5,921,387 shares during the last quarter. Institutional investors own 97.52% 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.

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

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