Healthcare Trust Of America (NYSE:HTA) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Friday.

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. “

Other research analysts also recently issued research reports about 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. Mizuho reiterated a “buy” rating and set a $36.00 price target on shares of Healthcare Trust Of America in a research report on Wednesday, October 4th. Jefferies Group reiterated a “buy” rating and set a $34.00 price target on shares of Healthcare Trust Of America in a research report on Tuesday, October 3rd. BMO Capital Markets reiterated a “buy” rating and set a $35.00 price target on shares of Healthcare Trust Of America in a research report on Monday, October 2nd. Finally, SunTrust Banks set a $36.00 price target on shares of Healthcare Trust Of America and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Healthcare Trust Of America presently has an average rating of “Buy” and a consensus price target of $34.20.

Shares of Healthcare Trust Of America (NYSE HTA) traded down $0.21 during trading hours on Friday, hitting $28.81. 1,020,000 shares of the stock traded hands, compared to its average volume of 1,040,000. Healthcare Trust Of America has a 52 week low of $28.61 and a 52 week high of $33.00. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a market cap of $5,900.00, a P/E ratio of 120.04, a PEG ratio of 4.21 and a beta of 0.32.

Healthcare Trust Of America (NYSE:HTA) last issued its quarterly earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.34). The company had revenue of $176.00 million for the quarter, compared to analyst estimates of $163.62 million. Healthcare Trust Of America had a return on equity of 1.50% and a net margin of 6.75%. The firm’s quarterly revenue was up 48.8% on a year-over-year basis. During the same quarter last year, the company earned $0.40 EPS. equities research analysts predict that Healthcare Trust Of America will post 1.65 earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the business. First Allied Advisory Services Inc. lifted its position in 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 valued at $243,000 after purchasing an additional 137 shares during the period. People s United Financial Inc. lifted its position in Healthcare Trust Of America by 2.2% during the 2nd quarter. People s United Financial Inc. now owns 17,397 shares of the real estate investment trust’s stock valued at $542,000 after purchasing an additional 370 shares during the period. Global Endowment Management LP lifted its position in Healthcare Trust Of America by 0.6% during the 2nd quarter. Global Endowment Management LP now owns 91,760 shares of the real estate investment trust’s stock valued at $2,855,000 after purchasing an additional 570 shares during the period. Private Advisor Group LLC lifted its position in Healthcare Trust Of America by 4.7% during the 2nd quarter. Private Advisor Group LLC now owns 30,007 shares of the real estate investment trust’s stock valued at $886,000 after purchasing an additional 1,352 shares during the period. Finally, Weatherstone Capital Management lifted its position in Healthcare Trust Of America by 19.3% during the 2nd quarter. Weatherstone Capital Management now owns 8,426 shares of the real estate investment trust’s stock valued at $262,000 after purchasing an additional 1,364 shares during the period. Institutional investors own 98.15% of the company’s stock.

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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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