Healthcare Trust Of America Inc (HTA) Receives Average Recommendation of “Buy” from Analysts

Healthcare Trust Of America Inc (NYSE:HTA) has been given a consensus rating of “Buy” by the sixteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $33.90.

A number of research firms recently commented on HTA. BMO Capital Markets reiterated a “buy” rating and set a $33.00 price objective on shares of Healthcare Trust Of America in a research report on Tuesday, January 9th. TheStreet upgraded Healthcare Trust Of America from a “c” rating to a “b-” rating in a research report on Tuesday, October 24th. SunTrust Banks set a $36.00 price objective on Healthcare Trust Of America and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Zacks Investment Research upgraded Healthcare Trust Of America from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a research report on Tuesday, January 9th. Finally, Capital One Financial reiterated an “equal weight” rating and set a $31.00 price objective on shares of Healthcare Trust Of America in a research report on Monday, September 25th.

Healthcare Trust Of America (HTA) traded up $0.04 during trading on Friday, reaching $27.44. The company had a trading volume of 1,076,904 shares, compared to its average volume of 1,028,685. The stock has a market cap of $5,613.88, a PE ratio of 114.34, a PEG ratio of 3.88 and a beta of 0.32. Healthcare Trust Of America has a 1 year low of $27.09 and a 1 year high of $33.00. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.88.

Healthcare Trust Of America (NYSE:HTA) last posted its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.34). The company 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 1.50% and a net margin of 6.75%. The company’s revenue for the quarter was up 48.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.40 EPS. equities research analysts predict that Healthcare Trust Of America will post 1.65 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 9th. Shareholders of record on Tuesday, January 2nd were issued a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 4.45%. The ex-dividend date was Friday, December 29th. Healthcare Trust Of America’s dividend payout ratio (DPR) is 508.35%.

A number of institutional investors and hedge funds have recently bought and sold shares of HTA. Zions Bancorporation purchased a new stake in Healthcare Trust Of America in the 3rd quarter valued at about $120,000. Stephens Inc. AR purchased a new stake in Healthcare Trust Of America in the 2nd quarter valued at about $207,000. 1st Global Advisors Inc. purchased a new stake in Healthcare Trust Of America in the 2nd quarter valued at about $229,000. First Allied Advisory Services Inc. grew its holdings in Healthcare Trust Of America by 1.8% in 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 buying an additional 137 shares during the period. Finally, Profund Advisors LLC purchased a new stake in Healthcare Trust Of America in the 2nd quarter valued at about $294,000. Institutional investors own 98.36% 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.

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

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