Healthcare Trust Of America (NYSE:HTA) Earns Buy Rating from Analysts at Berenberg Bank

Equities research analysts at Berenberg Bank assumed coverage on shares of Healthcare Trust Of America (NYSE:HTA) in a research note issued to investors on Thursday, The Fly reports. The firm set a “buy” rating on the real estate investment trust’s stock.

Other analysts also recently issued research reports about the company. Citigroup assumed coverage on Healthcare Trust Of America in a research note on Thursday, June 20th. They set a “neutral” rating and a $29.00 price target on the stock. Zacks Investment Research cut Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Friday, July 26th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $30.43.

Shares of HTA stock opened at $28.05 on Thursday. Healthcare Trust Of America has a 1-year low of $24.21 and a 1-year high of $29.39. The stock’s fifty day moving average price is $27.76 and its 200 day moving average price is $28.06. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.41 and a quick ratio of 1.41. The company has a market cap of $5.85 billion, a price-to-earnings ratio of 17.31, a price-to-earnings-growth ratio of 5.28 and a beta of 0.30.

Healthcare Trust Of America (NYSE:HTA) last announced its earnings results on Tuesday, July 23rd. The real estate investment trust reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.33). The business had revenue of $171.80 million for the quarter, compared to analysts’ expectations of $171.38 million. Healthcare Trust Of America had a return on equity of 6.73% and a net margin of 31.68%. The firm’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.41 earnings per share. As a group, equities research analysts anticipate that Healthcare Trust Of America will post 1.64 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HTA. FMR LLC raised its holdings in shares of Healthcare Trust Of America by 20.9% during the first quarter. FMR LLC now owns 9,802,745 shares of the real estate investment trust’s stock valued at $280,261,000 after acquiring an additional 1,695,714 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of Healthcare Trust Of America by 26.9% during the second quarter. Bank of Montreal Can now owns 403,275 shares of the real estate investment trust’s stock valued at $11,061,000 after acquiring an additional 85,591 shares during the last quarter. Fox Run Management L.L.C. acquired a new position in shares of Healthcare Trust Of America during the second quarter valued at approximately $212,000. Dean Investment Associates LLC grew its position in shares of Healthcare Trust Of America by 4.2% in the first quarter. Dean Investment Associates LLC now owns 36,390 shares of the real estate investment trust’s stock valued at $1,040,000 after purchasing an additional 1,455 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its position in shares of Healthcare Trust Of America by 12.4% in the second quarter. State of Alaska Department of Revenue now owns 105,543 shares of the real estate investment trust’s stock valued at $2,894,000 after purchasing an additional 11,680 shares in the last quarter. 91.29% of the stock is owned by institutional investors.

Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 billion invested primarily in MOBs. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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

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