Jefferies Group Weighs in on Healthcare Trust Of America Inc’s Q4 2017 Earnings (HTA)

Healthcare Trust Of America Inc (NYSE:HTA) – Jefferies Group cut their Q4 2017 EPS estimates for Healthcare Trust Of America in a research note issued to investors on Tuesday. Jefferies Group analyst O. Okusanya now expects that the real estate investment trust will post earnings of $0.41 per share for the quarter, down from their previous forecast of $0.42. Jefferies Group has a “Buy” rating and a $34.00 price objective on the stock.

Several other equities analysts have also issued reports on the stock. BMO Capital Markets reaffirmed a “buy” rating and issued a $33.00 price target on shares of Healthcare Trust Of America in a report on Tuesday, January 9th. Zacks Investment Research raised shares of Healthcare Trust Of America from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a report on Tuesday, January 9th. Morgan Stanley raised shares of Healthcare Trust Of America from an “equal weight” rating to an “overweight” rating in a report on Wednesday, December 13th. TheStreet lowered shares of Healthcare Trust Of America from a “b-” rating to a “c+” rating in a report on Monday, December 11th. Finally, Mitsubishi UFJ Financial Group reaffirmed an “overweight” rating on shares of Healthcare Trust Of America in a report on Sunday, October 29th. Four analysts have rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. Healthcare Trust Of America presently has an average rating of “Buy” and a consensus target price of $33.90.

Healthcare Trust Of America (NYSE HTA) opened at $27.44 on Friday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.88. Healthcare Trust Of America has a 1-year low of $27.09 and a 1-year high of $33.00. The stock has a market cap of $5,613.88, a price-to-earnings ratio of 16.71, a price-to-earnings-growth ratio of 3.88 and a beta of 0.32.

Healthcare Trust Of America (NYSE:HTA) last released 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). Healthcare Trust Of America had a return on equity of 1.50% and a net margin of 6.75%. The firm had revenue of $176.00 million during the quarter, compared to analysts’ expectations of $163.62 million. During the same period in the prior year, the firm posted $0.40 earnings per share. Healthcare Trust Of America’s revenue for the quarter was up 48.8% compared to the same quarter last year.

Several large investors have recently bought and sold shares of HTA. Comerica Bank lifted its stake in shares of Healthcare Trust Of America by 58.0% during the second quarter. Comerica Bank now owns 9,928 shares of the real estate investment trust’s stock worth $302,000 after buying an additional 3,646 shares during the period. Prudential Financial Inc. lifted its position in Healthcare Trust Of America by 38.9% during the second quarter. Prudential Financial Inc. now owns 12,490 shares of the real estate investment trust’s stock valued at $389,000 after purchasing an additional 3,500 shares during the period. Wells Fargo & Company MN lifted its position in Healthcare Trust Of America by 177.2% during the second quarter. Wells Fargo & Company MN now owns 472,935 shares of the real estate investment trust’s stock valued at $14,713,000 after purchasing an additional 302,296 shares during the period. Alliancebernstein L.P. lifted its position in Healthcare Trust Of America by 27.3% during the second quarter. Alliancebernstein L.P. now owns 198,539 shares of the real estate investment trust’s stock valued at $6,177,000 after purchasing an additional 42,622 shares during the period. Finally, Stephens Inc. AR acquired a new position in Healthcare Trust Of America during the second quarter valued at $207,000. Institutional investors and hedge funds own 98.36% of the company’s stock.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 9th. Stockholders of record on Tuesday, January 2nd were paid a dividend of $0.305 per share. The ex-dividend date was Friday, December 29th. This represents a $1.22 annualized dividend and a dividend yield of 4.45%. Healthcare Trust Of America’s payout ratio is currently 508.35%.

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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.

Earnings History and Estimates for Healthcare Trust Of America (NYSE:HTA)

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