Brokerages Set Healthcare Trust Of America Inc (HTA) PT at $33.90

Healthcare Trust Of America Inc (NYSE:HTA) has earned a consensus recommendation of “Buy” from the sixteen brokerages that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $33.60.

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

Hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC lifted its position in Healthcare Trust Of America by 5.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 71,469 shares of the real estate investment trust’s stock worth $2,130,000 after buying an additional 3,597 shares in the last quarter. Virginia Retirement Systems ET AL lifted its position in Healthcare Trust Of America by 9.2% in the 3rd quarter. Virginia Retirement Systems ET AL now owns 135,500 shares of the real estate investment trust’s stock worth $4,038,000 after buying an additional 11,400 shares in the last quarter. BT Investment Management Ltd lifted its position in Healthcare Trust Of America by 35.9% in the 3rd quarter. BT Investment Management Ltd now owns 77,300 shares of the real estate investment trust’s stock worth $2,304,000 after buying an additional 20,400 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in Healthcare Trust Of America by 58.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 67,479 shares of the real estate investment trust’s stock worth $2,011,000 after buying an additional 24,768 shares in the last quarter. Finally, Prudential Financial Inc. lifted its position in Healthcare Trust Of America by 38.9% in the 2nd quarter. Prudential Financial Inc. now owns 12,490 shares of the real estate investment trust’s stock worth $389,000 after buying an additional 3,500 shares in the last quarter. Institutional investors own 98.15% of the company’s stock.

Healthcare Trust Of America (NYSE:HTA) traded up $0.35 during mid-day trading on Friday, reaching $27.79. 1,674,000 shares of the company traded hands, compared to its average volume of 1,344,857. Healthcare Trust Of America has a fifty-two week low of $27.09 and a fifty-two week high of $33.00. The firm has a market capitalization of $5,750.00, a price-to-earnings ratio of 115.79, a PEG ratio of 3.88 and a beta of 0.32. 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 released its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.34). Healthcare Trust Of America had a net margin of 6.75% and a return on equity of 1.50%. The business had revenue of $176.00 million for the quarter, compared to analyst estimates of $163.62 million. During the same period in the prior year, the company earned $0.40 earnings per share. The firm’s revenue for the quarter was up 48.8% on a year-over-year basis. equities analysts forecast that Healthcare Trust Of America will post 1.65 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 9th. Shareholders of record on Tuesday, January 2nd were given a $0.305 dividend. The ex-dividend date of this dividend was Friday, December 29th. This represents a $1.22 dividend on an annualized basis and a yield of 4.39%. Healthcare Trust Of America’s payout ratio is 508.33%.

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Healthcare Trust Of America Company Profile

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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