Shares of Healthcare Trust of America, Inc. (NYSE:HTA) have been given an average recommendation of “Buy” by the fourteen brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $34.86.
HTA has been the subject of a number of recent analyst reports. Mitsubishi UFJ Financial Group Inc reiterated a “buy” rating on shares of Healthcare Trust of America in a report on Thursday, May 4th. Jefferies Group LLC raised Healthcare Trust of America to a “buy” rating and set a $36.00 target price for the company in a research note on Monday, June 5th. Zacks Investment Research raised Healthcare Trust of America from a “sell” rating to a “hold” rating in a research note on Wednesday, June 7th. Mitsubishi UFJ Financial Group reissued a “buy” rating on shares of Healthcare Trust of America in a research note on Wednesday, May 3rd. Finally, Stifel Nicolaus reduced their price objective on Healthcare Trust of America from $36.00 to $34.00 and set a “buy” rating for the company in a research report on Wednesday, July 12th.
In other Healthcare Trust of America news, CEO Scott D. Peters sold 55,240 shares of the firm’s stock in a transaction on Tuesday, June 27th. The stock was sold at an average price of $32.06, for a total value of $1,770,994.40. Following the sale, the chief executive officer now owns 405,092 shares of the company’s stock, valued at approximately $12,987,249.52. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.50% of the stock is owned by company insiders.
Several large investors have recently modified their holdings of HTA. V Wealth Management LLC purchased a new stake in Healthcare Trust of America during the second quarter valued at $101,000. First Mercantile Trust Co. purchased a new stake in Healthcare Trust of America during the second quarter valued at $132,000. US Bancorp DE increased its stake in Healthcare Trust of America by 1,142.9% in the second quarter. US Bancorp DE now owns 4,350 shares of the real estate investment trust’s stock valued at $135,000 after buying an additional 4,000 shares during the period. Public Employees Retirement Association of Colorado increased its stake in Healthcare Trust of America by 44.0% in the second quarter. Public Employees Retirement Association of Colorado now owns 6,175 shares of the real estate investment trust’s stock valued at $192,000 after buying an additional 1,888 shares during the period. Finally, Comerica Bank bought a new position in shares of Healthcare Trust of America during the first quarter valued at about $202,000. 93.36% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Healthcare Trust of America (NYSE HTA) opened at 29.36 on Friday. The firm has a 50-day moving average price of $30.41 and a 200 day moving average price of $30.91. Healthcare Trust of America has a 12 month low of $26.34 and a 12 month high of $34.64. The firm has a market capitalization of $5.89 billion, a price-to-earnings ratio of 143.92 and a beta of 0.32.
Healthcare Trust of America (NYSE:HTA) last released its earnings results on Monday, July 31st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.39. The company had revenue of $139.90 million during the quarter, compared to the consensus estimate of $133.69 million. Healthcare Trust of America had a return on equity of 1.42% and a net margin of 6.07%. The firm’s quarterly revenue was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.38 earnings per share. On average, analysts anticipate that Healthcare Trust of America will post $0.14 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 6th. Shareholders of record on Monday, October 2nd will be paid a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date is Friday, September 29th. This is a positive change from Healthcare Trust of America’s previous quarterly dividend of $0.30. Healthcare Trust of America’s dividend payout ratio (DPR) is 571.43%.
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.
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