Healthcare Trust of America, Inc. (HTA) Given Overweight Rating at Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group reaffirmed their overweight rating on shares of Healthcare Trust of America, Inc. (NYSE:HTA) in a report issued on Sunday.

Several other equities research analysts have also commented on the stock. TheStreet upgraded shares of Healthcare Trust of America from a c rating to a b- rating in a research note on Tuesday, October 24th. Stifel Nicolaus increased their price objective on shares of Healthcare Trust of America from $34.00 to $35.00 and gave the company a hold rating in a research note on Wednesday, October 25th. SunTrust Banks, Inc. set a $36.00 price objective on shares of Healthcare Trust of America and gave the company a buy rating in a research note 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 $33.00 price objective for the company in a research note on Monday, October 23rd. Finally, FBR & Co set a $32.00 price objective on shares of Healthcare Trust of America and gave the company a hold rating in a research note on Wednesday, October 11th. Four equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. Healthcare Trust of America presently has a consensus rating of Buy and an average target price of $34.20.

Healthcare Trust of America (NYSE HTA) traded down 0.17% during trading on Friday, reaching $29.84. The company had a trading volume of 280,359 shares. The company has a market capitalization of $5.99 billion, a price-to-earnings ratio of 146.27 and a beta of 0.30. The company has a 50-day moving average price of $30.06 and a 200 day moving average price of $30.70. Healthcare Trust of America has a one year low of $26.34 and a one year high of $33.00.

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 the Thomson Reuters’ consensus estimate of $0.41 by ($0.34). The firm had revenue of $176.00 million during the quarter, compared to analysts’ expectations of $163.62 million. Healthcare Trust of America had a net margin of 6.75% and a return on equity of 1.50%. The company’s quarterly revenue was up 48.8% on a year-over-year basis. During the same quarter last year, the business posted $0.40 EPS. Analysts expect that Healthcare Trust of America will post $0.25 earnings per share for the current year.

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The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 9th. Stockholders of record on Tuesday, January 2nd will be given a dividend of $0.305 per share. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date is Friday, December 29th. Healthcare Trust of America’s dividend payout ratio is currently 508.35%.

Several institutional investors have recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board grew its position in shares of Healthcare Trust of America by 183.6% during the 3rd quarter. Canada Pension Plan Investment Board now owns 17,300 shares of the real estate investment trust’s stock valued at $516,000 after acquiring an additional 11,200 shares during the period. Westpac Banking Corp grew its position in shares of Healthcare Trust of America by 19.6% during the 3rd quarter. Westpac Banking Corp now owns 288,213 shares of the real estate investment trust’s stock valued at $8,589,000 after acquiring an additional 47,171 shares during the period. RMR Advisors LLC grew its position in shares of Healthcare Trust of America by 154.5% during the 3rd quarter. RMR Advisors LLC now owns 28,000 shares of the real estate investment trust’s stock valued at $834,000 after acquiring an additional 17,000 shares during the period. Sumitomo Mitsui Asset Management Company LTD grew its position in shares of Healthcare Trust of America by 11.2% during the 3rd quarter. Sumitomo Mitsui Asset Management Company LTD now owns 436,358 shares of the real estate investment trust’s stock valued at $13,003,000 after acquiring an additional 44,035 shares during the period. Finally, Honeywell International Inc. grew its position in shares of Healthcare Trust of America by 27.8% during the 3rd quarter. Honeywell International Inc. now owns 68,436 shares of the real estate investment trust’s stock valued at $2,039,000 after acquiring an additional 14,866 shares during the period. 97.78% of the stock is owned by hedge funds and other institutional investors.

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.

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