Healthcare Trust Of America (HTA) Stock Rating Reaffirmed by BMO Capital Markets

Healthcare Trust Of America (NYSE:HTA)‘s stock had its “buy” rating reaffirmed by equities researchers at BMO Capital Markets in a research note issued on Tuesday. They presently have a $33.00 target price on the real estate investment trust’s stock. BMO Capital Markets’ price objective would suggest a potential upside of 16.73% from the company’s current price.

HTA has been the topic of a number of other research reports. Zacks Investment Research raised shares of Healthcare Trust Of America from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a research note on Monday, October 23rd. Stifel Nicolaus boosted their target price on shares of Healthcare Trust Of America from $34.00 to $35.00 and gave the stock a “hold” rating in a research note on Wednesday, October 25th. Morgan Stanley raised shares of Healthcare Trust Of America from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, December 13th. Mitsubishi UFJ Financial Group reissued an “overweight” rating on shares of Healthcare Trust Of America in a research note on Sunday, October 29th. Finally, FBR & Co set a $32.00 price objective on shares of Healthcare Trust Of America and gave the stock a “hold” rating in a research note on Wednesday, October 11th. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $33.90.

Healthcare Trust Of America (HTA) traded down $0.66 during midday trading on Tuesday, hitting $28.27. 1,100,097 shares of the company’s stock were exchanged, compared to its average volume of 1,145,500. The company has a market capitalization of $5,930.00, a PE ratio of 117.79, a PEG ratio of 4.06 and a beta of 0.32. Healthcare Trust Of America has a 12-month low of $28.20 and a 12-month high of $33.00. 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 posted its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.34). The company had revenue of $176.00 million for the quarter, compared to the consensus estimate of $163.62 million. Healthcare Trust Of America had a return on equity of 1.50% and a net margin of 6.75%. The business’s quarterly revenue was up 48.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.40 EPS. analysts expect that Healthcare Trust Of America will post 1.65 EPS for the current year.

Several institutional investors have recently modified their holdings of HTA. Janney Montgomery Scott LLC lifted its holdings in Healthcare Trust Of America by 5.3% in the third quarter. Janney Montgomery Scott LLC now owns 71,469 shares of the real estate investment trust’s stock valued at $2,130,000 after buying an additional 3,597 shares during the period. Swiss National Bank lifted its holdings in Healthcare Trust Of America by 36.5% in the second quarter. Swiss National Bank now owns 318,786 shares of the real estate investment trust’s stock valued at $9,917,000 after buying an additional 85,200 shares during the period. Virginia Retirement Systems ET AL lifted its holdings in Healthcare Trust Of America by 9.2% in the third quarter. Virginia Retirement Systems ET AL now owns 135,500 shares of the real estate investment trust’s stock valued at $4,038,000 after buying an additional 11,400 shares during the period. BT Investment Management Ltd lifted its holdings in Healthcare Trust Of America by 35.9% in the third quarter. BT Investment Management Ltd now owns 77,300 shares of the real estate investment trust’s stock valued at $2,304,000 after buying an additional 20,400 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in Healthcare Trust Of America by 58.0% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 67,479 shares of the real estate investment trust’s stock valued at $2,011,000 after buying an additional 24,768 shares during the period. 98.15% of the stock is currently owned by institutional investors.

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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.

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