Healthcare Trust of America, Inc. (NYSE:HTA) Receives Consensus Rating of “Hold” from Brokerages

Shares of Healthcare Trust of America, Inc. (NYSE:HTAGet Rating) have received a consensus rating of “Hold” from the ten research firms that are covering the firm, MarketBeat reports. Eight research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $34.00.

A number of equities research analysts have issued reports on HTA shares. Credit Suisse Group started coverage on Healthcare Trust of America in a research note on Tuesday, February 1st. They issued an “outperform” rating for the company. TheStreet lowered Healthcare Trust of America from a “b-” rating to a “c+” rating in a research note on Wednesday, January 5th. Zacks Investment Research downgraded shares of Healthcare Trust of America from a “buy” rating to a “hold” rating in a report on Monday, March 14th. Stifel Nicolaus downgraded shares of Healthcare Trust of America from a “buy” rating to a “hold” rating in a report on Monday, February 28th. Finally, StockNews.com raised shares of Healthcare Trust of America from a “sell” rating to a “hold” rating in a report on Friday, March 25th.

Several large investors have recently made changes to their positions in the stock. Magnolia Wealth Management LLC bought a new position in shares of Healthcare Trust of America in the 1st quarter valued at about $1,654,000. Jeppson Wealth Management LLC lifted its holdings in shares of Healthcare Trust of America by 2.0% in the 1st quarter. Jeppson Wealth Management LLC now owns 17,965 shares of the real estate investment trust’s stock valued at $563,000 after acquiring an additional 350 shares during the last quarter. Dupont Capital Management Corp lifted its holdings in shares of Healthcare Trust of America by 642.3% in the 1st quarter. Dupont Capital Management Corp now owns 147,005 shares of the real estate investment trust’s stock valued at $4,607,000 after acquiring an additional 127,200 shares during the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of Healthcare Trust of America by 2.5% in the 1st quarter. Avantax Advisory Services Inc. now owns 76,250 shares of the real estate investment trust’s stock valued at $2,392,000 after acquiring an additional 1,871 shares during the last quarter. Finally, Clean Yield Group lifted its holdings in shares of Healthcare Trust of America by 5.1% in the 1st quarter. Clean Yield Group now owns 141,009 shares of the real estate investment trust’s stock valued at $4,419,000 after acquiring an additional 6,872 shares during the last quarter. 97.52% of the stock is owned by hedge funds and other institutional investors.

NYSE:HTA opened at $31.14 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.69 and a quick ratio of 1.69. The firm has a market capitalization of $7.13 billion, a price-to-earnings ratio of 70.77 and a beta of 0.64. Healthcare Trust of America has a one year low of $26.36 and a one year high of $34.83. The business has a fifty day moving average price of $31.08 and a 200-day moving average price of $32.30.

Healthcare Trust of America (NYSE:HTAGet Rating) last posted its quarterly earnings data on Monday, February 28th. The real estate investment trust reported $0.07 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.03). Healthcare Trust of America had a return on equity of 3.04% and a net margin of 12.78%. The company had revenue of $195.70 million during the quarter, compared to analysts’ expectations of $193.35 million. During the same quarter last year, the company earned $0.43 earnings per share. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. On average, equities research analysts expect that Healthcare Trust of America will post 1.81 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, April 11th. Investors of record on Monday, April 4th were issued a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date was Friday, April 1st. Healthcare Trust of America’s payout ratio is 295.46%.

About Healthcare Trust of America (Get Rating)

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 25.1 million square feet of GLA, with $7.4 billion invested primarily in MOBs. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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Analyst Recommendations for Healthcare Trust of America (NYSE:HTA)

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