Healthcare Trust of America, Inc. (NYSE:HTA) Short Interest Up 68.1% in April

Healthcare Trust of America, Inc. (NYSE:HTAGet Rating) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totalling 8,690,000 shares, an increase of 68.1% from the April 15th total of 5,170,000 shares. Based on an average daily volume of 4,410,000 shares, the days-to-cover ratio is presently 2.0 days.

HTA has been the subject of a number of research analyst reports. StockNews.com raised Healthcare Trust of America from a “sell” rating to a “hold” rating in a research report on Friday, March 25th. Stifel Nicolaus downgraded Healthcare Trust of America from a “buy” rating to a “hold” rating in a research report on Monday, February 28th. Berenberg Bank raised Healthcare Trust of America from a “hold” rating to a “buy” rating and decreased their price target for the company from $37.00 to $34.00 in a research report on Tuesday. Credit Suisse Group started coverage on Healthcare Trust of America in a research report on Tuesday, February 1st. They set an “outperform” rating for the company. Finally, Zacks Investment Research raised Healthcare Trust of America from a “sell” rating to a “hold” rating in a research report on Tuesday. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $33.50.

Healthcare Trust of America stock opened at $29.15 on Friday. 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 $30.81 and a 200-day moving average price of $32.07. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.20 and a quick ratio of 1.69. The firm has a market capitalization of $6.68 billion, a P/E ratio of 69.40 and a beta of 0.61.

Healthcare Trust of America (NYSE:HTAGet Rating) last issued its quarterly earnings results on Monday, February 28th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.03). The firm had revenue of $195.70 million for the quarter, compared to the consensus estimate of $193.35 million. Healthcare Trust of America had a return on equity of 2.90% and a net margin of 12.13%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the firm earned $0.43 EPS. Sell-side 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 will be paid on Friday, July 15th. Investors of record on Wednesday, July 6th will be issued a dividend of $0.325 per share. The ex-dividend date of this dividend is Tuesday, July 5th. This represents a $1.30 dividend on an annualized basis and a yield of 4.46%. Healthcare Trust of America’s dividend payout ratio is presently 309.52%.

Institutional investors have recently bought and sold shares of the business. Northern Trust Corp boosted its position in shares of Healthcare Trust of America by 5.5% in the 1st quarter. Northern Trust Corp now owns 1,470,515 shares of the real estate investment trust’s stock worth $46,086,000 after purchasing an additional 76,530 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Healthcare Trust of America by 13.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,795,269 shares of the real estate investment trust’s stock valued at $87,604,000 after buying an additional 324,767 shares during the last quarter. Mariner LLC increased its stake in shares of Healthcare Trust of America by 24.4% in the 1st quarter. Mariner LLC now owns 15,174 shares of the real estate investment trust’s stock worth $476,000 after purchasing an additional 2,972 shares in the last quarter. Employees Retirement System of Texas increased its stake in shares of Healthcare Trust of America by 257.5% in the 1st quarter. Employees Retirement System of Texas now owns 696,210 shares of the real estate investment trust’s stock worth $21,819,000 after purchasing an additional 501,484 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Healthcare Trust of America by 1,963.7% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,254,690 shares of the real estate investment trust’s stock worth $39,322,000 after purchasing an additional 1,193,893 shares in the last quarter.

Healthcare Trust of America Company Profile (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.

See Also

Receive News & Ratings for Healthcare Trust of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Trust of America and related companies with MarketBeat.com's FREE daily email newsletter.