According to Zacks, “Healthcare Trust of America, Inc. is a self-administered real estate investment trust. The Company primarily focuses on medical office buildings, healthcare-related facilities and quality commercial office properties. It also invests to a limited extent in other real estate-related assets. Its portfolio is positioned in metropolitan markets such as Atlanta, GA, Phoenix, AZ, Indianapolis, IN, Greenville, SC, Pittsburgh, PA, Albany, NY, Boston, MA and both Dallas and Houston, TX. Healthcare Trust of America, Inc. is headquartered in Scottsdale, Arizona. “
A number of other brokerages have also recently commented on HTA. Credit Suisse Group assumed coverage on shares of Healthcare Trust of America in a research note on Tuesday, February 1st. They set an “outperform” rating for the company. Berenberg Bank upgraded shares of Healthcare Trust of America from a “hold” rating to a “buy” rating and cut their price target for the stock from $37.00 to $34.00 in a research note on Tuesday, May 10th. StockNews.com upgraded shares of Healthcare Trust of America from a “sell” rating to a “hold” rating in a research note on Friday, March 25th. Finally, Stifel Nicolaus cut shares of Healthcare Trust of America from a “buy” rating to a “hold” rating in a research note on Monday, February 28th. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Healthcare Trust of America currently has a consensus rating of “Hold” and an average price target of $33.50.
Healthcare Trust of America (NYSE:HTA – Get Rating) last announced its quarterly earnings results on Monday, February 28th. The real estate investment trust reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03). The business 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 firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.43 EPS. On average, equities research analysts anticipate that Healthcare Trust of America will post 1.81 EPS for the current year.
Hedge funds have recently bought and sold shares of the stock. Franklin Resources Inc. bought a new position in Healthcare Trust of America in the 3rd quarter worth approximately $8,108,000. Advisor Group Holdings Inc. grew its holdings in Healthcare Trust of America by 0.8% during the 4th quarter. Advisor Group Holdings Inc. now owns 381,555 shares of the real estate investment trust’s stock worth $12,743,000 after acquiring an additional 2,989 shares during the period. Full18 Capital LLC acquired a new stake in Healthcare Trust of America during the 3rd quarter worth $2,543,000. Mercer Global Advisors Inc. ADV grew its holdings in Healthcare Trust of America by 52.9% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 14,583 shares of the real estate investment trust’s stock worth $433,000 after acquiring an additional 5,043 shares during the period. Finally, Financial Management Network Inc. acquired a new stake in Healthcare Trust of America during the 4th quarter worth $715,000.
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.
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