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

Healthcare Trust of America, Inc. (NYSE:HTAGet Rating) has received an average recommendation of “Hold” from the ten brokerages that are presently covering the company, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $33.25.

HTA has been the topic of several research analyst reports. Credit Suisse Group began coverage on shares of Healthcare Trust of America in a research note on Tuesday, February 1st. They issued an “outperform” rating on the stock. Berenberg Bank upgraded shares of Healthcare Trust of America from a “hold” rating to a “buy” rating and decreased their price target for the stock from $37.00 to $34.00 in a research note on Tuesday, May 10th. Zacks Investment Research upgraded shares of Healthcare Trust of America from a “sell” rating to a “hold” rating in a research note on Tuesday, May 17th. Stifel Nicolaus downgraded shares of Healthcare Trust of America from a “buy” rating to a “hold” rating in a research note on Monday, February 28th. Finally, 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.

NYSE HTA opened at $29.28 on Tuesday. The firm has a market capitalization of $6.71 billion, a price-to-earnings ratio of 69.71 and a beta of 0.61. The company has a 50 day simple moving average of $30.62 and a 200-day simple moving average of $31.89. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.20 and a quick ratio of 2.20. Healthcare Trust of America has a 52-week low of $26.36 and a 52-week high of $34.83.

Healthcare Trust of America (NYSE:HTAGet Rating) last announced its quarterly earnings results 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). The company had revenue of $195.70 million for the quarter, compared to analyst estimates of $193.35 million. Healthcare Trust of America had a net margin of 12.13% and a return on equity of 2.90%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the business earned $0.43 EPS. On average, analysts predict that Healthcare Trust of America will post 1.81 EPS for the current 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 $0.325 dividend. The ex-dividend date is Tuesday, July 5th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 4.44%. Healthcare Trust of America’s dividend payout ratio is 309.52%.

Several institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC raised its holdings in shares of Healthcare Trust of America by 13.7% in the first quarter. Advisory Services Network LLC now owns 10,944 shares of the real estate investment trust’s stock valued at $343,000 after buying an additional 1,319 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Healthcare Trust of America by 14.9% in the first quarter. The Manufacturers Life Insurance Company now owns 35,107 shares of the real estate investment trust’s stock valued at $1,100,000 after buying an additional 4,547 shares during the last quarter. Magnolia Wealth Management LLC bought a new position in shares of Healthcare Trust of America in the first quarter valued at about $1,654,000. Walleye Capital LLC bought a new stake in Healthcare Trust of America during the 1st quarter worth about $2,195,000. Finally, PenderFund Capital Management Ltd. bought a new stake in Healthcare Trust of America during the 1st quarter worth about $255,000.

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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