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

BMO Capital Markets reiterated their buy rating on shares of Healthcare Trust Of America (NYSE:HTA) in a report released on Tuesday, January 9th. BMO Capital Markets currently has a $33.00 price target on the real estate investment trust’s stock.

HTA has been the topic of a number of other reports. Zacks Investment Research raised shares of Healthcare Trust Of America from a hold rating to a buy rating and set a $33.00 price objective on the stock in a research note on Monday, October 23rd. Stifel Nicolaus upped their price objective on shares of Healthcare Trust Of America from $34.00 to $35.00 and gave the company 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 reaffirmed 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 target price on shares of Healthcare Trust Of America and gave the company a hold rating in a research report on Wednesday, October 11th. Four equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of $33.90.

Shares of Healthcare Trust Of America (HTA) traded up $0.06 during trading on Tuesday, reaching $27.35. 1,260,505 shares of the company’s stock traded hands, compared to its average volume of 1,383,240. Healthcare Trust Of America has a twelve month low of $27.09 and a twelve month high of $33.00. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.88. The firm has a market cap of $5,590.00, a PE ratio of 113.96, a price-to-earnings-growth ratio of 3.85 and a beta of 0.32.

Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.34). Healthcare Trust Of America had a return on equity of 1.50% and a net margin of 6.75%. The company had revenue of $176.00 million for the quarter, compared to analyst estimates of $163.62 million. During the same quarter in the prior year, the company earned $0.40 earnings per share. Healthcare Trust Of America’s revenue for the quarter was up 48.8% compared to the same quarter last year. equities analysts forecast that Healthcare Trust Of America will post 1.65 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 9th. Stockholders of record on Tuesday, January 2nd were issued a $0.305 dividend. The ex-dividend date of this dividend was Friday, December 29th. This represents a $1.22 annualized dividend and a dividend yield of 4.46%. Healthcare Trust Of America’s dividend payout ratio is currently 508.33%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC boosted its position in Healthcare Trust Of America by 5.3% during the third quarter. Janney Montgomery Scott LLC now owns 71,469 shares of the real estate investment trust’s stock worth $2,130,000 after purchasing an additional 3,597 shares during the period. Swiss National Bank boosted its position in Healthcare Trust Of America by 36.5% during the second quarter. Swiss National Bank now owns 318,786 shares of the real estate investment trust’s stock worth $9,917,000 after purchasing an additional 85,200 shares during the period. Virginia Retirement Systems ET AL boosted its position in Healthcare Trust Of America by 9.2% during the third quarter. Virginia Retirement Systems ET AL now owns 135,500 shares of the real estate investment trust’s stock worth $4,038,000 after purchasing an additional 11,400 shares during the period. BT Investment Management Ltd boosted its position in Healthcare Trust Of America by 35.9% during the third quarter. BT Investment Management Ltd now owns 77,300 shares of the real estate investment trust’s stock worth $2,304,000 after purchasing an additional 20,400 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its position in Healthcare Trust Of America by 58.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 67,479 shares of the real estate investment trust’s stock worth $2,011,000 after purchasing an additional 24,768 shares during the period. Institutional investors own 98.36% of the company’s stock.

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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.

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

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