Healthcare Trust Of America (NYSE:HTA) Rating Increased to B- at TheStreet

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TheStreet upgraded shares of Healthcare Trust Of America (NYSE:HTA) from a c+ rating to a b- rating in a research report sent to investors on Thursday morning, TheStreetRatingsTable reports.

Several other analysts also recently commented on HTA. Citigroup began coverage on shares of Healthcare Trust Of America in a research report on Thursday, June 20th. They issued a neutral rating and a $29.00 target price for the company. Berenberg Bank began coverage on shares of Healthcare Trust Of America in a research report on Thursday, September 12th. They issued a buy rating and a $33.00 target price for the company. Finally, Zacks Investment Research raised shares of Healthcare Trust Of America from a sell rating to a hold rating in a report on Wednesday, October 16th. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Healthcare Trust Of America currently has a consensus rating of Buy and an average target price of $30.75.

HTA stock opened at $30.31 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $6.19 billion, a price-to-earnings ratio of 18.71, a P/E/G ratio of 5.59 and a beta of 0.28. Healthcare Trust Of America has a 12 month low of $24.21 and a 12 month high of $30.35. The firm has a 50 day moving average of $28.93 and a two-hundred day moving average of $28.19.

Healthcare Trust Of America (NYSE:HTA) last posted its earnings results on Tuesday, July 23rd. The real estate investment trust reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.33). The business had revenue of $171.80 million during the quarter, compared to the consensus estimate of $171.38 million. Healthcare Trust Of America had a return on equity of 6.73% and a net margin of 31.68%. The business’s revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 earnings per share. On average, research analysts expect that Healthcare Trust Of America will post 1.64 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 10th. Investors of record on Thursday, October 3rd were issued a dividend of $0.315 per share. This is an increase from Healthcare Trust Of America’s previous quarterly dividend of $0.31. This represents a $1.26 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend was Wednesday, October 2nd. Healthcare Trust Of America’s dividend payout ratio is currently 77.78%.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Gradient Investments LLC boosted its holdings in shares of Healthcare Trust Of America by 60.6% during the 2nd quarter. Gradient Investments LLC now owns 978 shares of the real estate investment trust’s stock worth $27,000 after buying an additional 369 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Healthcare Trust Of America by 1.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 58,326 shares of the real estate investment trust’s stock worth $1,600,000 after buying an additional 565 shares during the period. United Capital Financial Advisers LLC boosted its holdings in shares of Healthcare Trust Of America by 1.5% during the 2nd quarter. United Capital Financial Advisers LLC now owns 45,056 shares of the real estate investment trust’s stock worth $1,236,000 after buying an additional 644 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of Healthcare Trust Of America by 1.5% during the 2nd quarter. D.A. Davidson & CO. now owns 48,593 shares of the real estate investment trust’s stock worth $1,333,000 after buying an additional 709 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its holdings in shares of Healthcare Trust Of America by 32.3% during the 2nd quarter. Capital Investment Advisory Services LLC now owns 3,013 shares of the real estate investment trust’s stock worth $82,000 after buying an additional 735 shares during the period. 91.32% of the stock is owned by institutional investors and hedge funds.

Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 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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