Healthcare Trust Of America Inc (NYSE:HTA) has been assigned an average recommendation of “Buy” from the nine brokerages that are currently covering the firm. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $33.50.
Several brokerages have recently issued reports on HTA. BMO Capital Markets reiterated a “hold” rating and issued a $33.00 price objective on shares of Healthcare Trust Of America in a research note on Wednesday, April 12th. Zacks Investment Research upgraded Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research note on Monday, February 20th. Finally, Mizuho upgraded Healthcare Trust Of America from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $29.00 to $32.00 in a research note on Wednesday, January 4th.
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Shares of Healthcare Trust Of America (NYSE:HTA) traded up 0.06% during mid-day trading on Tuesday, hitting $32.77. 599,523 shares of the stock were exchanged. Healthcare Trust Of America has a 12 month low of $26.34 and a 12 month high of $34.64. The stock has a market cap of $4.65 billion, a price-to-earnings ratio of 99.30 and a beta of 0.27. The company has a 50-day moving average price of $31.43 and a 200-day moving average price of $30.10.
Healthcare Trust Of America (NYSE:HTA) last announced its quarterly earnings data on Wednesday, February 15th. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.30. The company earned $122.04 million during the quarter, compared to analysts’ expectations of $118.49 million. Healthcare Trust Of America had a net margin of 9.01% and a return on equity of 2.58%. Equities analysts expect that Healthcare Trust Of America will post $0.39 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, April 13th. Investors of record on Monday, April 10th were paid a dividend of $0.30 per share. This is a boost from Healthcare Trust Of America’s previous quarterly dividend of $0.30. The ex-dividend date was Thursday, April 6th. This represents a $1.20 annualized dividend and a yield of 3.66%. Healthcare Trust Of America’s payout ratio is presently 413.81%.
A number of large investors have recently bought and sold shares of HTA. Monashee Investment Management LLC acquired a new stake in Healthcare Trust Of America during the third quarter valued at $2,283,000. Schroder Investment Management Group boosted its stake in Healthcare Trust Of America by 2,828.5% in the third quarter. Schroder Investment Management Group now owns 389,988 shares of the real estate investment trust’s stock valued at $12,722,000 after buying an additional 376,671 shares during the last quarter. BlackRock Inc. boosted its stake in Healthcare Trust Of America by 9.8% in the third quarter. BlackRock Inc. now owns 295,690 shares of the real estate investment trust’s stock valued at $9,645,000 after buying an additional 26,417 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Healthcare Trust Of America by 70.1% in the fourth quarter. Renaissance Technologies LLC now owns 984,800 shares of the real estate investment trust’s stock valued at $28,668,000 after buying an additional 405,700 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. boosted its stake in Healthcare Trust Of America by 4.0% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 4,710,782 shares of the real estate investment trust’s stock valued at $153,666,000 after buying an additional 179,368 shares during the last quarter. Hedge funds and other institutional investors own 87.68% of the company’s stock.
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.
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