Mitsubishi UFJ Financial Group Inc Reiterates Buy Rating for Healthcare Trust Of America Inc (HTA)

Healthcare Trust Of America Inc (NYSE:HTA)‘s stock had its “buy” rating restated by equities research analysts at Mitsubishi UFJ Financial Group Inc in a report released on Thursday, May 4th.

Several other equities research analysts have also issued reports on the company. Mitsubishi UFJ Financial Group reissued a “buy” rating on shares of Healthcare Trust Of America in a research report on Wednesday, May 3rd. Jefferies Group LLC upped their price target on Healthcare Trust Of America from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, May 1st. Mizuho raised Healthcare Trust Of America from a “neutral” rating to a “buy” rating and upped their price target for the company from $29.00 to $32.00 in a research report on Wednesday, January 4th. BMO Capital Markets restated a “hold” rating and set a $33.00 price objective on shares of Healthcare Trust Of America in a research note on Wednesday, April 12th. Finally, Zacks Investment Research upgraded Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research note on Monday, February 20th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $34.29.

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

Healthcare Trust Of America (NYSE:HTA) traded up 0.73% during mid-day trading on Thursday, reaching $31.65. 960,890 shares of the company were exchanged. The stock has a market capitalization of $4.55 billion, a price-to-earnings ratio of 93.09 and a beta of 0.27. The stock’s 50-day moving average price is $31.40 and its 200-day moving average price is $30.04. Healthcare Trust Of America has a 1-year low of $26.34 and a 1-year high of $34.64.

Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings results on Wednesday, April 26th. The real estate investment trust reported $0.41 EPS for the quarter, hitting the consensus estimate of $0.41. The firm had revenue of $124.30 million for the quarter, compared to analyst estimates of $122.79 million. Healthcare Trust Of America had a return on equity of 2.58% and a net margin of 9.01%. Healthcare Trust Of America’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 EPS. On average, equities research analysts anticipate that Healthcare Trust Of America will post $0.39 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 11th. Stockholders of record on Wednesday, July 5th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.82%. The ex-dividend date is Friday, June 30th. Healthcare Trust Of America’s dividend payout ratio is 413.81%.

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In related news, CEO Scott D. Peters sold 65,000 shares of the stock in a transaction dated Thursday, May 4th. The stock was sold at an average price of $29.63, for a total value of $1,925,950.00. Following the completion of the sale, the chief executive officer now directly owns 460,332 shares of the company’s stock, valued at approximately $13,639,637.16. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Warren D. Fix acquired 3,000 shares of Healthcare Trust Of America stock in a transaction that occurred on Wednesday, May 3rd. The stock was acquired at an average cost of $29.64 per share, with a total value of $88,920.00. Following the completion of the purchase, the director now owns 56,425 shares in the company, valued at approximately $1,672,437. The disclosure for this purchase can be found here. Corporate insiders own 1.50% of the company’s stock.

A number of large investors have recently made changes to their positions in HTA. Ameriprise Financial Inc. raised its position in shares of Healthcare Trust Of America by 18.6% in the third quarter. Ameriprise Financial Inc. now owns 688,345 shares of the real estate investment trust’s stock valued at $22,468,000 after buying an additional 108,003 shares during the last quarter. Rhumbline Advisers raised its position in shares of Healthcare Trust Of America by 7.2% in the third quarter. Rhumbline Advisers now owns 140,281 shares of the real estate investment trust’s stock valued at $4,576,000 after buying an additional 9,371 shares during the last quarter. BlackRock Fund Advisors raised its position in shares of Healthcare Trust Of America by 3.7% in the third quarter. BlackRock Fund Advisors now owns 2,373,464 shares of the real estate investment trust’s stock valued at $77,422,000 after buying an additional 84,229 shares during the last quarter. BlackRock Investment Management LLC raised its position in shares of Healthcare Trust Of America by 1.3% in the third quarter. BlackRock Investment Management LLC now owns 107,342 shares of the real estate investment trust’s stock valued at $3,501,000 after buying an additional 1,382 shares during the last quarter. Finally, BlackRock Advisors LLC raised its position in shares of Healthcare Trust Of America by 4.0% in the third quarter. BlackRock Advisors LLC now owns 104,041 shares of the real estate investment trust’s stock worth $3,394,000 after buying an additional 3,970 shares in the last quarter. 87.68% of the stock is owned by hedge funds and other institutional investors.

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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