Healthcare Trust Of America Inc Expected to Post FY2018 Earnings of $1.61 Per Share (HTA)

Healthcare Trust Of America Inc (NYSE:HTA) – Research analysts at Jefferies Financial Group dropped their FY2018 EPS estimates for shares of Healthcare Trust Of America in a research report issued on Monday, October 29th. Jefferies Financial Group analyst O. Okusanya now expects that the real estate investment trust will earn $1.61 per share for the year, down from their previous forecast of $1.65. Jefferies Financial Group has a “Buy” rating and a $34.00 price objective on the stock. Jefferies Financial Group also issued estimates for Healthcare Trust Of America’s FY2019 earnings at $1.61 EPS and FY2020 earnings at $1.70 EPS.

Healthcare Trust Of America (NYSE:HTA) last issued its quarterly earnings results on Thursday, August 2nd. The real estate investment trust reported $0.07 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.34). Healthcare Trust Of America had a net margin of 34.48% and a return on equity of 7.36%. The firm had revenue of $173.33 million for the quarter, compared to the consensus estimate of $176.30 million. During the same period last year, the company posted $0.39 EPS. The business’s revenue was up 23.9% compared to the same quarter last year.

Several other equities analysts have also weighed in on HTA. Zacks Investment Research upgraded shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Friday, September 14th. ValuEngine upgraded shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Wednesday, August 15th. SunTrust Banks dropped their price objective on shares of Healthcare Trust Of America from $32.00 to $30.00 and set a “buy” rating on the stock in a report on Monday. Mitsubishi UFJ Financial Group reiterated a “neutral” rating and set a $28.00 price objective (down previously from $30.00) on shares of Healthcare Trust Of America in a report on Tuesday, July 10th. Finally, Morgan Stanley lowered shares of Healthcare Trust Of America from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $27.00 to $26.00 in a report on Thursday, August 16th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Healthcare Trust Of America has a consensus rating of “Hold” and an average target price of $30.40.

Shares of NYSE HTA opened at $26.75 on Wednesday. Healthcare Trust Of America has a 1-year low of $24.06 and a 1-year high of $31.69. The stock has a market cap of $5.45 billion, a PE ratio of 16.41, a P/E/G ratio of 4.02 and a beta of 0.22. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.81.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 9th. Stockholders of record on Wednesday, January 2nd will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, December 31st. This represents a $1.24 annualized dividend and a dividend yield of 4.64%. Healthcare Trust Of America’s dividend payout ratio is currently 76.07%.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Sequent Asset Management LLC raised its holdings in shares of Healthcare Trust Of America by 7.8% in the 3rd quarter. Sequent Asset Management LLC now owns 49,637 shares of the real estate investment trust’s stock worth $1,324,000 after acquiring an additional 3,571 shares during the last quarter. NN Investment Partners Holdings N.V. acquired a new stake in shares of Healthcare Trust Of America in the 3rd quarter worth about $289,000. Oppenheimer Asset Management Inc. raised its holdings in shares of Healthcare Trust Of America by 5.9% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 37,824 shares of the real estate investment trust’s stock worth $1,009,000 after acquiring an additional 2,122 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Healthcare Trust Of America by 33.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 44,530 shares of the real estate investment trust’s stock worth $1,176,000 after acquiring an additional 11,235 shares during the last quarter. Finally, Securian Asset Management Inc raised its holdings in shares of Healthcare Trust Of America by 6.4% in the 3rd quarter. Securian Asset Management Inc now owns 592,800 shares of the real estate investment trust’s stock worth $15,810,000 after acquiring an additional 35,700 shares during the last quarter.

Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, comprising over 24.2 million square feet of GLA, with over $7.0 billion invested primarily in medical office buildings. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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Earnings History and Estimates for Healthcare Trust Of America (NYSE:HTA)

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