Healthcare Trust Of America (HTA) Raised to Hold at Zacks Investment Research

Zacks Investment Research upgraded shares of Healthcare Trust Of America (NYSE:HTA) from a sell rating to a hold rating in a research report released on Thursday.

According to Zacks, “Healthcare Trust of America, Inc. is a self-administered real estate investment trust. The Company primarily focuses on medical office buildings, healthcare-related facilities and quality commercial office properties. It also invests to a limited extent in other real estate-related assets. Its portfolio is positioned in metropolitan markets such as Atlanta, GA, Phoenix, AZ, Indianapolis, IN, Greenville, SC, Pittsburgh, PA, Albany, NY, Boston, MA and both Dallas and Houston, TX. Healthcare Trust of America, Inc. is headquartered in Scottsdale, Arizona. “

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Other equities analysts have also issued reports about the stock. BMO Capital Markets restated a buy rating and issued a $33.00 price objective on shares of Healthcare Trust Of America in a report on Tuesday, January 9th. TheStreet lowered shares of Healthcare Trust Of America from a b- rating to a c+ rating in a report on Monday, December 11th. Mizuho downgraded shares of Healthcare Trust Of America from a buy rating to a neutral rating and set a $32.00 target price for the company. in a research report on Tuesday, February 20th. Raymond James Financial downgraded shares of Healthcare Trust Of America from a strong-buy rating to an outperform rating and cut their target price for the stock from $34.00 to $30.00 in a research report on Tuesday, February 27th. Finally, Jefferies Group reaffirmed a buy rating on shares of Healthcare Trust Of America in a research report on Friday, February 23rd. Six research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Buy and a consensus price target of $31.82.

Shares of NYSE HTA opened at $26.45 on Thursday. Healthcare Trust Of America has a twelve month low of $24.50 and a twelve month high of $33.00. The company has a market capitalization of $5,419.39, a P/E ratio of 16.23, a PEG ratio of 3.86 and a beta of 0.26. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.83.

Healthcare Trust Of America (NYSE:HTA) last announced its quarterly earnings data on Thursday, February 15th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.22). Healthcare Trust Of America had a return on equity of 2.19% and a net margin of 10.41%. The firm had revenue of $173.77 million during the quarter, compared to analysts’ expectations of $176.07 million. sell-side analysts expect that Healthcare Trust Of America will post 1.71 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 10th. Shareholders of record on Tuesday, April 3rd will be given a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date is Monday, April 2nd. Healthcare Trust Of America’s dividend payout ratio (DPR) is presently 74.85%.

Several hedge funds have recently modified their holdings of the company. Cubist Systematic Strategies LLC grew its position in shares of Healthcare Trust Of America by 4.6% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 41,161 shares of the real estate investment trust’s stock valued at $1,227,000 after acquiring an additional 1,813 shares during the period. Stifel Financial Corp grew its position in shares of Healthcare Trust Of America by 3.6% during the 3rd quarter. Stifel Financial Corp now owns 54,790 shares of the real estate investment trust’s stock valued at $1,667,000 after acquiring an additional 1,910 shares during the period. YorkBridge Wealth Partners LLC grew its position in shares of Healthcare Trust Of America by 61.1% during the 4th quarter. YorkBridge Wealth Partners LLC now owns 5,220 shares of the real estate investment trust’s stock valued at $138,000 after acquiring an additional 1,979 shares during the period. Glenmede Trust Co. NA grew its position in shares of Healthcare Trust Of America by 100.0% during the 4th quarter. Glenmede Trust Co. NA now owns 4,000 shares of the real estate investment trust’s stock valued at $120,000 after acquiring an additional 2,000 shares during the period. Finally, Global Financial Private Capital LLC grew its position in shares of Healthcare Trust Of America by 6.5% during the 4th quarter. Global Financial Private Capital LLC now owns 36,928 shares of the real estate investment trust’s stock valued at $1,109,000 after acquiring an additional 2,252 shares during the period.

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Healthcare Trust Of America Company Profile

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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