Healthcare Trust Of America (HTA) Upgraded to “Buy” at ValuEngine

ValuEngine upgraded shares of Healthcare Trust Of America (NYSE:HTA) from a hold rating to a buy rating in a research report sent to investors on Thursday.

HTA has been the subject of several other reports. Zacks Investment Research raised shares of Healthcare Trust Of America from a sell rating to a hold rating in a report on Saturday, November 3rd. Mizuho upgraded shares of Healthcare Trust Of America from a neutral rating to a buy rating and set a $32.00 price objective on the stock in a report on Tuesday, November 13th. Morgan Stanley lowered shares of Healthcare Trust Of America from an overweight rating to an equal weight rating and cut their price target for the stock from $27.00 to $26.00 in a research note on Thursday, August 16th. Finally, SunTrust Banks cut their price target on shares of Healthcare Trust Of America from $32.00 to $30.00 and set a buy rating on the stock in a research note on Monday, October 29th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $30.40.

Healthcare Trust Of America stock traded down $0.15 during trading hours on Thursday, hitting $28.94. The stock had a trading volume of 110,759 shares, compared to its average volume of 1,501,079. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.33 and a current ratio of 1.33. Healthcare Trust Of America has a 12-month low of $24.06 and a 12-month high of $31.69. The stock has a market capitalization of $5.79 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 4.29 and a beta of 0.22.

Healthcare Trust Of America (NYSE:HTA) last issued its earnings results on Thursday, October 25th. The real estate investment trust reported $0.41 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.41. The firm had revenue of $175.14 million during the quarter, compared to analyst estimates of $174.85 million. Healthcare Trust Of America had a net margin of 34.48% and a return on equity of 7.31%. As a group, equities research analysts forecast that Healthcare Trust Of America will post 1.63 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 9th. Investors of record on Wednesday, January 2nd will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date of this dividend is Monday, December 31st. Healthcare Trust Of America’s payout ratio is currently 76.07%.

Large investors have recently modified their holdings of the business. Macquarie Group Ltd. grew its position in shares of Healthcare Trust Of America by 2.8% in the 2nd quarter. Macquarie Group Ltd. now owns 67,048 shares of the real estate investment trust’s stock worth $1,808,000 after acquiring an additional 1,850 shares in the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of Healthcare Trust Of America by 5.9% during the third quarter. Oppenheimer Asset Management Inc. now owns 37,824 shares of the real estate investment trust’s stock worth $1,009,000 after purchasing an additional 2,122 shares during the period. Park Avenue Securities LLC raised its position in shares of Healthcare Trust Of America by 15.9% during the third quarter. Park Avenue Securities LLC now owns 17,107 shares of the real estate investment trust’s stock worth $445,000 after purchasing an additional 2,352 shares during the period. Nisa Investment Advisors LLC raised its position in shares of Healthcare Trust Of America by 14.0% during the third quarter. Nisa Investment Advisors LLC now owns 19,600 shares of the real estate investment trust’s stock worth $523,000 after purchasing an additional 2,400 shares during the period. Finally, AQR Capital Management LLC raised its position in shares of Healthcare Trust Of America by 4.7% during the third quarter. AQR Capital Management LLC now owns 53,623 shares of the real estate investment trust’s stock worth $1,430,000 after purchasing an additional 2,426 shares during the period. 95.39% of the stock is currently owned by hedge funds and other institutional investors.

About Healthcare Trust Of America

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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