Healthcare Trust of America (NYSE:HTA) released its earnings results on Sunday. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.30), MarketWatch Earnings reports. Healthcare Trust of America had a return on equity of 1.84% and a net margin of 4.67%. The business had revenue of $187.02 million for the quarter, compared to analysts’ expectations of $187.10 million. During the same quarter in the prior year, the business posted $0.42 EPS. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year.
HTA traded up $0.59 during trading on Tuesday, hitting $28.31. 31,267 shares of the stock were exchanged, compared to its average volume of 1,736,107. The firm has a 50 day simple moving average of $28.18 and a 200 day simple moving average of $26.75. The firm has a market cap of $6.19 billion, a price-to-earnings ratio of 184.80 and a beta of 0.58. Healthcare Trust of America has a 1 year low of $20.61 and a 1 year high of $34.22. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.42 and a current ratio of 1.42.
Several analysts recently issued reports on HTA shares. Capital One Financial cut Healthcare Trust of America from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, January 20th. Smith Barney Citigroup upgraded Healthcare Trust of America from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 15th. Jefferies Financial Group increased their target price on Healthcare Trust of America from $33.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, January 13th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised Healthcare Trust of America from a “neutral” rating to a “buy” rating and increased their price target for the company from $28.00 to $29.00 in a research note on Tuesday, December 15th. Finally, JPMorgan Chase & Co. lowered Healthcare Trust of America from an “overweight” rating to a “neutral” rating and set a $29.00 price target for the company. in a research note on Monday, December 21st. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $29.92.
Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 25.1 million square feet of GLA, with $7.4 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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