Healthcare Trust Of America Inc (NYSE:HTA) – Equities researchers at Jefferies Group dropped their Q4 2017 earnings estimates for Healthcare Trust Of America in a note issued to investors on Tuesday. Jefferies Group analyst O. Okusanya now anticipates that the real estate investment trust will post earnings of $0.41 per share for the quarter, down from their previous forecast of $0.42. Jefferies Group currently has a “Buy” rating and a $34.00 target price on the stock.
Several other research analysts have also commented on 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. Zacks Investment Research upgraded shares of Healthcare Trust Of America from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a report on Tuesday, January 9th. Morgan Stanley upgraded shares of Healthcare Trust Of America from an “equal weight” rating to an “overweight” rating in a report on Wednesday, December 13th. TheStreet lowered shares of Healthcare Trust Of America from a “b-” rating to a “c+” rating in a report on Monday, December 11th. Finally, Mitsubishi UFJ Financial Group restated an “overweight” rating on shares of Healthcare Trust Of America in a report on Sunday, October 29th. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $33.90.
Healthcare Trust Of America (NYSE HTA) opened at $27.44 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.30 and a quick ratio of 1.30. Healthcare Trust Of America has a 1-year low of $27.09 and a 1-year high of $33.00. The company has a market cap of $5,613.88, a price-to-earnings ratio of 114.34, a price-to-earnings-growth ratio of 3.88 and a beta of 0.32.
Healthcare Trust Of America (NYSE:HTA) last issued its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.34). Healthcare Trust Of America had a return on equity of 1.50% and a net margin of 6.75%. The company had revenue of $176.00 million during the quarter, compared to the consensus estimate of $163.62 million. During the same quarter last year, the company posted $0.40 earnings per share. The firm’s revenue for the quarter was up 48.8% compared to the same quarter last year.
Institutional investors have recently modified their holdings of the stock. Zions Bancorporation bought a new position in shares of Healthcare Trust Of America in the 3rd quarter worth about $120,000. Stephens Inc. AR bought a new position in shares of Healthcare Trust Of America in the 2nd quarter worth about $207,000. 1st Global Advisors Inc. bought a new position in shares of Healthcare Trust Of America in the 2nd quarter worth about $229,000. First Allied Advisory Services Inc. increased its stake in shares of Healthcare Trust Of America by 1.8% in the 2nd quarter. First Allied Advisory Services Inc. now owns 7,875 shares of the real estate investment trust’s stock worth $243,000 after acquiring an additional 137 shares in the last quarter. Finally, Profund Advisors LLC bought a new position in shares of Healthcare Trust Of America in the 2nd quarter worth about $294,000. Institutional investors own 98.36% of the company’s stock.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 9th. Investors of record on Tuesday, January 2nd were paid a $0.305 dividend. The ex-dividend date was Friday, December 29th. This represents a $1.22 annualized dividend and a dividend yield of 4.45%. Healthcare Trust Of America’s payout ratio is 508.35%.
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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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