Shares of Healthcare Trust Of America Inc (NYSE:HTA) have been given a consensus recommendation of “Hold” by the fifteen brokerages that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, five have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $31.14.
Several equities research analysts have issued reports on the company. ValuEngine raised Healthcare Trust Of America from a “strong sell” rating to a “sell” rating in a research note on Tuesday. Zacks Investment Research raised Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research note on Thursday, March 29th. Morgan Stanley dropped their price objective on Healthcare Trust Of America from $33.00 to $30.00 and set an “overweight” rating for the company in a research note on Tuesday, March 20th. Raymond James reaffirmed a “market perform” rating on shares of Healthcare Trust Of America in a research note on Friday, June 1st. Finally, BMO Capital Markets set a $31.00 price objective on Healthcare Trust Of America and gave the company a “buy” rating in a research note on Monday, March 26th.
HTA stock traded up $0.31 during midday trading on Tuesday, hitting $26.64. 1,764,900 shares of the company’s stock were exchanged, compared to its average volume of 1,630,406. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.84. The stock has a market cap of $5.40 billion, a price-to-earnings ratio of 16.34, a price-to-earnings-growth ratio of 3.93 and a beta of 0.22. Healthcare Trust Of America has a 1-year low of $24.06 and a 1-year high of $32.65.
Healthcare Trust Of America (NYSE:HTA) last posted its earnings results on Monday, April 30th. The real estate investment trust reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.37). The business had revenue of $175.60 million for the quarter, compared to analyst estimates of $175.17 million. Healthcare Trust Of America had a return on equity of 1.82% and a net margin of 9.04%. Healthcare Trust Of America’s revenue was up 41.3% compared to the same quarter last year. During the same period last year, the business earned $0.41 EPS. sell-side analysts anticipate that Healthcare Trust Of America will post 1.67 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 10th. Stockholders of record on Thursday, July 5th will be paid a $0.305 dividend. The ex-dividend date is Tuesday, July 3rd. This represents a $1.22 dividend on an annualized basis and a dividend yield of 4.58%. Healthcare Trust Of America’s payout ratio is presently 74.85%.
In related news, CEO Scott D. Peters sold 77,425 shares of Healthcare Trust Of America stock in a transaction on Monday, April 9th. The stock was sold at an average price of $26.28, for a total value of $2,034,729.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Robert A. Milligan bought 3,800 shares of the firm’s stock in a transaction that occurred on Friday, June 8th. The stock was bought at an average price of $25.35 per share, with a total value of $96,330.00. Following the completion of the acquisition, the chief financial officer now owns 141,564 shares of the company’s stock, valued at approximately $3,588,647.40. The disclosure for this purchase can be found here. Insiders own 0.90% of the company’s stock.
Large investors have recently added to or reduced their stakes in the stock. Lazard Asset Management LLC purchased a new position in Healthcare Trust Of America in the fourth quarter valued at $267,000. Public Employees Retirement Association of Colorado boosted its holdings in Healthcare Trust Of America by 194.3% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 18,373 shares of the real estate investment trust’s stock valued at $552,000 after purchasing an additional 12,129 shares during the period. Honeywell International Inc. boosted its holdings in Healthcare Trust Of America by 27.9% in the fourth quarter. Honeywell International Inc. now owns 87,521 shares of the real estate investment trust’s stock valued at $2,629,000 after purchasing an additional 19,085 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Healthcare Trust Of America by 9.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 816,817 shares of the real estate investment trust’s stock valued at $24,537,000 after purchasing an additional 69,679 shares during the period. Finally, Glenmede Trust Co. NA boosted its holdings in Healthcare Trust Of America by 100.0% in the fourth quarter. Glenmede Trust Co. NA now owns 4,000 shares of the real estate investment trust’s stock valued at $120,000 after purchasing an additional 2,000 shares during the period. Hedge funds and other institutional investors own 98.70% of the company’s stock.
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 24.1 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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