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 morning.

Several other analysts also recently issued reports on HTA. Zacks Investment Research downgraded Healthcare Trust Of America from a hold rating to a sell rating in a research note on Tuesday, October 16th. SunTrust Banks decreased their price target on Healthcare Trust Of America from $32.00 to $30.00 and set a buy rating for the company in a research note on Monday, October 29th. Mizuho upgraded Healthcare Trust Of America from a neutral rating to a buy rating and set a $32.00 price target for the company in a research note on Tuesday, November 13th. Jefferies Financial Group reiterated a buy rating and set a $34.00 price target on shares of Healthcare Trust Of America in a research note on Monday, August 13th. Finally, Morgan Stanley downgraded Healthcare Trust Of America from an overweight rating to an equal weight rating and decreased their price target for the stock from $27.00 to $26.00 in a research note on Thursday, August 16th. One equities research 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 company presently has an average rating of Hold and an average price target of $30.40.

NYSE HTA traded down $0.15 on Thursday, reaching $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 current ratio of 1.33 and a quick ratio of 1.33. Healthcare Trust Of America has a 1 year low of $24.06 and a 1 year high of $31.69. The company has a market capitalization of $5.79 billion, a P/E 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 EPS for the quarter, meeting analysts’ consensus estimates of $0.41. Healthcare Trust Of America had a return on equity of 7.31% and a net margin of 34.48%. The firm had revenue of $175.14 million for the quarter, compared to the consensus estimate of $174.85 million. On average, equities analysts anticipate that Healthcare Trust Of America will post 1.63 EPS for the current year.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in HTA. JNBA Financial Advisors acquired a new position in shares of Healthcare Trust Of America during the 3rd quarter worth about $143,000. First Hawaiian Bank bought a new stake in shares of Healthcare Trust Of America in the 3rd quarter valued at approximately $190,000. Qube Research & Technologies Ltd bought a new stake in shares of Healthcare Trust Of America in the 2nd quarter valued at approximately $191,000. Engineers Gate Manager LP bought a new stake in shares of Healthcare Trust Of America in the 3rd quarter valued at approximately $203,000. Finally, CIBC Asset Management Inc bought a new stake in shares of Healthcare Trust Of America in the 2nd quarter valued at approximately $210,000. Institutional investors own 95.39% 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 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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