Healthcare Trust of America (NYSE:HTA) posted its quarterly earnings data on Sunday. The real estate investment trust reported $0.13 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 company had revenue of $187.02 million during the quarter, compared to the consensus estimate of $187.10 million. During the same period last year, the business earned $0.42 EPS. The firm’s quarterly revenue was up 6.1% compared to the same quarter last year.
NYSE HTA traded up $0.64 during trading on Tuesday, hitting $28.36. 38,015 shares of the stock traded hands, compared to its average volume of 1,736,107. The company has a market capitalization of $6.20 billion, a P/E ratio of 184.80 and a beta of 0.58. The firm has a 50-day simple moving average of $28.18 and a 200-day simple moving average of $26.75. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.92. Healthcare Trust of America has a 12-month low of $20.61 and a 12-month high of $34.22.
Several research analysts have recently commented on HTA shares. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised Healthcare Trust of America from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $28.00 to $29.00 in a research note on Tuesday, December 15th. Smith Barney Citigroup raised Healthcare Trust of America from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 15th. JPMorgan Chase & Co. downgraded Healthcare Trust of America from an “overweight” rating to a “neutral” rating and set a $29.00 price objective on the stock. in a research note on Monday, December 21st. Capital One Financial downgraded Healthcare Trust of America from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, January 20th. Finally, Scotiabank started coverage on Healthcare Trust of America in a research note on Thursday, January 28th. They issued a “sector perform” rating and a $30.00 price objective on the stock. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price 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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