Analysts expect that Healthcare Trust of America, Inc. (NYSE:HTA) will report $0.40 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Healthcare Trust of America’s earnings, with the lowest EPS estimate coming in at $0.37 and the highest estimate coming in at $0.43. Healthcare Trust of America also reported earnings of $0.40 per share in the same quarter last year. The firm is expected to announce its next quarterly earnings results on Monday, August 7th.

According to Zacks, analysts expect that Healthcare Trust of America will report full year earnings of $1.68 per share for the current fiscal year, with EPS estimates ranging from $1.65 to $1.70. For the next financial year, analysts forecast that the business will report earnings of $1.76 per share, with EPS estimates ranging from $1.74 to $1.80. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Healthcare Trust of America.

Healthcare Trust of America (NYSE:HTA) last issued its quarterly earnings data on Wednesday, April 26th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.41. Healthcare Trust of America had a return on equity of 2.63% and a net margin of 10.38%. The company had revenue of $124.30 million during the quarter, compared to analysts’ expectations of $122.79 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. The business’s revenue was up 15.8% on a year-over-year basis.

HTA has been the subject of a number of recent research reports. Jefferies Group LLC upgraded shares of Healthcare Trust of America to a “buy” rating and set a $36.00 price objective for the company in a research note on Monday, June 5th. Mitsubishi UFJ Financial Group reissued a “buy” rating on shares of Healthcare Trust of America in a report on Wednesday, May 3rd. Mitsubishi UFJ Financial Group Inc reissued a “buy” rating on shares of Healthcare Trust of America in a report on Thursday, May 4th. Mizuho reissued a “buy” rating on shares of Healthcare Trust of America in a report on Tuesday, June 27th. Finally, BidaskClub downgraded shares of Healthcare Trust of America from a “strong-buy” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $34.30.

Shares of Healthcare Trust of America (HTA) traded up 0.58% during midday trading on Wednesday, hitting $29.68. The stock had a trading volume of 1,123,845 shares. The stock’s 50-day moving average price is $31.54 and its 200 day moving average price is $30.70. Healthcare Trust of America has a 52 week low of $26.34 and a 52 week high of $34.64. The company has a market cap of $4.27 billion, a price-to-earnings ratio of 87.29 and a beta of 0.32.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 11th. Stockholders of record on Wednesday, July 5th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend was Friday, June 30th. Healthcare Trust of America’s dividend payout ratio is currently 363.64%.

COPYRIGHT VIOLATION NOTICE: This news story was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another domain, it was copied illegally and republished in violation of U.S. and international copyright and trademark laws. The correct version of this news story can be read at https://www.thecerbatgem.com/2017/08/07/analysts-anticipate-healthcare-trust-of-america-inc-nysehta-to-announce-0-40-eps-updated-updated-updated.html.

In related news, CEO Scott D. Peters sold 65,000 shares of Healthcare Trust of America stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $29.63, for a total value of $1,925,950.00. Following the transaction, the chief executive officer now owns 460,332 shares in the company, valued at approximately $13,639,637.16. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Warren D. Fix bought 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was acquired at an average price of $29.64 per share, for a total transaction of $88,920.00. Following the transaction, the director now owns 56,425 shares in the company, valued at $1,672,437. The disclosure for this purchase can be found here. Insiders own 1.50% of the company’s stock.

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Healthcare Trust of America by 3.4% in the first quarter. Vanguard Group Inc. now owns 22,007,410 shares of the real estate investment trust’s stock worth $692,354,000 after buying an additional 717,284 shares during the last quarter. BlackRock Inc. boosted its position in Healthcare Trust of America by 4,226.2% in the first quarter. BlackRock Inc. now owns 9,047,010 shares of the real estate investment trust’s stock worth $284,619,000 after buying an additional 8,837,888 shares during the last quarter. State Street Corp boosted its position in Healthcare Trust of America by 4.9% in the first quarter. State Street Corp now owns 2,736,763 shares of the real estate investment trust’s stock worth $86,097,000 after buying an additional 126,654 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Healthcare Trust of America by 8.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,924,080 shares of the real estate investment trust’s stock worth $60,530,000 after buying an additional 143,219 shares during the last quarter. Finally, Duff & Phelps Investment Management Co. boosted its position in Healthcare Trust of America by 3.8% in the first quarter. Duff & Phelps Investment Management Co. now owns 1,840,887 shares of the real estate investment trust’s stock worth $57,914,000 after buying an additional 67,825 shares during the last quarter. Institutional investors own 89.53% of the company’s stock.

Healthcare Trust of America Company Profile

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.

Get a free copy of the Zacks research report on Healthcare Trust of America (HTA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Healthcare Trust of America (NYSE:HTA)

Receive News & Stock Ratings for Healthcare Trust of America Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Trust of America Inc. and related stocks with our FREE daily email newsletter.