Healthcare Trust of America, Inc. (NYSE:HTA) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday.

According to Zacks, “Healthcare Trust of America, Inc. is a self-administered real estate investment trust. The Company primarily focuses on medical office buildings, healthcare-related facilities and quality commercial office properties. It also invests to a limited extent in other real estate-related assets. Its portfolio is positioned in metropolitan markets such as Atlanta, GA, Phoenix, AZ, Indianapolis, IN, Greenville, SC, Pittsburgh, PA, Albany, NY, Boston, MA and both Dallas and Houston, TX. Healthcare Trust of America, Inc. is headquartered in Scottsdale, Arizona. “

Other research analysts also recently issued research reports about the company. Stifel Nicolaus cut their price target on Healthcare Trust of America from $36.00 to $34.00 and set a “buy” rating for the company in a research note on Wednesday, July 12th. BidaskClub downgraded Healthcare Trust of America from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 8th. Mizuho reaffirmed a “buy” rating on shares of Healthcare Trust of America in a research note on Tuesday, June 27th. Mitsubishi UFJ Financial Group Inc reaffirmed a “buy” rating on shares of Healthcare Trust of America in a research note on Thursday, May 4th. Finally, Mitsubishi UFJ Financial Group reaffirmed a “buy” rating on shares of Healthcare Trust of America in a research note on Wednesday, May 3rd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $34.50.

Shares of Healthcare Trust of America (HTA) opened at 30.50 on Tuesday. Healthcare Trust of America has a 12 month low of $26.34 and a 12 month high of $34.64. The firm has a market capitalization of $6.12 billion, a PE ratio of 149.51 and a beta of 0.32. The stock has a 50 day moving average of $30.23 and a 200-day moving average of $30.93.

Healthcare Trust of America (NYSE:HTA) last released its quarterly earnings results on Monday, July 31st. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. The business had revenue of $139.90 million during the quarter, compared to the consensus estimate of $133.69 million. Healthcare Trust of America had a return on equity of 1.42% and a net margin of 6.07%. The business’s revenue was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.38 EPS. On average, equities research analysts anticipate that Healthcare Trust of America will post $0.23 EPS for the current fiscal year.

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In related news, CEO Scott D. Peters sold 55,240 shares of the business’s stock in a transaction dated Tuesday, June 27th. The shares were sold at an average price of $32.06, for a total value of $1,770,994.40. Following the completion of the transaction, the chief executive officer now owns 405,092 shares of the company’s stock, valued at approximately $12,987,249.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.50% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio increased its position in shares of Healthcare Trust of America by 39.9% in the second quarter. Public Employees Retirement System of Ohio now owns 87,310 shares of the real estate investment trust’s stock valued at $2,716,000 after buying an additional 24,892 shares during the last quarter. 1st Global Advisors Inc. purchased a new position in shares of Healthcare Trust of America during the second quarter valued at $229,000. California State Teachers Retirement System increased its position in shares of Healthcare Trust of America by 33.6% in the second quarter. California State Teachers Retirement System now owns 361,887 shares of the real estate investment trust’s stock valued at $11,258,000 after buying an additional 91,010 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Healthcare Trust of America by 4.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 42,711 shares of the real estate investment trust’s stock valued at $1,329,000 after buying an additional 1,632 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in shares of Healthcare Trust of America by 81.7% in the second quarter. The Manufacturers Life Insurance Company now owns 11,058 shares of the real estate investment trust’s stock valued at $344,000 after buying an additional 4,971 shares during the last quarter. 70.89% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Healthcare Trust of America (NYSE:HTA)

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