Zacks Investment Research upgraded shares of Healthcare Trust of America, Inc. (NYSE:HTA) from a sell rating to a hold rating in a research note released on Tuesday morning.

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. “

Several other brokerages also recently commented on HTA. BidaskClub downgraded Healthcare Trust of America from a strong-buy rating to a buy rating in a research note on Saturday, July 8th. Jefferies Group LLC upgraded Healthcare Trust of America to a buy rating and set a $36.00 target price for the company in a research note on Monday, June 5th. TheStreet downgraded Healthcare Trust of America from a b- rating to a c rating in a research note on Monday, July 31st. UBS AG upgraded Healthcare Trust of America from an outperform rating to a strong-buy rating in a research note on Monday, July 17th. Finally, Mizuho restated a buy rating on shares of Healthcare Trust of America in a research note on Tuesday, June 27th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. Healthcare Trust of America presently has a consensus rating of Buy and an average price target of $34.14.

Shares of Healthcare Trust of America (NYSE:HTA) opened at 31.07 on Tuesday. The stock has a 50 day moving average price of $30.44 and a 200-day moving average price of $31.04. The company has a market capitalization of $6.23 billion, a price-to-earnings ratio of 152.30 and a beta of 0.32. Healthcare Trust of America has a one year low of $26.34 and a one year high of $34.35.

Healthcare Trust of America (NYSE:HTA) last issued its quarterly earnings results on Monday, July 31st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.39. The firm 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% compared to the same quarter last year. During the same period last year, the business posted $0.38 EPS. On average, equities research analysts expect that Healthcare Trust of America will post $0.26 EPS for the current year.

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The firm also recently declared a quarterly dividend, which will be paid on Friday, October 6th. Investors of record on Monday, October 2nd will be given a $0.305 dividend. This is a boost from Healthcare Trust of America’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Friday, September 29th. This represents a $1.22 annualized dividend and a yield of 3.93%. Healthcare Trust of America’s dividend payout ratio (DPR) is presently 571.43%.

In related news, CEO Scott D. Peters sold 55,240 shares of the firm’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 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 legal filing with the SEC, which is available through this hyperlink. 1.50% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in HTA. BlackRock Inc. lifted its position in Healthcare Trust of America by 4,226.2% in the 1st quarter. BlackRock Inc. now owns 9,047,010 shares of the real estate investment trust’s stock valued at $284,619,000 after acquiring an additional 8,837,888 shares in the last quarter. Vanguard Group Inc. lifted its position in Healthcare Trust of America by 34.1% in the 2nd quarter. Vanguard Group Inc. now owns 29,518,137 shares of the real estate investment trust’s stock valued at $918,310,000 after acquiring an additional 7,510,727 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Healthcare Trust of America by 5,675.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 6,025,724 shares of the real estate investment trust’s stock valued at $187,461,000 after acquiring an additional 5,921,387 shares in the last quarter. FMR LLC lifted its position in Healthcare Trust of America by 220.0% in the 2nd quarter. FMR LLC now owns 4,605,600 shares of the real estate investment trust’s stock valued at $143,280,000 after acquiring an additional 3,166,400 shares in the last quarter. Finally, Cbre Clarion Securities LLC lifted its position in Healthcare Trust of America by 56.9% in the 2nd quarter. Cbre Clarion Securities LLC now owns 8,181,898 shares of the real estate investment trust’s stock valued at $254,539,000 after acquiring an additional 2,965,936 shares in the last quarter. 97.56% of the stock is currently owned by institutional investors and hedge funds.

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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