Healthcare Trust of America, Inc. (NYSE:HTA)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Group LLC in a research report issued on Tuesday. They currently have a $34.00 target price on the real estate investment trust’s stock. Jefferies Group LLC’s price objective would indicate a potential upside of 13.83% from the stock’s previous close.

Several other brokerages have also recently commented on HTA. BidaskClub upgraded Healthcare Trust of America from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 27th. Mizuho reiterated a “buy” rating on shares of Healthcare Trust of America in a research report on Tuesday, June 27th. BMO Capital Markets upgraded Healthcare Trust of America from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $33.00 to $35.00 in a research report on Tuesday, June 20th. They noted that the move was a valuation call. Wells Fargo & Company reiterated an “outperform” rating and set a $35.00 price target (up from $33.50) on shares of Healthcare Trust of America in a research report on Friday, June 16th. Finally, Zacks Investment Research cut Healthcare Trust of America from a “hold” rating to a “sell” rating in a research report on Wednesday, September 6th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. Healthcare Trust of America presently has a consensus rating of “Buy” and an average price target of $34.00.

Healthcare Trust of America (HTA) traded up 0.40% on Tuesday, hitting $29.99. The stock had a trading volume of 312,156 shares. The company has a 50-day moving average of $30.56 and a 200 day moving average of $30.93. The company has a market cap of $6.02 billion, a PE ratio of 147.01 and a beta of 0.30. Healthcare Trust of America has a 12 month low of $26.34 and a 12 month high of $33.00.

Healthcare Trust of America (NYSE:HTA) last issued its quarterly earnings results on Monday, July 31st. The real estate investment trust reported $0.39 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.39. Healthcare Trust of America had a return on equity of 1.42% and a net margin of 6.07%. The firm had revenue of $139.90 million during the quarter, compared to analysts’ expectations of $133.69 million. During the same period in the previous year, the business earned $0.38 earnings per share. The firm’s revenue for the quarter was up 23.6% on a year-over-year basis. On average, analysts predict that Healthcare Trust of America will post $0.26 EPS for the current fiscal year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HTA. V Wealth Management LLC acquired a new position in Healthcare Trust of America during the second quarter worth $101,000. First Mercantile Trust Co. acquired a new position in Healthcare Trust of America during the second quarter worth $132,000. US Bancorp DE boosted its stake in Healthcare Trust of America by 1,142.9% during the second quarter. US Bancorp DE now owns 4,350 shares of the real estate investment trust’s stock worth $135,000 after buying an additional 4,000 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its stake in Healthcare Trust of America by 44.0% during the second quarter. Public Employees Retirement Association of Colorado now owns 6,175 shares of the real estate investment trust’s stock worth $192,000 after buying an additional 1,888 shares during the last quarter. Finally, Comerica Bank acquired a new position in Healthcare Trust of America during the first quarter worth $202,000. 97.75% of the stock is currently owned by 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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