Zacks Investment Research upgraded shares of Healthcare Trust Of America (NYSE:HTA) from a hold rating to a buy rating in a report issued on Tuesday. The firm currently has $32.00 price target on the real estate investment trust’s stock.

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 equities analysts also recently issued research reports about the company. TheStreet upgraded Healthcare Trust Of America from a c rating to a b- rating in a research report on Tuesday, October 24th. SunTrust Banks set a $36.00 target price on Healthcare Trust Of America and gave the company a buy rating in a research report on Tuesday, October 24th. BMO Capital Markets restated a buy rating and issued a $35.00 target price on shares of Healthcare Trust Of America in a research report on Monday, October 2nd. Capital One Financial restated an equal weight rating and issued a $31.00 target price on shares of Healthcare Trust Of America in a research report on Monday, September 25th. Finally, Mizuho restated a buy rating and issued a $36.00 target price on shares of Healthcare Trust Of America in a research report on Wednesday, October 4th. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the stock. Healthcare Trust Of America presently has a consensus rating of Buy and an average price target of $33.90.

Healthcare Trust Of America (HTA) traded down $0.30 during midday trading on Tuesday, hitting $27.29. The stock had a trading volume of 1,770,310 shares, compared to its average volume of 1,395,856. The stock has a market capitalization of $5,590.00, a P/E ratio of 113.71, a PEG ratio of 4.06 and a beta of 0.32. Healthcare Trust Of America has a 1-year low of $27.09 and a 1-year high of $33.00. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.30 and a current ratio of 1.30.

Healthcare Trust Of America (NYSE:HTA) last released its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.34). The firm had revenue of $176.00 million during the quarter, compared to analysts’ expectations of $163.62 million. Healthcare Trust Of America had a net margin of 6.75% and a return on equity of 1.50%. The business’s revenue was up 48.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 EPS. research analysts forecast that Healthcare Trust Of America will post 1.65 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 9th. Investors of record on Tuesday, January 2nd were given a dividend of $0.305 per share. The ex-dividend date of this dividend was Friday, December 29th. This represents a $1.22 dividend on an annualized basis and a yield of 4.47%. Healthcare Trust Of America’s payout ratio is 508.33%.

A number of institutional investors have recently made changes to their positions in the stock. Cetera Advisors LLC lifted its position in Healthcare Trust Of America by 12.8% during the third quarter. Cetera Advisors LLC now owns 21,088 shares of the real estate investment trust’s stock worth $627,000 after buying an additional 2,390 shares in the last quarter. Eii Capital Management Inc. purchased a new position in Healthcare Trust Of America during the third quarter worth approximately $1,344,000. Neuberger Berman Group LLC lifted its position in Healthcare Trust Of America by 48.8% during the third quarter. Neuberger Berman Group LLC now owns 480,626 shares of the real estate investment trust’s stock worth $14,323,000 after buying an additional 157,557 shares in the last quarter. California Public Employees Retirement System lifted its position in Healthcare Trust Of America by 7.0% during the third quarter. California Public Employees Retirement System now owns 346,946 shares of the real estate investment trust’s stock worth $10,339,000 after buying an additional 22,846 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in Healthcare Trust Of America by 5.3% during the third quarter. Janney Montgomery Scott LLC now owns 71,469 shares of the real estate investment trust’s stock worth $2,130,000 after buying an additional 3,597 shares in the last quarter. Hedge funds and other institutional investors own 98.15% of the company’s stock.

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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.

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