Healthcare Trust of America, Inc. (NYSE:HTA) has been assigned an average rating of “Hold” from the eleven analysts that are currently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $30.00.
A number of brokerages recently weighed in on HTA. Zacks Investment Research lowered Healthcare Trust of America from a “buy” rating to a “hold” rating in a report on Wednesday, May 5th. Morgan Stanley boosted their price objective on shares of Healthcare Trust of America from $25.00 to $28.00 and gave the stock an “equal weight” rating in a research note on Monday, March 15th. They noted that the move was a valuation call.
A number of hedge funds have recently added to or reduced their stakes in HTA. Jane Street Group LLC raised its holdings in Healthcare Trust of America by 3.5% in the 4th quarter. Jane Street Group LLC now owns 11,055 shares of the real estate investment trust’s stock valued at $304,000 after acquiring an additional 374 shares in the last quarter. Arkadios Wealth Advisors increased its position in shares of Healthcare Trust of America by 34.4% during the first quarter. Arkadios Wealth Advisors now owns 1,507 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 386 shares during the period. Intrua Financial LLC raised its stake in shares of Healthcare Trust of America by 4.1% in the first quarter. Intrua Financial LLC now owns 12,131 shares of the real estate investment trust’s stock valued at $349,000 after purchasing an additional 482 shares in the last quarter. Lido Advisors LLC lifted its position in Healthcare Trust of America by 1.9% in the first quarter. Lido Advisors LLC now owns 26,884 shares of the real estate investment trust’s stock worth $750,000 after purchasing an additional 489 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its stake in Healthcare Trust of America by 0.3% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 183,244 shares of the real estate investment trust’s stock worth $5,046,000 after buying an additional 508 shares in the last quarter. 98.06% of the stock is currently owned by institutional investors and hedge funds.
Healthcare Trust of America (NYSE:HTA) last posted its earnings results on Thursday, May 6th. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.33). Healthcare Trust of America had a net margin of 7.69% and a return on equity of 2.61%. The company had revenue of $191.50 million for the quarter, compared to the consensus estimate of $189.58 million. During the same quarter last year, the business earned $0.42 earnings per share. Healthcare Trust of America’s quarterly revenue was up 3.1% on a year-over-year basis. Sell-side analysts anticipate that Healthcare Trust of America will post 1.76 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 12th. Stockholders of record on Friday, April 2nd were issued a dividend of $0.32 per share. The ex-dividend date was Wednesday, March 31st. This represents a $1.28 annualized dividend and a dividend yield of 4.34%. Healthcare Trust of America’s payout ratio is 74.85%.
About Healthcare Trust of America
Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 25.1 million square feet of GLA, with $7.4 billion invested primarily in MOBs. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.
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