Healthcare Trust Of America (HTA) Upgraded to “B” by TheStreet

Healthcare Trust Of America (NYSE:HTA) was upgraded by analysts at TheStreet from a “c+” rating to a “b” rating in a note issued to investors on Thursday.

A number of other analysts also recently commented on HTA. Zacks Investment Research upgraded shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Monday, September 3rd. ValuEngine downgraded shares of Healthcare Trust Of America from a “hold” rating to a “sell” rating in a report on Friday, September 7th. Jefferies Financial Group reiterated a “buy” rating and issued a $34.00 price objective on shares of Healthcare Trust Of America in a report on Monday, August 13th. JPMorgan Chase & Co. increased their price objective on shares of Healthcare Trust Of America from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, August 29th. Finally, SunTrust Banks cut their price objective on shares of Healthcare Trust Of America from $32.00 to $30.00 and set a “buy” rating for the company in a report on Monday, October 29th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $30.40.

HTA opened at $28.65 on Thursday. Healthcare Trust Of America has a twelve month low of $24.06 and a twelve month high of $31.69. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market cap of $6.03 billion, a P/E ratio of 17.58, a P/E/G ratio of 4.46 and a beta of 0.22.

Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings results on Thursday, October 25th. The real estate investment trust reported $0.41 earnings per share for the quarter, hitting the consensus estimate of $0.41. Healthcare Trust Of America had a net margin of 34.48% and a return on equity of 7.31%. The firm had revenue of $175.14 million during the quarter, compared to the consensus estimate of $174.85 million. On average, sell-side analysts expect that Healthcare Trust Of America will post 1.63 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in the business. Macquarie Group Ltd. grew its stake in shares of Healthcare Trust Of America by 2.8% in the 2nd quarter. Macquarie Group Ltd. now owns 67,048 shares of the real estate investment trust’s stock valued at $1,808,000 after buying an additional 1,850 shares during the period. Oppenheimer Asset Management Inc. grew its stake in shares of Healthcare Trust Of America by 5.9% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 37,824 shares of the real estate investment trust’s stock valued at $1,009,000 after buying an additional 2,122 shares during the period. Park Avenue Securities LLC grew its stake in shares of Healthcare Trust Of America by 15.9% in the 3rd quarter. Park Avenue Securities LLC now owns 17,107 shares of the real estate investment trust’s stock valued at $445,000 after buying an additional 2,352 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of Healthcare Trust Of America by 14.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 19,600 shares of the real estate investment trust’s stock valued at $523,000 after buying an additional 2,400 shares during the period. Finally, AQR Capital Management LLC grew its stake in shares of Healthcare Trust Of America by 4.7% in the 3rd quarter. AQR Capital Management LLC now owns 53,623 shares of the real estate investment trust’s stock valued at $1,430,000 after buying an additional 2,426 shares during the period. Institutional investors own 95.39% of the company’s stock.

Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 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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