Healthcare Trust Of America Inc (NYSE:HTA) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 2,169,951 shares, a drop of 35.8% from the December 14th total of 3,381,970 shares. Currently, 1.1% of the company’s stock are short sold. Based on an average daily volume of 2,137,075 shares, the short-interest ratio is presently 1.0 days.
A number of research analysts recently issued reports on HTA shares. Zacks Investment Research upgraded Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Tuesday, November 13th. ValuEngine upgraded Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Monday, October 8th. Jefferies Financial Group lowered Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Thursday, December 13th. TheStreet lowered Healthcare Trust Of America from a “b” rating to a “c+” rating in a report on Monday, January 14th. Finally, BMO Capital Markets lowered Healthcare Trust Of America from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $30.00 to $28.00 in a report on Wednesday, January 9th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. Healthcare Trust Of America currently has an average rating of “Hold” and a consensus price target of $29.89.
Shares of NYSE HTA opened at $26.87 on Friday. The stock has a market cap of $5.49 billion, a price-to-earnings ratio of 16.48, a price-to-earnings-growth ratio of 3.98 and a beta of 0.36. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.76. Healthcare Trust Of America has a 1 year low of $24.06 and a 1 year high of $29.22.
Healthcare Trust Of America (NYSE:HTA) last announced its quarterly earnings results on Thursday, October 25th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.41. The company had revenue of $175.14 million during the quarter, compared to the consensus estimate of $174.85 million. Healthcare Trust Of America had a return on equity of 7.31% and a net margin of 34.48%. On average, equities research analysts expect that Healthcare Trust Of America will post 1.63 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 9th. Shareholders of record on Wednesday, January 2nd were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date was Monday, December 31st. Healthcare Trust Of America’s dividend payout ratio (DPR) is 76.07%.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. CX Institutional purchased a new stake in Healthcare Trust Of America during the 4th quarter worth about $359,000. Timbercreek Investment Management Inc. lifted its holdings in shares of Healthcare Trust Of America by 83.9% in the 4th quarter. Timbercreek Investment Management Inc. now owns 583,000 shares of the real estate investment trust’s stock valued at $14,756,000 after purchasing an additional 266,000 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of Healthcare Trust Of America by 1.9% in the 4th quarter. State of Alaska Department of Revenue now owns 89,566 shares of the real estate investment trust’s stock valued at $2,265,000 after purchasing an additional 1,643 shares during the last quarter. Pensionfund DSM Netherlands purchased a new stake in shares of Healthcare Trust Of America in the 4th quarter valued at about $2,151,000. Finally, Pensionfund Sabic purchased a new stake in shares of Healthcare Trust Of America in the 4th quarter valued at about $911,000. 95.03% of the stock is owned by institutional investors.
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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 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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