FY2017 EPS Estimates for Healthcare Trust of America, Inc. (HTA) Lifted by Jefferies Group

Healthcare Trust of America, Inc. (NYSE:HTA) – Equities researchers at Jefferies Group increased their FY2017 EPS estimates for Healthcare Trust of America in a research note issued on Monday. Jefferies Group analyst O. Okusanya now anticipates that the real estate investment trust will earn $1.65 per share for the year, up from their previous forecast of $1.62. Jefferies Group currently has a “Buy” rating and a $34.00 target price on the stock. Jefferies Group also issued estimates for Healthcare Trust of America’s Q4 2017 earnings at $0.42 EPS and FY2018 earnings at $1.74 EPS.

Several other research firms have also recently weighed in on HTA. TheStreet upgraded shares of Healthcare Trust of America from a “c” rating to a “b-” rating in a research note on Tuesday, October 24th. Zacks Investment Research raised shares of Healthcare Trust of America from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Mizuho reissued a “buy” rating and issued a $36.00 price target on shares of Healthcare Trust of America in a research report on Wednesday, October 4th. Capital One Financial Corporation reissued an “equal weight” rating and issued a $31.00 price target on shares of Healthcare Trust of America in a research report on Monday, September 25th. Finally, BidaskClub lowered shares of Healthcare Trust of America from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $34.20.

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Shares of Healthcare Trust of America (NYSE:HTA) opened at $30.75 on Tuesday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.30 and a quick ratio of 1.30. Healthcare Trust of America has a one year low of $27.18 and a one year high of $33.00. The firm has a market cap of $6,265.41, a PE ratio of 18.65, a P/E/G ratio of 4.65 and a beta of 0.31.

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 Thomson Reuters’ consensus estimate of $0.41 by ($0.34). Healthcare Trust of America had a net margin of 6.75% and a return on equity of 1.50%. The company had revenue of $176.00 million during the quarter, compared to the consensus estimate of $163.62 million. During the same quarter in the previous year, the business posted $0.40 EPS. The firm’s quarterly revenue was up 48.8% on a year-over-year basis.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 9th. Stockholders of record on Tuesday, January 2nd will be issued a dividend of $0.305 per share. This represents a $1.22 annualized dividend and a dividend yield of 3.97%. The ex-dividend date of this dividend is Friday, December 29th. Healthcare Trust of America’s payout ratio is 508.35%.

Hedge funds and other institutional investors have recently bought and sold shares of the company. V Wealth Management LLC acquired a new stake in shares of Healthcare Trust of America during the second quarter worth approximately $101,000. First Mercantile Trust Co. acquired a new stake in shares of Healthcare Trust of America during the second quarter worth approximately $132,000. US Bancorp DE increased its holdings in shares of 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 in the last quarter. Public Employees Retirement Association of Colorado increased its holdings in shares of 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 in the last quarter. Finally, Stephens Inc. AR acquired a new stake in shares of Healthcare Trust of America during the second quarter worth approximately $207,000. 97.88% of the stock is 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.

Earnings History and Estimates for Healthcare Trust of America (NYSE:HTA)

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