Healthcare Trust Of America (HTA) Hits New 12-Month Low at $27.29

Healthcare Trust Of America Inc (NYSE:HTA)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $27.29 and last traded at $27.29, with a volume of 1770300 shares changing hands. The stock had previously closed at $27.59.

Several equities analysts recently issued reports on the company. BMO Capital Markets reissued a “buy” rating and issued a $33.00 target price on shares of Healthcare Trust Of America in a research report on Tuesday, January 9th. Zacks Investment Research raised Healthcare Trust Of America from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research report on Tuesday, January 9th. Morgan Stanley raised Healthcare Trust Of America from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, December 13th. TheStreet downgraded Healthcare Trust Of America from a “b-” rating to a “c+” rating in a research report on Monday, December 11th. Finally, Mitsubishi UFJ Financial Group reissued an “overweight” rating on shares of Healthcare Trust Of America in a research report on Sunday, October 29th. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. Healthcare Trust Of America currently has an average rating of “Buy” and a consensus price target of $33.90.

The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.30 and a current ratio of 1.30. The stock has a market cap of $5,590.00, a price-to-earnings ratio of 113.96, a P/E/G ratio of 3.85 and a beta of 0.32.

Healthcare Trust Of America (NYSE:HTA) last posted its quarterly earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 EPS for the quarter, missing the 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 business had revenue of $176.00 million during the quarter, compared to analysts’ expectations of $163.62 million. During the same period in the previous year, the company posted $0.40 earnings per share. Healthcare Trust Of America’s revenue for the quarter was up 48.8% compared to the same quarter last year. equities analysts forecast that Healthcare Trust Of America Inc will post 1.65 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 9th. Shareholders of record on Tuesday, January 2nd were issued a $0.305 dividend. This represents a $1.22 annualized dividend and a yield of 4.46%. The ex-dividend date was Friday, December 29th. Healthcare Trust Of America’s payout ratio is 508.33%.

A number of large investors have recently bought and sold shares of HTA. Comerica Bank boosted its holdings in Healthcare Trust Of America by 58.0% in the second quarter. Comerica Bank now owns 9,928 shares of the real estate investment trust’s stock valued at $302,000 after purchasing an additional 3,646 shares during the last quarter. Prudential Financial Inc. boosted its holdings in Healthcare Trust Of America by 38.9% in the second quarter. Prudential Financial Inc. now owns 12,490 shares of the real estate investment trust’s stock valued at $389,000 after purchasing an additional 3,500 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Healthcare Trust Of America by 177.2% in the second quarter. Wells Fargo & Company MN now owns 472,935 shares of the real estate investment trust’s stock valued at $14,713,000 after purchasing an additional 302,296 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in Healthcare Trust Of America by 27.3% in the second quarter. Alliancebernstein L.P. now owns 198,539 shares of the real estate investment trust’s stock valued at $6,177,000 after purchasing an additional 42,622 shares during the last quarter. Finally, Stephens Inc. AR purchased a new stake in Healthcare Trust Of America in the second quarter valued at $207,000. 98.36% of the stock is currently owned by institutional investors.

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About Healthcare Trust Of America

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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