Healthcare Trust Of America (NYSE:HTA) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday.

According to Zacks, “Healthcare Trust of America, Inc. is a self-administered real estate investment trust. The Company primarily focuses on medical office buildings, healthcare-related facilities and quality commercial office properties. It also invests to a limited extent in other real estate-related assets. Its portfolio is positioned in metropolitan markets such as Atlanta, GA, Phoenix, AZ, Indianapolis, IN, Greenville, SC, Pittsburgh, PA, Albany, NY, Boston, MA and both Dallas and Houston, TX. Healthcare Trust of America, Inc. is headquartered in Scottsdale, Arizona. “

Several other equities analysts have also recently weighed in on HTA. Capital One Financial reissued an “equal weight” rating and set a $31.00 price target on shares of Healthcare Trust Of America in a report on Monday, September 25th. BMO Capital Markets reissued a “buy” rating and set a $35.00 price target on shares of Healthcare Trust Of America in a report on Monday, October 2nd. Jefferies Group reissued a “buy” rating and set a $34.00 price target on shares of Healthcare Trust Of America in a report on Tuesday, October 3rd. Mizuho reissued a “buy” rating and set a $36.00 price target on shares of Healthcare Trust Of America in a report on Wednesday, October 4th. Finally, FBR & Co set a $32.00 price target on Healthcare Trust Of America and gave the company a “hold” rating in a report on Wednesday, October 11th. Five research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $34.20.

Healthcare Trust Of America (NYSE:HTA) opened at $28.81 on Friday. The firm has a market capitalization of $5,900.00, a price-to-earnings ratio of 120.04, a PEG ratio of 4.09 and a beta of 0.32. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.30 and a current ratio of 1.30. Healthcare Trust Of America has a twelve month low of $28.61 and a twelve month high of $33.00.

Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.34). The firm had revenue of $176.00 million for the quarter, compared to the consensus estimate of $163.62 million. Healthcare Trust Of America had a net margin of 6.75% and a return on equity of 1.50%. Healthcare Trust Of America’s quarterly revenue was up 48.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.40 earnings per share. sell-side analysts predict that Healthcare Trust Of America will post 1.65 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of the company. Cetera Advisors LLC increased its stake in shares of Healthcare Trust Of America by 12.8% in the 3rd quarter. Cetera Advisors LLC now owns 21,088 shares of the real estate investment trust’s stock worth $627,000 after purchasing an additional 2,390 shares in the last quarter. Eii Capital Management Inc. purchased a new stake in shares of Healthcare Trust Of America in the 3rd quarter worth $1,344,000. Neuberger Berman Group LLC increased its stake in shares of Healthcare Trust Of America by 48.8% in the 3rd quarter. Neuberger Berman Group LLC now owns 480,626 shares of the real estate investment trust’s stock worth $14,323,000 after purchasing an additional 157,557 shares in the last quarter. California Public Employees Retirement System increased its stake in shares of Healthcare Trust Of America by 7.0% in the 3rd quarter. California Public Employees Retirement System now owns 346,946 shares of the real estate investment trust’s stock worth $10,339,000 after purchasing an additional 22,846 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of Healthcare Trust Of America by 5.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 71,469 shares of the real estate investment trust’s stock worth $2,130,000 after purchasing an additional 3,597 shares in the last quarter. Hedge funds and other institutional investors own 98.15% of the company’s stock.

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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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