Healthcare Trust Of America (NYSE:HTA) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Monday.

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 research analysts have also recently weighed in on the company. JPMorgan Chase & Co. upped their price target on Healthcare Trust Of America from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, August 29th. Morgan Stanley cut Healthcare Trust Of America from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $27.00 to $26.00 in a research report on Thursday, August 16th. ValuEngine raised Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Wednesday, August 15th. Jefferies Financial Group reissued a “buy” rating and set a $34.00 price objective on shares of Healthcare Trust Of America in a report on Monday, August 13th. Finally, Mitsubishi UFJ Financial Group reissued a “neutral” rating and set a $28.00 price objective (down previously from $30.00) on shares of Healthcare Trust Of America in a report on Tuesday, July 10th. Ten research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $30.83.

Shares of HTA opened at $28.08 on Monday. Healthcare Trust Of America has a twelve month low of $24.06 and a twelve month high of $31.87. The stock has a market cap of $5.93 billion, a PE ratio of 17.23, a P/E/G ratio of 4.35 and a beta of 0.22. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.81.

Healthcare Trust Of America (NYSE:HTA) last announced its quarterly earnings results on Thursday, August 2nd. 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 11.65% and a return on equity of 2.46%. The company had revenue of $173.33 million for the quarter, compared to the consensus estimate of $176.30 million. During the same quarter in the prior year, the company earned $0.39 earnings per share. The company’s quarterly revenue was up 23.9% on a year-over-year basis. sell-side analysts predict that Healthcare Trust Of America will post 1.64 earnings per share for the current fiscal year.

In other Healthcare Trust Of America news, CFO Robert A. Milligan acquired 3,800 shares of the business’s stock in a transaction dated Friday, June 8th. The stock was bought at an average price of $25.35 per share, with a total value of $96,330.00. Following the completion of the acquisition, the chief financial officer now owns 141,564 shares of the company’s stock, valued at $3,588,647.40. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.90% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently modified their holdings of HTA. Fort Washington Investment Advisors Inc. OH boosted its stake in Healthcare Trust Of America by 23.6% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 31,405 shares of the real estate investment trust’s stock worth $831,000 after buying an additional 6,000 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Healthcare Trust Of America by 15.0% in the first quarter. Wells Fargo & Company MN now owns 697,263 shares of the real estate investment trust’s stock worth $18,443,000 after buying an additional 90,850 shares in the last quarter. Rhumbline Advisers boosted its stake in Healthcare Trust Of America by 1.2% in the first quarter. Rhumbline Advisers now owns 220,593 shares of the real estate investment trust’s stock worth $5,835,000 after buying an additional 2,662 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in Healthcare Trust Of America by 9.6% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 32,285 shares of the real estate investment trust’s stock worth $854,000 after buying an additional 2,816 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its stake in Healthcare Trust Of America by 6.3% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 197,960 shares of the real estate investment trust’s stock worth $5,236,000 after buying an additional 11,701 shares in the last quarter.

About Healthcare Trust Of America

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, comprising over 24.2 million square feet of GLA, with over $7.0 billion invested primarily in medical office buildings. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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