Healthcare Trust of America Inc. (HTA) Sees Strong Trading Volume
Shares of Healthcare Trust of America Inc. (NYSE:HTA) saw an uptick in trading volume on Wednesday . 692,818 shares were traded during trading, an increase of 6% from the previous session’s volume of 655,209 shares.The stock last traded at $33.31 and had previously closed at $33.57.
A number of research firms recently commented on HTA. BTIG Research began coverage on shares of Healthcare Trust of America in a report on Thursday, August 25th. They set a “buy” rating and a $37.00 price target for the company. Zacks Investment Research raised shares of Healthcare Trust of America from a “sell” rating to a “hold” rating in a research report on Friday, August 19th. Mizuho reduced their price objective on shares of Healthcare Trust of America from $34.00 to $28.00 and set a “neutral” rating on the stock in a research report on Monday, August 8th. Wunderlich boosted their price objective on shares of Healthcare Trust of America from $28.50 to $31.00 and gave the company a “hold” rating in a research report on Wednesday, August 3rd. Finally, Oppenheimer Holdings Inc. boosted their price objective on shares of Healthcare Trust of America from $37.00 to $38.00 and gave the company an “outperform” rating in a research report on Tuesday, August 2nd. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Healthcare Trust of America presently has an average rating of “Buy” and an average price target of $31.10.
The firm has a market cap of $4.65 billion and a PE ratio of 112.09. The firm has a 50 day moving average price of $33.17 and a 200-day moving average price of $30.58.
Healthcare Trust of America (NYSE:HTA) last issued its quarterly earnings results on Monday, August 1st. The real estate investment trust reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by $0.01. During the same period in the previous year, the company posted $0.38 EPS. The company earned $113 million during the quarter, compared to the consensus estimate of $108.61 million. The firm’s revenue was up 14.0% compared to the same quarter last year. On average, analysts anticipate that Healthcare Trust of America Inc. will post $1.62 earnings per share for the current fiscal year.
Healthcare Trust of America, Inc (HTA) operates as a real estate investment trust (REIT). The Company operates through investing in healthcare real estate assets segment. The primary objective is to generate stockholder value through consistent and growing dividends and appreciation of real estate value.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.