Healthcare Trust of America, Inc. (HTA) Declares Quarterly Dividend of $0.30
Healthcare Trust of America, Inc. (NYSE:HTA) announced a quarterly dividend on Thursday, February 16th. Investors of record on Monday, April 3rd will be paid a dividend of 0.30 per share by the real estate investment trust on Tuesday, April 11th. This represents a $1.20 annualized dividend and a dividend yield of 3.91%. The ex-dividend date is Thursday, March 30th.
Shares of Healthcare Trust of America (NYSE:HTA) opened at 30.67 on Friday. The company’s 50 day moving average price is $29.49 and its 200 day moving average price is $30.65. The stock has a market capitalization of $4.35 billion, a price-to-earnings ratio of 106.12 and a beta of 0.27. Healthcare Trust of America has a one year low of $26.34 and a one year high of $34.64.
Healthcare Trust of America (NYSE:HTA) last released its earnings results on Wednesday, February 15th. The real estate investment trust reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.33. Healthcare Trust of America had a net margin of 9.01% and a return on equity of 2.58%. The firm earned $119.20 million during the quarter. On average, analysts expect that Healthcare Trust of America will post $0.29 earnings per share for the current fiscal year.
A number of analysts have commented on the stock. Zacks Investment Research raised shares of Healthcare Trust of America from a “sell” rating to a “hold” rating in a report on Tuesday. Mizuho raised shares of Healthcare Trust of America from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $29.00 to $32.00 in a report on Wednesday, January 4th. Jefferies Group LLC assumed coverage on shares of Healthcare Trust of America in a report on Friday, December 16th. They set a “buy” rating and a $33.00 target price for the company. Finally, Raymond James Financial, Inc. raised shares of Healthcare Trust of America from a “market perform” rating to an “outperform” rating and set a $33.00 target price for the company in a report on Monday, November 7th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Healthcare Trust of America has an average rating of “Buy” and a consensus price target of $32.89.
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In other news, EVP Mark David Engstrom sold 17,500 shares of the business’s stock in a transaction on Friday, December 30th. The shares were sold at an average price of $28.96, for a total value of $506,800.00. Following the completion of the transaction, the executive vice president now owns 112,162 shares of the company’s stock, valued at approximately $3,248,211.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Amanda Houghton sold 13,000 shares of the business’s stock in a transaction on Thursday, December 29th. The shares were sold at an average price of $28.65, for a total transaction of $372,450.00. Following the completion of the transaction, the executive vice president now directly owns 66,208 shares of the company’s stock, valued at approximately $1,896,859.20. The disclosure for this sale can be found here. 1.50% of the stock is owned by insiders.
Healthcare Trust of America Company Profile
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.
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