Zacks Investment Research downgraded shares of Healthcare Trust Of America (NYSE:HTA) from a hold rating to a sell rating in a research report sent to investors on Tuesday.

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. “

HTA has been the topic of several other research reports. Jefferies Financial Group restated a buy rating and set a $34.00 price target on shares of Healthcare Trust Of America in a research report on Monday, August 13th. Mitsubishi UFJ Financial Group restated a neutral rating and set a $28.00 price target (down previously from $30.00) on shares of Healthcare Trust Of America in a research report on Tuesday, July 10th. ValuEngine upgraded shares of Healthcare Trust Of America from a strong sell rating to a sell rating in a research report on Tuesday, June 26th. JPMorgan Chase & Co. raised their price target on shares of 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. Finally, Morgan Stanley lowered shares of Healthcare Trust Of America from an overweight rating to an equal weight rating and dropped their price target for the company from $27.00 to $26.00 in a research report on Thursday, August 16th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. Healthcare Trust Of America currently has a consensus rating of Hold and a consensus target price of $30.70.

Shares of Healthcare Trust Of America stock opened at $25.93 on Tuesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.41 and a quick ratio of 1.41. Healthcare Trust Of America has a 1 year low of $24.06 and a 1 year high of $31.69. The firm has a market cap of $5.35 billion, a P/E ratio of 15.53, a price-to-earnings-growth ratio of 3.92 and a beta of 0.22.

Healthcare Trust Of America (NYSE:HTA) last issued its earnings results on Thursday, August 2nd. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.34). Healthcare Trust Of America had a return on equity of 2.46% and a net margin of 11.65%. The business had revenue of $173.33 million for the quarter, compared to analysts’ expectations of $176.30 million. During the same period last year, the business earned $0.39 EPS. The company’s revenue for the quarter was up 23.9% on a year-over-year basis. As a group, equities analysts anticipate that Healthcare Trust Of America will post 1.64 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 4.78%. The ex-dividend date of this dividend was Monday, October 1st. This is a positive change from Healthcare Trust Of America’s previous quarterly dividend of $0.31. Healthcare Trust Of America’s dividend payout ratio (DPR) is currently 76.07%.

A number of hedge funds have recently added to or reduced their stakes in HTA. Centaurus Financial Inc. acquired a new stake in shares of Healthcare Trust Of America in the second quarter valued at about $279,000. Ausdal Financial Partners Inc. grew its position in shares of Healthcare Trust Of America by 17.3% in the second quarter. Ausdal Financial Partners Inc. now owns 34,972 shares of the real estate investment trust’s stock valued at $943,000 after purchasing an additional 5,154 shares during the period. Segall Bryant & Hamill LLC grew its position in shares of Healthcare Trust Of America by 66.8% in the second quarter. Segall Bryant & Hamill LLC now owns 251,813 shares of the real estate investment trust’s stock valued at $6,789,000 after purchasing an additional 100,859 shares during the period. Long Pond Capital LP acquired a new stake in shares of Healthcare Trust Of America in the second quarter valued at about $51,274,000. Finally, RMR Advisors LLC grew its position in shares of Healthcare Trust Of America by 71.4% in the second quarter. RMR Advisors LLC now owns 48,000 shares of the real estate investment trust’s stock valued at $1,294,000 after purchasing an additional 20,000 shares during the period.

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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