TheStreet upgraded shares of Healthcare Trust Of America (NYSE:HTA) from a c+ rating to a b rating in a research note issued to investors on Thursday morning.

Other analysts have also recently issued research reports about the company. SunTrust Banks decreased their target price on Healthcare Trust Of America from $32.00 to $30.00 and set a buy rating for the company in a report on Monday, October 29th. Jefferies Financial Group reiterated a buy rating and set a $34.00 target price on shares of Healthcare Trust Of America in a report on Monday, August 13th. Mizuho upgraded Healthcare Trust Of America from a neutral rating to a buy rating and set a $32.00 target price for the company in a report on Tuesday, November 13th. ValuEngine upgraded Healthcare Trust Of America from a hold rating to a buy rating in a report on Thursday. Finally, Morgan Stanley cut Healthcare Trust Of America from an overweight rating to an equal weight rating and decreased their target price for the stock from $27.00 to $26.00 in a report on Thursday, August 16th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of $30.40.

Shares of NYSE:HTA traded down $0.44 during trading on Thursday, reaching $28.65. 1,445,978 shares of the stock were exchanged, compared to its average volume of 1,556,848. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.33 and a current ratio of 1.33. Healthcare Trust Of America has a 12-month low of $24.06 and a 12-month high of $31.69. The stock has a market capitalization of $6.03 billion, a P/E ratio of 17.58, a PEG ratio of 4.46 and a beta of 0.22.

Healthcare Trust Of America (NYSE:HTA) last issued its earnings results on Thursday, October 25th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.41. Healthcare Trust Of America had a return on equity of 7.31% and a net margin of 34.48%. The business had revenue of $175.14 million during the quarter, compared to analysts’ expectations of $174.85 million. Analysts predict that Healthcare Trust Of America will post 1.63 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 9th. Shareholders of record on Wednesday, January 2nd will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date of this dividend is Monday, December 31st. Healthcare Trust Of America’s dividend payout ratio is presently 76.07%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HTA. Victory Capital Management Inc. purchased a new position in Healthcare Trust Of America in the 3rd quarter worth approximately $180,458,000. JPMorgan Chase & Co. boosted its stake in shares of Healthcare Trust Of America by 56.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,180,784 shares of the real estate investment trust’s stock valued at $191,513,000 after buying an additional 2,603,289 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Healthcare Trust Of America by 2,612.9% during the 2nd quarter. Millennium Management LLC now owns 2,404,489 shares of the real estate investment trust’s stock valued at $64,825,000 after buying an additional 2,315,858 shares during the last quarter. FMR LLC boosted its stake in shares of Healthcare Trust Of America by 39.9% during the 2nd quarter. FMR LLC now owns 7,255,952 shares of the real estate investment trust’s stock valued at $195,621,000 after buying an additional 2,070,452 shares during the last quarter. Finally, Long Pond Capital LP purchased a new position in shares of Healthcare Trust Of America during the 2nd quarter valued at approximately $51,274,000. Hedge funds and other institutional investors own 95.39% of the company’s stock.

About Healthcare Trust Of America

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 billion invested primarily in MOBs. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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Analyst Recommendations for Healthcare Trust Of America (NYSE:HTA)

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