Healthcare Trust Of America Inc (NYSE:HTA) – Equities research analysts at Capital One Financial lowered their Q1 2019 EPS estimates for Healthcare Trust Of America in a report released on Tuesday, October 30th, Zacks Investment Research reports. Capital One Financial analyst D. Bernstein now expects that the real estate investment trust will post earnings of $0.41 per share for the quarter, down from their prior forecast of $0.42. Capital One Financial also issued estimates for Healthcare Trust Of America’s Q2 2019 earnings at $0.42 EPS, Q3 2019 earnings at $0.42 EPS, Q4 2019 earnings at $0.43 EPS and FY2019 earnings at $1.68 EPS.
Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings data on Thursday, October 25th. The real estate investment trust reported $0.41 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.41. The business had revenue of $175.14 million during the quarter, compared to analysts’ expectations of $174.85 million. Healthcare Trust Of America had a net margin of 34.48% and a return on equity of 7.31%.
A number of other equities analysts have also recently issued reports on HTA. 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. ValuEngine upgraded Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Wednesday, August 15th. Morgan Stanley cut Healthcare Trust Of America from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $27.00 to $26.00 in a report on Thursday, August 16th. Zacks Investment Research upgraded shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research note on Tuesday, August 21st. Finally, JPMorgan Chase & Co. increased their price objective on shares of Healthcare Trust Of America from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 29th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $30.40.
HTA stock traded up $0.14 during trading hours on Wednesday, reaching $27.32. 1,924,769 shares of the stock were exchanged, compared to its average volume of 1,880,736. The stock has a market cap of $5.63 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 4.17 and a beta of 0.15. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.76. Healthcare Trust Of America has a 12 month low of $24.06 and a 12 month high of $31.69.
Institutional investors have recently bought and sold shares of the company. Legacy Advisors LLC acquired a new position in shares of Healthcare Trust Of America during the 2nd quarter worth about $108,000. JNBA Financial Advisors acquired a new stake in Healthcare Trust Of America in the 3rd quarter valued at about $143,000. Northwest Wealth Management LLC acquired a new stake in Healthcare Trust Of America in the 2nd quarter valued at about $155,000. Qube Research & Technologies Ltd acquired a new stake in Healthcare Trust Of America in the 2nd quarter valued at about $191,000. Finally, First Hawaiian Bank acquired a new stake in Healthcare Trust Of America in the 3rd quarter valued at about $190,000.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 9th. Stockholders of record on Wednesday, January 2nd will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Monday, December 31st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.54%. Healthcare Trust Of America’s dividend payout ratio is 76.07%.
Healthcare Trust Of America Company Profile
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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