Healthcare Trust of America (NYSE:HTA) issued its quarterly earnings results on Sunday. The real estate investment trust reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.43 by ($0.30), MarketWatch Earnings reports. Healthcare Trust of America had a return on equity of 1.84% and a net margin of 4.67%. The company had revenue of $187.02 million during the quarter, compared to the consensus estimate of $187.10 million. During the same quarter in the previous year, the business posted $0.42 EPS. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis.
Shares of HTA stock traded up $0.72 during mid-day trading on Tuesday, reaching $28.44. 79,572 shares of the stock traded hands, compared to its average volume of 1,736,107. The stock’s fifty day simple moving average is $28.18 and its two-hundred day simple moving average is $26.75. Healthcare Trust of America has a 1-year low of $20.61 and a 1-year high of $34.22. The company has a market cap of $6.22 billion, a price-to-earnings ratio of 184.80 and a beta of 0.58. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.92.
A number of research analysts recently commented on HTA shares. Scotiabank started coverage on Healthcare Trust of America in a research report on Thursday, January 28th. They issued a “sector perform” rating and a $30.00 price target on the stock. Zacks Investment Research lowered Healthcare Trust of America from a “buy” rating to a “hold” rating in a research note on Tuesday, February 2nd. Jefferies Financial Group raised their price objective on Healthcare Trust of America from $33.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, January 13th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell raised Healthcare Trust of America from a “neutral” rating to a “buy” rating and raised their price objective for the company from $28.00 to $29.00 in a research note on Tuesday, December 15th. Finally, Smith Barney Citigroup raised Healthcare Trust of America from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 15th. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Healthcare Trust of America currently has a consensus rating of “Buy” and a consensus price target of $29.92.
Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 25.1 million square feet of GLA, with $7.4 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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