Healthcare Trust Of America Inc (NYSE:HTA) Director Daniel S. Henson purchased 10,000 shares of the firm’s stock in a transaction on Friday, May 5th. The shares were purchased at an average cost of $29.74 per share, with a total value of $297,400.00. Following the completion of the transaction, the director now owns 13,741 shares of the company’s stock, valued at approximately $408,657.34. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Healthcare Trust Of America Inc (NYSE:HTA) traded up 0.29% during trading on Friday, hitting $31.51. 2,422,176 shares of the stock traded hands. The company’s 50 day moving average price is $31.40 and its 200 day moving average price is $30.04. Healthcare Trust Of America Inc has a 12 month low of $26.34 and a 12 month high of $34.64. The company has a market cap of $4.53 billion, a P/E ratio of 92.68 and a beta of 0.27.
Healthcare Trust Of America (NYSE:HTA) last posted its earnings results on Wednesday, April 26th. The real estate investment trust reported $0.41 earnings per share for the quarter, hitting the consensus estimate of $0.41. The firm had revenue of $124.30 million during the quarter, compared to analysts’ expectations of $122.79 million. Healthcare Trust Of America had a return on equity of 2.58% and a net margin of 9.01%. The firm’s revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.40 earnings per share. On average, equities research analysts anticipate that Healthcare Trust Of America Inc will post $0.39 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 11th. Investors of record on Wednesday, July 5th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.82%. The ex-dividend date is Friday, June 30th. Healthcare Trust Of America’s payout ratio is 413.81%.
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A number of large investors have recently bought and sold shares of the company. Monashee Investment Management LLC acquired a new stake in Healthcare Trust Of America during the third quarter valued at $2,283,000. Renaissance Technologies LLC boosted its stake in shares of Healthcare Trust Of America by 70.1% in the fourth quarter. Renaissance Technologies LLC now owns 984,800 shares of the real estate investment trust’s stock worth $28,668,000 after buying an additional 405,700 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of Healthcare Trust Of America by 0.9% in the third quarter. California State Teachers Retirement System now owns 290,677 shares of the real estate investment trust’s stock worth $9,482,000 after buying an additional 2,500 shares in the last quarter. FMR LLC boosted its stake in shares of Healthcare Trust Of America by 73.6% in the fourth quarter. FMR LLC now owns 1,664,009 shares of the real estate investment trust’s stock worth $48,439,000 after buying an additional 705,700 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Healthcare Trust Of America during the fourth quarter worth $37,856,000. Hedge funds and other institutional investors own 87.68% of the company’s stock.
Several 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 research report on Tuesday, February 14th. BMO Capital Markets reissued a “hold” rating and set a $33.00 price target on shares of Healthcare Trust Of America in a research report on Wednesday, April 12th. Mitsubishi UFJ Financial Group Inc reissued a “buy” rating on shares of Healthcare Trust Of America in a research report on Thursday, May 4th. Jefferies Group LLC upped their price objective on shares of Healthcare Trust Of America from $35.00 to $36.00 and gave the company a “buy” rating in a report on Monday, May 1st. Finally, Mitsubishi UFJ Financial Group restated a “buy” rating on shares of Healthcare Trust Of America in a report on Wednesday, May 3rd. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $34.29.
Healthcare Trust Of America Company Profile
Healthcare Trust of America, Inc is a real estate investment trust. The Company is an owner and operator of medical office buildings (MOBs) in the United States. The Company focuses on owning and operating MOBs that serve healthcare delivery and are located on health system campuses, near university medical centers, or in community core outpatient locations.
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