Brokerages Anticipate Healthcare Trust Of America Inc (NYSE:HTA) to Post $0.42 Earnings Per Share

Equities analysts forecast that Healthcare Trust Of America Inc (NYSE:HTA) will report earnings per share of $0.42 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have issued estimates for Healthcare Trust Of America’s earnings, with estimates ranging from $0.41 to $0.42. Healthcare Trust Of America also reported earnings per share of $0.42 during the same quarter last year. The business is expected to issue its next quarterly earnings results on Monday, October 26th.

On average, analysts expect that Healthcare Trust Of America will report full year earnings of $1.68 per share for the current financial year, with EPS estimates ranging from $1.66 to $1.69. For the next year, analysts expect that the company will post earnings of $1.71 per share, with EPS estimates ranging from $1.68 to $1.73. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Healthcare Trust Of America.

Healthcare Trust Of America (NYSE:HTA) last announced its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.06 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.35). Healthcare Trust Of America had a net margin of 4.45% and a return on equity of 1.60%. The firm had revenue of $178.85 million during the quarter, compared to analyst estimates of $185.45 million. During the same quarter in the previous year, the business earned $0.40 EPS. Healthcare Trust Of America’s revenue for the quarter was up 4.1% on a year-over-year basis.

Several research firms have issued reports on HTA. Citigroup increased their price objective on Healthcare Trust Of America from $25.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, July 2nd. Zacks Investment Research downgraded shares of Healthcare Trust Of America from a “hold” rating to a “sell” rating in a report on Thursday, June 25th. Raymond James raised shares of Healthcare Trust Of America from a “market perform” rating to an “outperform” rating and set a $29.00 price objective on the stock in a report on Monday, August 31st. ValuEngine cut shares of Healthcare Trust Of America from a “hold” rating to a “sell” rating in a report on Thursday, July 2nd. Finally, Stifel Nicolaus reissued a “buy” rating and set a $32.00 price target on shares of Healthcare Trust Of America in a research note on Tuesday, September 1st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $30.00.

Several large investors have recently made changes to their positions in the company. First Trust Advisors LP boosted its stake in Healthcare Trust Of America by 283.8% in the 1st quarter. First Trust Advisors LP now owns 214,029 shares of the real estate investment trust’s stock worth $6,119,000 after buying an additional 158,259 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Healthcare Trust Of America by 41.2% during the first quarter. PNC Financial Services Group Inc. now owns 5,321 shares of the real estate investment trust’s stock worth $130,000 after purchasing an additional 1,552 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in shares of Healthcare Trust Of America by 19.7% in the 1st quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 52,950 shares of the real estate investment trust’s stock valued at $1,286,000 after purchasing an additional 8,716 shares during the last quarter. State Street Corp grew its stake in shares of Healthcare Trust Of America by 3.6% during the 1st quarter. State Street Corp now owns 5,783,225 shares of the real estate investment trust’s stock valued at $140,417,000 after buying an additional 203,475 shares during the period. Finally, California Public Employees Retirement System raised its position in shares of Healthcare Trust Of America by 7.5% in the 1st quarter. California Public Employees Retirement System now owns 474,910 shares of the real estate investment trust’s stock worth $11,531,000 after buying an additional 33,200 shares during the period. 98.84% of the stock is owned by institutional investors and hedge funds.

Shares of HTA traded up $0.35 during mid-day trading on Friday, hitting $26.35. The company’s stock had a trading volume of 2,005,075 shares, compared to its average volume of 1,927,684. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.84. Healthcare Trust Of America has a 1-year low of $20.61 and a 1-year high of $34.22. The firm has a market capitalization of $5.68 billion, a P/E ratio of 185.71 and a beta of 0.54. The firm has a 50-day simple moving average of $25.93 and a 200 day simple moving average of $25.83.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, October 2nd will be issued a $0.32 dividend. The ex-dividend date is Thursday, October 1st. This is an increase from Healthcare Trust Of America’s previous quarterly dividend of $0.32. This represents a $1.28 annualized dividend and a yield of 4.86%. Healthcare Trust Of America’s payout ratio is 76.83%.

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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Earnings History and Estimates for Healthcare Trust Of America (NYSE:HTA)

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