Healthcare Trust of America (NYSE:HTA – Get Rating) was downgraded by equities research analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued on Monday.
A number of other analysts also recently commented on HTA. Berenberg Bank upgraded Healthcare Trust of America from a "hold" rating to a "buy" rating and lowered their target price for the stock from $37.00 to $34.00 in a research note on Tuesday, May 10th. Truist Financial lowered their price target on Healthcare Trust of America from $31.00 to $28.00 in a research report on Monday, July 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $33.00.
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Healthcare Trust of America Trading Down 0.0 %
Shares of NYSE:HTA opened at $29.21 on Monday. The business's 50-day moving average is $28.83 and its 200 day moving average is $30.43. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.20 and a quick ratio of 2.20. The firm has a market capitalization of $6.69 billion, a P/E ratio of 69.55 and a beta of 0.63. Healthcare Trust of America has a 1 year low of $26.52 and a 1 year high of $34.83.
Institutional Investors Weigh In On Healthcare Trust of America
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Clean Yield Group increased its holdings in shares of Healthcare Trust of America by 8.2% in the second quarter. Clean Yield Group now owns 152,607 shares of the real estate investment trust's stock valued at $4,259,000 after purchasing an additional 11,598 shares during the last quarter. ACG Wealth acquired a new stake in shares of Healthcare Trust of America in the second quarter valued at approximately $28,000. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Healthcare Trust of America by 3.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 190,301 shares of the real estate investment trust's stock valued at $5,311,000 after purchasing an additional 7,022 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of Healthcare Trust of America by 10.7% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 27,845 shares of the real estate investment trust's stock valued at $777,000 after purchasing an additional 2,700 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its holdings in shares of Healthcare Trust of America by 6.3% in the first quarter. J.W. Cole Advisors Inc. now owns 34,001 shares of the real estate investment trust's stock valued at $1,066,000 after purchasing an additional 2,009 shares during the last quarter.
Healthcare Trust of America Company Profile
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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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