Stock analysts at StockNews.com assumed coverage on shares of Healthcare Trust of America (NYSE:HTA – Get Rating) in a research report issued to clients and investors on Sunday. The brokerage set a "sell" rating on the real estate investment trust's stock.
Other analysts also recently issued reports about the company. Berenberg Bank raised Healthcare Trust of America from a "hold" rating to a "buy" rating and decreased their target price for the stock from $37.00 to $34.00 in a research report on Tuesday, May 10th. Truist Financial decreased their target price on Healthcare Trust of America from $31.00 to $28.00 in a research report on Monday, July 11th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $32.75.
Get Healthcare Trust of America alerts:Healthcare Trust of America Stock Performance
The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.93. The stock's 50 day simple moving average is $28.85 and its two-hundred day simple moving average is $30.33. Healthcare Trust of America has a fifty-two week low of $26.52 and a fifty-two week high of $34.83. The company has a market capitalization of $6.69 billion, a price-to-earnings ratio of 69.50 and a beta of 0.63.
Institutional Investors Weigh In On Healthcare Trust of America
Hedge funds have recently added to or reduced their stakes in the company. GW&K Investment Management LLC bought a new stake in shares of Healthcare Trust of America in the 1st quarter valued at about $29,000. ACG Wealth bought a new stake in shares of Healthcare Trust of America in the 2nd quarter valued at about $28,000. Covestor Ltd bought a new stake in shares of Healthcare Trust of America in the 4th quarter valued at about $36,000. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Healthcare Trust of America in the 1st quarter valued at about $38,000. Finally, Citizens National Bank Trust Department bought a new stake in shares of Healthcare Trust of America in the 4th quarter valued at about $52,000.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.
Further Reading
- Get a free copy of the StockNews.com research report on Healthcare Trust of America (HTA)
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