Healthcare Trust of America (NYSE:HTA) : The consensus on Healthcare Trust of America (NYSE:HTA) based on 9 analyst recommendation on the company stock is 1.89, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Healthcare Trust of America (NYSE:HTA) : The consensus price target for Healthcare Trust of America (NYSE:HTA) is $30.21 for the short term with a standard deviation of $2.34. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $33, however, the pessimist price target for the company is $27.
For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Mitsubishi UFJ maintains its outlook on Healthcare Trust of America (NYSE:HTA). The current rating of the shares is Overweight, according to the research report released by the firm. The brokerage firm raises the price target from $31 per share to $32 per share. The rating by the firm was issued on April 26, 2016.
Healthcare Trust of America (NYSE:HTA): stock turned positive on Tuesday. Though the stock opened at $32.42, the bulls momentum made the stock top out at $32.57 level for the day. The stock recorded a low of $32.23 and closed the trading day at $32.5, in the green by 0.71%. The total traded volume for the day was 1,124,872. The stock had closed at $32.27 in the previous days trading.
In an insider trading activity, Peters Scott D, director officer (Chief Executive Officer) of Healthcare Trust Of America, Inc., unloaded 50,000 shares at an average price of $30.26 on June 1, 2016. The total amount of the transaction was worth $1,513,000, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Healthcare Trust of America, Inc. (HTA) operates as a real estate investment trust (REIT). HTA does not conduct business itself, other than acting as the sole general partner of Healthcare Trust of America Holdings, LP (HTALP). As of December 31, 2014, HTA owned a 98.5% partnership interest in HTALP. HTA owns and operates medical office buildings (MOBs) in the United States and is focused on building and maintaining a portfolio comprised of MOBs that offer healthcare services. As of December 31, 2014, HTALPs portfolio consisted of approximately 14.8 million square feet of gross leasable area (GLA), with a leased rate of 92.0%. As of December 31, 2014, 96% of HTALPs portfolio based on GLA, are primarily located on the campuses of, or aligned with, nationally and regionally recognized healthcare systems in the United States. These include health systems, such as Hospital Corporation of America, Highmark, Greenville Hospital System, and Indiana University Health, among others.