Healthcare Trust Of America Inc (HTA) reported quarterly earnings results on Monday, Aug-1-2016. The company reported $0.38 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $0.41. The company posted revenue of $113.20 million in the period, compared to analysts expectations of $108.48 million. The company’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
Healthcare Trust Of America Inc opened for trading at $33.5 and hit $34.07 on the upside on Friday, eventually ending the session at $34.05, with a gain of 1.64% or 0.55 points. The heightened volatility saw the trading volume jump to 10,64,799 shares. Company has a market cap of $4,652 M.
In a different news, on Jun 3, 2016, Scott D Peters (Chief Executive Officer) sold 50,000 shares at $30.26 per share price. According to the SEC, on Sep 15, 2015, W Bradley Ii Blair (director) purchased 4,000 shares at $22.67 per share price.
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 HTALP’s 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 HTALP’s 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.