Healthcare Trust of America Target of Unusually High Options Trading (NYSE:HTA)

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Healthcare Trust of America, Inc. (NYSE:HTA) saw unusually large options trading on Thursday. Stock traders acquired 43,375 call options on the stock. This represents an increase of 1,570% compared to the average volume of 2,597 call options.

Shares of HTA opened at $33.79 on Friday. Healthcare Trust of America has a 52-week low of $25.84 and a 52-week high of $34.83. The business’s 50 day moving average price is $33.01 and its two-hundred day moving average price is $30.24. The firm has a market cap of $7.46 billion, a PE ratio of 67.58 and a beta of 0.65.

Healthcare Trust of America (NYSE:HTA) last issued its quarterly earnings results on Friday, November 5th. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.34). Healthcare Trust of America had a net margin of 14.47% and a return on equity of 3.43%. The business had revenue of $191.30 million during the quarter, compared to analyst estimates of $191.59 million. During the same period last year, the firm posted $0.43 earnings per share. Healthcare Trust of America’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, equities research analysts expect that Healthcare Trust of America will post 1.77 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 11th. Shareholders of record on Tuesday, January 4th will be paid a $0.325 dividend. This represents a $1.30 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend is Monday, January 3rd. Healthcare Trust of America’s dividend payout ratio (DPR) is presently 260.00%.

Several analysts have recently weighed in on HTA shares. Stifel Nicolaus boosted their price target on Healthcare Trust of America from $32.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, October 12th. Truist cut Healthcare Trust of America from a “buy” rating to a “hold” rating and set a $31.00 price target on the stock. in a report on Thursday, September 30th. Raymond James cut Healthcare Trust of America from an “outperform” rating to a “market perform” rating in a report on Friday, August 20th. Truist Securities cut Healthcare Trust of America from a “buy” rating to a “hold” rating and set a $31.00 price target on the stock. in a report on Thursday, September 30th. Finally, TheStreet raised Healthcare Trust of America from a “c+” rating to a “b-” rating in a research note on Monday, September 27th. Eleven analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $32.33.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Healthcare Trust of America by 0.6% in the second quarter. Vanguard Group Inc. now owns 31,306,824 shares of the real estate investment trust’s stock valued at $835,892,000 after buying an additional 176,199 shares during the period. Cohen & Steers Inc. raised its position in shares of Healthcare Trust of America by 15.9% during the third quarter. Cohen & Steers Inc. now owns 25,611,473 shares of the real estate investment trust’s stock worth $759,761,000 after purchasing an additional 3,521,615 shares during the period. Principal Financial Group Inc. raised its position in shares of Healthcare Trust of America by 2.8% during the second quarter. Principal Financial Group Inc. now owns 16,262,830 shares of the real estate investment trust’s stock worth $434,218,000 after purchasing an additional 445,634 shares during the period. APG Asset Management US Inc. raised its position in shares of Healthcare Trust of America by 2.4% during the second quarter. APG Asset Management US Inc. now owns 11,630,500 shares of the real estate investment trust’s stock worth $312,628,000 after purchasing an additional 274,200 shares during the period. Finally, State Street Corp raised its position in shares of Healthcare Trust of America by 6.9% during the second quarter. State Street Corp now owns 7,616,730 shares of the real estate investment trust’s stock worth $205,765,000 after purchasing an additional 492,258 shares during the period. 94.78% of the stock is currently owned by hedge funds and other institutional investors.

About Healthcare Trust of America

Healthcare Trust of America, Inc operates as a real estate investment trust. It owns, operates and invests medical office buildings. The firm provides real estate infrastructure for the integrated delivery of healthcare services in desirable locations. The company was founded by Scott D. Peters on April 20, 2006 and is headquartered in Scottsdale, AZ.

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