Revenue Update on Healthcare Trust Of America Inc(NYSE:HTA)

Healthcare Trust Of America Inc(NYSE:HTA) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 1, 2016. Company reported revenue of $113.14M. Analysts estimated a revenue of $108.66M. Earnings per share were $0.40. Analysts had estimated an EPS of $0.41.

Healthcare Trust Of America Inc (HTA) shares turned negative on Mondays trading session with the shares closing down -0.14 points or -0.43% at a volume of 10,27,874. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $33.15. The peak price level was also seen at $33.15 while the days lowest was $32.59. Finally the shares closed at $32.63. The 52-week high of the shares is $34.56 while the 52-week low is $22.35. According to the latest information available, the market cap of the company is $4,501 M.

Several Insider Transactions has been reported to the SEC. On Jun 3, 2016, Scott D Peters (Chief Executive Officer) sold 50,000 shares at $30.26 per share price.Also, 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.

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