Casey Hoerth
Long only, long-term horizon, growth at reasonable price, dividend investing

Healthcare Trust Of America: Wheat From The Chaff

Healthcare Trust of America (NYSE:HTA), real estate investment trust and pure-play on the rental of medical office buildings, has been on quite a roll lately. In the first quarter, the trust saw a general trend of acceleration marked by:

  • A normalized FFO increase of 12.5% year over year. This is up from 7.5% growth last quarter
  • Same store revenue was up 2.5% year-on-year, up from around 1% or so the year before.
  • Similarly, net operating income was up 3% compared with the 1%-2% number from last year.

Much of this acceleration can be accredited to implementation of the Affordable Care Act, which brought an additional 7 million people 'into the system,' so to speak. Accelerating earnings, in this...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details