Investment Research report

Healthcare Trust of America, Inc.

NYSE:
HTA
Previous Item
All Reports
Healthcare Trust of America, Inc.
Broken Medical Trust in America
Download Report
Healthcare Trust of America, Inc.
Download Report 2
Healthcare Trust of America, Inc.
Download Report 3
Healthcare Trust of America, Inc.
Download Report 4
Healthcare Trust of America, Inc.
Download Report 5
Healthcare Trust of America, Inc.
Download Report 6
Healthcare Trust of America, Inc.
Download Report 7

Research Overview

INDEX:
S&P 500
Sector:
Healthcare
Position:
Short
Date:
Jun 7, 2018

After conducting a forensic financial and accounting review, Spruce Point believes Healthcare Trust of America (NYSE: HTA), an owner and operator of medical office buildings, has a history of shareholder destruction and ties to bad industry players, evidence of potential manipulation of a key performance metric, and an industry outlook for medical office building REITs that is not favorable. Based on our investigation, we estimate 20% to 40% downside risk, or $15- $20 per share.

The report highlights several key concerns with the company, including:

  • Evidence to suggest potential manipulation of SPNOI
  • We have concerns about the finance and accounting function
  • We find a history of shareholder destruction and ties to bad actors
Downloads & More

Research Assets & Releases

Join The Mailing List

Spruce Point Alerts & Updates

See the other side of the Wall Street hype machine.