CX Institutional Reduces Stock Position in Healthcare Trust of America, Inc. (NYSE:HTA)


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CX Institutional trimmed its holdings in Healthcare Trust of America, Inc. (NYSE:HTA) by 11.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,165 shares of the real estate investment trust’s stock after selling 1,221 shares during the period. CX Institutional’s holdings in Healthcare Trust of America were worth $252,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. FMR LLC raised its holdings in shares of Healthcare Trust of America by 11.3% during the 2nd quarter. FMR LLC now owns 14,187,830 shares of the real estate investment trust’s stock valued at $376,262,000 after buying an additional 1,439,572 shares during the period. Nuveen Asset Management LLC boosted its stake in shares of Healthcare Trust of America by 52.0% during the 2nd quarter. Nuveen Asset Management LLC now owns 3,331,747 shares of the real estate investment trust’s stock worth $88,357,000 after acquiring an additional 1,139,767 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Healthcare Trust of America by 72.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,174,338 shares of the real estate investment trust’s stock worth $57,664,000 after acquiring an additional 911,361 shares in the last quarter. Great West Life Assurance Co. Can boosted its stake in shares of Healthcare Trust of America by 367.8% during the 3rd quarter. Great West Life Assurance Co. Can now owns 692,377 shares of the real estate investment trust’s stock worth $4,184,000 after acquiring an additional 544,375 shares in the last quarter. Finally, NN Investment Partners Holdings N.V. bought a new stake in shares of Healthcare Trust of America during the 3rd quarter worth about $10,876,000. 92.47% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Amanda Houghton sold 32,507 shares of the stock in a transaction that occurred on Friday, November 13th. The stock was sold at an average price of $27.80, for a total value of $903,694.60. Following the completion of the transaction, the executive vice president now directly owns 91,244 shares of the company’s stock, valued at approximately $2,536,583.20. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.00% of the company’s stock.

HTA has been the subject of several recent analyst reports. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded Healthcare Trust of America from a “neutral” rating to a “buy” rating and increased their target price for the company from $28.00 to $29.00 in a research note on Tuesday, December 15th. BidaskClub downgraded Healthcare Trust of America from a “buy” rating to a “hold” rating in a research note on Tuesday, January 5th. Smith Barney Citigroup upgraded Healthcare Trust of America from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 15th. Jefferies Financial Group increased their target price on Healthcare Trust of America from $33.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. downgraded Healthcare Trust of America from an “overweight” rating to a “neutral” rating and set a $29.00 target price for the company. in a research note on Monday, December 21st. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $29.70.

Healthcare Trust of America stock opened at $28.28 on Thursday. Healthcare Trust of America, Inc. has a 12 month low of $20.61 and a 12 month high of $34.22. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.92. The business has a 50 day moving average price of $26.71 and a two-hundred day moving average price of $26.36. The stock has a market cap of $6.18 billion, a price-to-earnings ratio of 188.53 and a beta of 0.56.

Healthcare Trust of America (NYSE:HTA) last issued its earnings results on Tuesday, November 10th. The real estate investment trust reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.10). Healthcare Trust of America had a return on equity of 1.84% and a net margin of 4.67%. The company had revenue of $187.30 million during the quarter, compared to analyst estimates of $183.00 million. During the same period in the previous year, the company posted $0.42 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. On average, analysts expect that Healthcare Trust of America, Inc. will post 1.68 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 12th. Stockholders of record on Tuesday, January 5th were issued a $0.32 dividend. The ex-dividend date was Monday, January 4th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 4.53%. Healthcare Trust of America’s payout ratio is presently 78.05%.

Healthcare Trust of America Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 25.1 million square feet of GLA, with $7.4 billion invested primarily in MOBs. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.

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Institutional Ownership by Quarter for Healthcare Trust of America (NYSE:HTA)

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