Pensionfund Sabic Sells 3,000 Shares of Healthcare Trust Of America Inc (NYSE:HTA)

Pensionfund Sabic cut its stake in Healthcare Trust Of America Inc (NYSE:HTA) by 8.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,000 shares of the real estate investment trust’s stock after selling 3,000 shares during the period. Pensionfund Sabic’s holdings in Healthcare Trust Of America were worth $943,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. increased its position in Healthcare Trust Of America by 1.6% in the third quarter. Vanguard Group Inc. now owns 29,456,045 shares of the real estate investment trust’s stock worth $785,594,000 after buying an additional 460,446 shares during the period. Vanguard Group Inc increased its holdings in shares of Healthcare Trust Of America by 1.6% during the third quarter. Vanguard Group Inc now owns 29,456,045 shares of the real estate investment trust’s stock valued at $785,594,000 after purchasing an additional 460,446 shares during the period. Victory Capital Management Inc. increased its holdings in shares of Healthcare Trust Of America by 24.4% during the fourth quarter. Victory Capital Management Inc. now owns 8,419,331 shares of the real estate investment trust’s stock valued at $213,094,000 after purchasing an additional 1,653,031 shares during the period. FMR LLC increased its holdings in shares of Healthcare Trust Of America by 10.7% during the fourth quarter. FMR LLC now owns 8,107,031 shares of the real estate investment trust’s stock valued at $205,189,000 after purchasing an additional 780,434 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Healthcare Trust Of America by 56.9% during the third quarter. JPMorgan Chase & Co. now owns 7,180,784 shares of the real estate investment trust’s stock valued at $191,513,000 after purchasing an additional 2,603,289 shares during the period. 92.80% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts have recently commented on HTA shares. SunTrust Banks lowered their price target on Healthcare Trust Of America to $30.00 and set a “buy” rating on the stock in a report on Wednesday, April 10th. They noted that the move was a valuation call. Capital One Financial raised Healthcare Trust Of America from an “equal weight” rating to an “overweight” rating in a report on Friday, February 15th. ValuEngine lowered Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Tuesday, December 25th. Jefferies Financial Group raised Healthcare Trust Of America from a “hold” rating to a “buy” rating and raised their price target for the company from $30.00 to $33.00 in a report on Friday, March 29th. Finally, Morgan Stanley set a $29.00 price target on Healthcare Trust Of America and gave the company a “hold” rating in a report on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $29.86.

HTA stock traded up $0.33 during trading hours on Wednesday, hitting $27.63. 835,300 shares of the stock traded hands, compared to its average volume of 1,401,853. Healthcare Trust Of America Inc has a one year low of $24.06 and a one year high of $29.22. The stock has a market capitalization of $5.66 billion, a P/E ratio of 17.06, a P/E/G ratio of 5.08 and a beta of 0.51. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.76.

Healthcare Trust Of America (NYSE:HTA) last announced its earnings results on Thursday, February 14th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.34). Healthcare Trust Of America had a net margin of 30.65% and a return on equity of 6.51%. The firm had revenue of $172.30 million for the quarter, compared to the consensus estimate of $172.80 million. During the same period in the prior year, the business earned $0.41 EPS. The company’s quarterly revenue was down .8% compared to the same quarter last year. On average, sell-side analysts anticipate that Healthcare Trust Of America Inc will post 1.64 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Wednesday, April 3rd were paid a dividend of $0.31 per share. The ex-dividend date was Tuesday, April 2nd. This represents a $1.24 annualized dividend and a yield of 4.49%. Healthcare Trust Of America’s dividend payout ratio is currently 76.54%.

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Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 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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