Personal Wealth Partners Reduces Stake in Healthcare Trust Of America Inc (HTA)

Personal Wealth Partners trimmed its position in Healthcare Trust Of America Inc (NYSE:HTA) by 0.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 49,802 shares of the real estate investment trust’s stock after selling 408 shares during the period. Healthcare Trust Of America accounts for approximately 0.8% of Personal Wealth Partners’ investment portfolio, making the stock its 18th biggest position. Personal Wealth Partners’ holdings in Healthcare Trust Of America were worth $1,424,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Healthcare Trust Of America by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 29,456,045 shares of the real estate investment trust’s stock worth $785,594,000 after purchasing an additional 460,446 shares during the last quarter. Vanguard Group Inc grew its stake in shares of Healthcare Trust Of America by 1.6% in the 3rd quarter. Vanguard Group Inc now owns 29,456,045 shares of the real estate investment trust’s stock valued at $785,594,000 after buying an additional 460,446 shares during the period. Victory Capital Management Inc. grew its stake in shares of Healthcare Trust Of America by 24.4% in the 4th 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 buying an additional 1,653,031 shares during the period. FMR LLC grew its stake in shares of Healthcare Trust Of America by 10.7% in the 4th quarter. FMR LLC now owns 8,107,031 shares of the real estate investment trust’s stock valued at $205,189,000 after buying an additional 780,434 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Healthcare Trust Of America by 56.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,180,784 shares of the real estate investment trust’s stock valued at $191,513,000 after buying an additional 2,603,289 shares during the period. Institutional investors own 92.80% of the company’s stock.

Several brokerages have recently commented on HTA. Jefferies Financial Group upgraded Healthcare Trust Of America from a “hold” rating to a “buy” rating and raised their target price for the company from $30.00 to $33.00 in a research note on Friday, March 29th. SunTrust Banks reduced their price target on shares of Healthcare Trust Of America to $30.00 and set a “buy” rating for the company in a research report on Wednesday, April 10th. They noted that the move was a valuation call. Morgan Stanley set a $29.00 price target on shares of Healthcare Trust Of America and gave the company a “hold” rating in a research report on Thursday, March 28th. ValuEngine lowered shares of Healthcare Trust Of America from a “buy” rating to a “hold” rating in a research report on Tuesday, December 25th. Finally, Zacks Investment Research upgraded shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research report on Wednesday, December 19th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. Healthcare Trust Of America currently has a consensus rating of “Hold” and a consensus target price of $29.86.

NYSE:HTA traded down $0.53 during midday trading on Wednesday, hitting $27.25. The company had a trading volume of 42,505 shares, compared to its average volume of 1,308,367. Healthcare Trust Of America Inc has a 52-week low of $24.06 and a 52-week high of $29.22. The firm has a market capitalization of $5.70 billion, a PE ratio of 16.78, a price-to-earnings-growth ratio of 5.23 and a beta of 0.51. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.21 and a current ratio of 1.21.

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 (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.34). The company had revenue of $172.30 million during the quarter, compared to analysts’ expectations of $172.80 million. Healthcare Trust Of America had a return on equity of 6.51% and a net margin of 30.65%. The firm’s revenue was down .8% on a year-over-year basis. During the same quarter last year, the firm posted $0.41 earnings per share. On average, sell-side analysts forecast that Healthcare Trust Of America Inc will post 1.64 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Wednesday, April 3rd were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 4.55%. The ex-dividend date of this dividend was Tuesday, April 2nd. Healthcare Trust Of America’s dividend payout ratio (DPR) is 76.54%.

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About Healthcare Trust Of America

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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