Securian Asset Management Inc Decreases Stake in Healthcare Trust Of America Inc (NYSE:HTA)

Securian Asset Management Inc lessened its stake in Healthcare Trust Of America Inc (NYSE:HTA) by 6.2% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 545,929 shares of the real estate investment trust’s stock after selling 36,200 shares during the quarter. Securian Asset Management Inc’s holdings in Healthcare Trust Of America were worth $14,975,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in HTA. FMR LLC raised its position in shares of Healthcare Trust Of America by 20.9% during the 1st quarter. FMR LLC now owns 9,802,745 shares of the real estate investment trust’s stock worth $280,261,000 after acquiring an additional 1,695,714 shares in the last quarter. Fox Run Management L.L.C. acquired a new stake in shares of Healthcare Trust Of America during the 2nd quarter worth about $212,000. Dean Investment Associates LLC raised its position in shares of Healthcare Trust Of America by 4.2% during the 1st quarter. Dean Investment Associates LLC now owns 36,390 shares of the real estate investment trust’s stock worth $1,040,000 after acquiring an additional 1,455 shares in the last quarter. State of Alaska Department of Revenue raised its position in shares of Healthcare Trust Of America by 12.4% during the 2nd quarter. State of Alaska Department of Revenue now owns 105,543 shares of the real estate investment trust’s stock worth $2,894,000 after acquiring an additional 11,680 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Healthcare Trust Of America by 7.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 91,466 shares of the real estate investment trust’s stock worth $2,509,000 after acquiring an additional 6,614 shares in the last quarter. Institutional investors and hedge funds own 88.52% of the company’s stock.

Several brokerages have recently weighed in on HTA. Zacks Investment Research lowered Healthcare Trust Of America from a “buy” rating to a “hold” rating in a research report on Friday, July 26th. Raymond James raised Healthcare Trust Of America from a “market perform” rating to an “outperform” rating in a research report on Monday, May 13th. Finally, Citigroup began coverage on Healthcare Trust Of America in a research report on Thursday, June 20th. They set a “neutral” rating and a $29.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $30.25.

HTA traded down $0.07 during trading on Tuesday, hitting $28.14. 17,970 shares of the stock were exchanged, compared to its average volume of 1,305,928. The firm has a market capitalization of $5.77 billion, a P/E ratio of 17.39, a PEG ratio of 5.20 and a beta of 0.33. Healthcare Trust Of America Inc has a 1-year low of $24.21 and a 1-year high of $29.39. The stock has a fifty day moving average price of $27.48 and a two-hundred day moving average price of $28.08. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.79.

Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings results on Tuesday, July 23rd. The real estate investment trust reported $0.08 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.33). The firm had revenue of $171.80 million for the quarter, compared to analyst estimates of $171.38 million. Healthcare Trust Of America had a return on equity of 6.73% and a net margin of 31.68%. The company’s quarterly revenue was down .9% on a year-over-year basis. During the same period last year, the firm earned $0.41 EPS. Analysts predict that Healthcare Trust Of America Inc will post 1.64 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 10th. Shareholders of record on Thursday, October 3rd will be given a dividend of $0.315 per share. This is a positive change from Healthcare Trust Of America’s previous quarterly dividend of $0.31. The ex-dividend date is Wednesday, October 2nd. This represents a $1.26 annualized dividend and a yield of 4.48%. Healthcare Trust Of America’s payout ratio is 76.54%.

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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