UBS Oconnor LLC Raises Position in Healthcare Trust Of America Inc (NYSE:HTA)

UBS Oconnor LLC grew its holdings in shares of Healthcare Trust Of America Inc (NYSE:HTA) by 85.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 231,300 shares of the real estate investment trust’s stock after purchasing an additional 106,300 shares during the period. UBS Oconnor LLC owned approximately 0.11% of Healthcare Trust Of America worth $6,345,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Gradient Investments LLC lifted its holdings in shares of Healthcare Trust Of America by 60.6% during the 2nd quarter. Gradient Investments LLC now owns 978 shares of the real estate investment trust’s stock valued at $27,000 after purchasing an additional 369 shares during the last quarter. Weaver Consulting Group purchased a new stake in shares of Healthcare Trust Of America during the 2nd quarter valued at $46,000. Capital Investment Advisory Services LLC lifted its holdings in shares of Healthcare Trust Of America by 32.3% during the 2nd quarter. Capital Investment Advisory Services LLC now owns 3,013 shares of the real estate investment trust’s stock valued at $82,000 after purchasing an additional 735 shares during the last quarter. Quantamental Technologies LLC purchased a new stake in shares of Healthcare Trust Of America during the 2nd quarter valued at $98,000. Finally, Liberty Wealth Management LLC purchased a new stake in shares of Healthcare Trust Of America during the 2nd quarter valued at $115,000. Hedge funds and other institutional investors own 91.33% of the company’s stock.

Shares of NYSE HTA traded up $0.15 during mid-day trading on Thursday, hitting $28.76. The stock had a trading volume of 833,481 shares, compared to its average volume of 979,521. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.41 and a current ratio of 1.41. The company has a 50 day moving average of $27.89 and a two-hundred day moving average of $28.04. Healthcare Trust Of America Inc has a twelve month low of $24.21 and a twelve month high of $29.39. The firm has a market cap of $5.87 billion, a PE ratio of 17.75, a PEG ratio of 5.21 and a beta of 0.30.

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

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 10th. Investors of record on Thursday, October 3rd will be given a $0.315 dividend. This represents a $1.26 annualized dividend and a dividend yield of 4.38%. This is an increase from Healthcare Trust Of America’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend is Wednesday, October 2nd. Healthcare Trust Of America’s dividend payout ratio is presently 76.54%.

Several analysts have recently commented on HTA shares. Citigroup started coverage on Healthcare Trust Of America in a report on Thursday, June 20th. They set a “neutral” rating and a $29.00 price objective for the company. Zacks Investment Research lowered Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Friday, July 26th. Finally, Berenberg Bank started coverage on Healthcare Trust Of America in a report on Thursday, September 12th. They set a “buy” rating and a $33.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $30.75.

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 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.

Further Reading: Diluted Earnings Per Share

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

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