Timbercreek Investment Management Inc. increased its position in Healthcare Trust Of America Inc (NYSE:HTA) by 1.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 594,000 shares of the real estate investment trust’s stock after buying an additional 11,000 shares during the quarter. Healthcare Trust Of America accounts for approximately 4.3% of Timbercreek Investment Management Inc.’s investment portfolio, making the stock its 7th largest position. Timbercreek Investment Management Inc. owned approximately 0.29% of Healthcare Trust Of America worth $16,982,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in HTA. JPMorgan Chase & Co. increased its stake in shares of Healthcare Trust Of America by 56.9% in 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 buying an additional 2,603,289 shares during the period. Lasalle Investment Management Securities LLC increased its position in Healthcare Trust Of America by 1,231.9% during the 4th quarter. Lasalle Investment Management Securities LLC now owns 2,449,445 shares of the real estate investment trust’s stock valued at $61,995,000 after purchasing an additional 2,265,536 shares during the period. Norges Bank acquired a new stake in Healthcare Trust Of America during the 4th quarter valued at approximately $47,727,000. Victory Capital Management Inc. increased its position in Healthcare Trust Of America by 24.4% during 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 purchasing an additional 1,653,031 shares during the period. Finally, American Century Companies Inc. acquired a new stake in Healthcare Trust Of America during the 4th quarter valued at approximately $38,857,000. 92.80% of the stock is owned by institutional investors.

Shares of HTA traded down $0.26 during trading hours on Thursday, reaching $28.38. The stock had a trading volume of 252,611 shares, compared to its average volume of 1,352,689. Healthcare Trust Of America Inc has a 12 month low of $24.06 and a 12 month high of $29.22. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.76. The stock has a market cap of $5.80 billion, a P/E ratio of 17.52, a P/E/G ratio of 4.30 and a beta of 0.51.

Healthcare Trust Of America (NYSE:HTA) last issued its earnings results on Thursday, February 14th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.34). Healthcare Trust Of America had a return on equity of 6.51% and a net margin of 30.65%. The firm had revenue of $172.30 million during the quarter, compared to the consensus estimate of $172.80 million. During the same quarter in the prior year, the business earned $0.41 earnings per share. Healthcare Trust Of America’s revenue for the quarter was down .8% on a year-over-year basis. On average, analysts expect that Healthcare Trust Of America Inc will post 1.64 EPS 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 issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.37%. The ex-dividend date was Tuesday, April 2nd. Healthcare Trust Of America’s dividend payout ratio is currently 76.54%.

A number of research firms have weighed in on HTA. Jefferies Financial Group raised shares of Healthcare Trust Of America from a “hold” rating to a “buy” rating and increased their target price for the company from $30.00 to $33.00 in a research report on Friday, March 29th. SunTrust Banks decreased their target price on shares of Healthcare Trust Of America to $30.00 and set a “buy” rating for the company in a research report on Wednesday. They noted that the move was a valuation call. Morgan Stanley set a $29.00 price target on Healthcare Trust Of America and gave the stock a “hold” rating in a report on Thursday, March 28th. ValuEngine cut Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Tuesday, December 25th. Finally, Zacks Investment Research upgraded Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Wednesday, December 19th. One 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. The company currently has a consensus rating of “Hold” and an average price target of $29.86.

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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.

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

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