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

Personal Wealth Partners lowered its stake in Healthcare Trust Of America Inc (NYSE:HTA) by 0.8% during the 1st quarter, Holdings Channel reports. The firm owned 49,802 shares of the real estate investment trust’s stock after selling 408 shares during the period. Healthcare Trust Of America comprises 0.8% of Personal Wealth Partners’ holdings, making the stock its 18th largest position. Personal Wealth Partners’ holdings in Healthcare Trust Of America were worth $1,424,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC raised its position in Healthcare Trust Of America by 79.1% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 1,060 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 468 shares during the period. ERTS Wealth Advisors LLC bought a new stake in shares of Healthcare Trust Of America during the 4th quarter valued at $30,000. Capital Investment Advisory Services LLC bought a new stake in shares of Healthcare Trust Of America during the 4th quarter valued at $67,000. PNC Financial Services Group Inc. raised its position in shares of Healthcare Trust Of America by 26.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,646 shares of the real estate investment trust’s stock valued at $93,000 after purchasing an additional 772 shares during the period. Finally, Ffcm LLC raised its position in shares of Healthcare Trust Of America by 141.0% during the 4th quarter. Ffcm LLC now owns 4,056 shares of the real estate investment trust’s stock valued at $103,000 after purchasing an additional 2,373 shares during the period. Institutional investors and hedge funds own 92.80% of the company’s stock.

HTA traded down $0.53 during trading on Wednesday, hitting $27.25. 42,505 shares of the company traded hands, compared to its average volume of 1,308,367. The stock has a market capitalization of $5.70 billion, a price-to-earnings ratio of 16.78, a PEG ratio of 5.23 and a beta of 0.51. Healthcare Trust Of America Inc has a 1 year low of $24.06 and a 1 year high of $29.22. 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 posted 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). The company had revenue of $172.30 million for the quarter, compared to analysts’ expectations of $172.80 million. Healthcare Trust Of America had a net margin of 30.65% and a return on equity of 6.51%. The business’s revenue was down .8% on a year-over-year basis. During the same period in the previous year, the business posted $0.41 earnings per share. On average, equities research analysts forecast that Healthcare Trust Of America Inc will post 1.64 earnings per share for the current year.

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 4.55%. Healthcare Trust Of America’s dividend payout ratio is presently 76.54%.

Several brokerages have recently commented on HTA. Jefferies Financial Group upgraded shares of Healthcare Trust Of America from a “hold” rating to a “buy” rating and raised their price objective for the company from $30.00 to $33.00 in a research report on Friday, March 29th. SunTrust Banks decreased their price objective on shares of Healthcare Trust Of America to $30.00 and set a “buy” rating on the stock in a research report on Wednesday, April 10th. They noted that the move was a valuation call. Morgan Stanley set a $29.00 price objective on shares of Healthcare Trust Of America and gave the company a “hold” rating in a research report on Thursday, March 28th. ValuEngine downgraded 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 investment 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. The stock currently has a consensus rating of “Hold” and a consensus target price of $29.86.

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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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