Janney Montgomery Scott LLC Buys New Stake in Healthcare Trust Of America Inc (NYSE:HTA)

Janney Montgomery Scott LLC bought a new stake in Healthcare Trust Of America Inc (NYSE:HTA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 26,353 shares of the real estate investment trust’s stock, valued at approximately $774,000.

A number of other hedge funds also recently bought and sold shares of the stock. Gradient Investments LLC raised its holdings in Healthcare Trust Of America by 60.6% in the 2nd quarter. Gradient Investments LLC now owns 978 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 369 shares during the last quarter. Weaver Consulting Group acquired a new position in Healthcare Trust Of America in the 2nd quarter valued at $46,000. Carroll Financial Associates Inc. raised its holdings in Healthcare Trust Of America by 49.5% in the 3rd quarter. Carroll Financial Associates Inc. now owns 2,259 shares of the real estate investment trust’s stock valued at $66,000 after acquiring an additional 748 shares during the last quarter. Neo Ivy Capital Management acquired a new position in Healthcare Trust Of America in the 2nd quarter valued at $74,000. Finally, Capital Investment Advisory Services LLC raised its holdings in Healthcare Trust Of America by 32.3% in 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 acquiring an additional 735 shares during the last quarter. 92.15% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have weighed in on the company. TheStreet upgraded Healthcare Trust Of America from a “c+” rating to a “b-” rating in a report on Thursday, October 17th. Berenberg Bank initiated 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. Zacks Investment Research upgraded Healthcare Trust Of America from a “sell” rating to a “hold” rating in a report on Wednesday, October 16th. BMO Capital Markets restated a “hold” rating and set a $28.00 price objective on shares of Healthcare Trust Of America in a report on Tuesday, October 29th. Finally, Cfra downgraded Healthcare Trust Of America from a “buy” rating to a “hold” rating in a report on Tuesday, October 29th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $30.75.

Shares of HTA stock traded down $0.03 on Tuesday, reaching $29.05. 229,821 shares of the stock were exchanged, compared to its average volume of 2,048,127. The stock has a market cap of $6.03 billion, a P/E ratio of 17.93, a price-to-earnings-growth ratio of 5.38 and a beta of 0.27. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.83. The firm has a 50 day moving average of $29.77 and a two-hundred day moving average of $28.41. Healthcare Trust Of America Inc has a 1-year low of $24.21 and a 1-year high of $31.57.

Healthcare Trust Of America (NYSE:HTA) last released its quarterly earnings data on Monday, October 28th. The real estate investment trust reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.36). Healthcare Trust Of America had a return on equity of 1.80% and a net margin of 5.31%. The firm had revenue of $175.00 million for the quarter, compared to analyst estimates of $174.45 million. During the same quarter in the previous year, the company earned $0.41 earnings per share. The company’s quarterly revenue was down .1% on a year-over-year basis. On average, equities research analysts predict that Healthcare Trust Of America Inc will post 1.64 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Investors of record on Thursday, January 2nd will be issued a $0.315 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.26 annualized dividend and a yield of 4.34%. Healthcare Trust Of America’s dividend payout ratio is currently 77.78%.

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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