First Trust Advisors LP reduced its position in shares of Healthcare Trust of America, Inc. (NYSE:HTA) by 72.3% during the first quarter, Holdings Channel reports. The institutional investor owned 47,201 shares of the real estate investment trust’s stock after selling 123,316 shares during the period. First Trust Advisors LP’s holdings in Healthcare Trust of America were worth $1,485,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in HTA. Capital One National Association increased its stake in shares of Healthcare Trust of America by 4.4% in the first quarter. Capital One National Association now owns 44,704 shares of the real estate investment trust’s stock worth $1,406,000 after buying an additional 1,869 shares in the last quarter. Amica Mutual Insurance Co. acquired a new position in Healthcare Trust of America during the first quarter valued at approximately $3,172,000. Amica Retiree Medical Trust acquired a new position in Healthcare Trust of America during the first quarter valued at approximately $395,000. Amica Pension Fund Board of Trustees acquired a new position in Healthcare Trust of America during the first quarter valued at approximately $2,588,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in Healthcare Trust of America by 2.3% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 22,412 shares of the real estate investment trust’s stock valued at $705,000 after buying an additional 512 shares during the period. 89.53% of the stock is currently owned by institutional investors and hedge funds.

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

Healthcare Trust of America, Inc. (HTA) opened at 32.49 on Wednesday. The stock has a 50 day moving average of $31.07 and a 200 day moving average of $30.56. Healthcare Trust of America, Inc. has a one year low of $26.34 and a one year high of $34.64. The company has a market cap of $4.67 billion, a PE ratio of 95.56 and a beta of 0.32.

Healthcare Trust of America (NYSE:HTA) last released its quarterly earnings results on Wednesday, April 26th. The real estate investment trust reported $0.41 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.41. Healthcare Trust of America had a return on equity of 2.63% and a net margin of 10.38%. The company had revenue of $124.30 million for the quarter, compared to analyst estimates of $122.79 million. During the same quarter in the prior year, the firm posted $0.40 EPS. Healthcare Trust of America’s quarterly revenue was up 15.8% compared to the same quarter last year. On average, analysts anticipate that Healthcare Trust of America, Inc. will post $0.33 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 11th. Investors of record on Wednesday, July 5th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, June 30th. This represents a $1.20 annualized dividend and a yield of 3.69%. Healthcare Trust of America’s payout ratio is presently 363.64%.

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Several research analysts have commented on HTA shares. Zacks Investment Research downgraded shares of Healthcare Trust of America from a “hold” rating to a “sell” rating in a research note on Tuesday, April 25th. Jefferies Group LLC lifted their price target on shares of Healthcare Trust of America from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, May 1st. BMO Capital Markets reissued a “hold” rating and set a $33.00 price target on shares of Healthcare Trust of America in a research note on Wednesday, April 12th. Mitsubishi UFJ Financial Group reissued a “buy” rating on shares of Healthcare Trust of America in a research note on Wednesday, May 3rd. Finally, Mitsubishi UFJ Financial Group Inc reissued a “buy” rating on shares of Healthcare Trust of America in a research note on Thursday, May 4th. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $34.63.

In other Healthcare Trust of America news, Director Warren D. Fix bought 3,000 shares of Healthcare Trust of America stock in a transaction on Wednesday, May 3rd. The shares were acquired at an average price of $29.64 per share, for a total transaction of $88,920.00. Following the completion of the purchase, the director now directly owns 56,425 shares in the company, valued at approximately $1,672,437. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Scott D. Peters sold 65,000 shares of the stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $29.63, for a total value of $1,925,950.00. Following the completion of the sale, the chief executive officer now owns 460,332 shares in the company, valued at approximately $13,639,637.16. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company’s stock.

About Healthcare Trust of America

Healthcare Trust of America, Inc is a real estate investment trust. The Company is an owner and operator of medical office buildings (MOBs) in the United States. The Company focuses on owning and operating MOBs that serve healthcare delivery and are located on health system campuses, near university medical centers, or in community core outpatient locations.

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