NGAM Advisors L.P. bought a new stake in shares of Healthcare Trust of America, Inc. (NYSE:HTA) during the second quarter, Holdings Channel reports. The institutional investor bought 100,410 shares of the real estate investment trust’s stock, valued at approximately $3,124,000.

Several other large investors also recently made changes to their positions in the stock. V Wealth Management LLC bought a new stake in shares of Healthcare Trust of America during the second quarter valued at approximately $101,000. US Bancorp DE increased its stake in shares of Healthcare Trust of America by 1,142.9% in the second quarter. US Bancorp DE now owns 4,350 shares of the real estate investment trust’s stock valued at $135,000 after buying an additional 4,000 shares in the last quarter. Public Employees Retirement Association of Colorado increased its stake in shares of Healthcare Trust of America by 44.0% in the second quarter. Public Employees Retirement Association of Colorado now owns 6,175 shares of the real estate investment trust’s stock valued at $192,000 after buying an additional 1,888 shares in the last quarter. Comerica Bank bought a new stake in shares of Healthcare Trust of America during the first quarter valued at approximately $202,000. Finally, Park Avenue Securities LLC bought a new stake in shares of Healthcare Trust of America during the second quarter valued at approximately $208,000. 93.36% of the stock is owned by institutional investors and hedge funds.

Healthcare Trust of America, Inc. (NYSE HTA) opened at 29.48 on Thursday. The company’s 50-day moving average price is $30.58 and its 200 day moving average price is $30.92. The firm has a market capitalization of $5.92 billion, a price-to-earnings ratio of 144.51 and a beta of 0.32. Healthcare Trust of America, Inc. has a 52-week low of $26.34 and a 52-week high of $34.64.

Healthcare Trust of America (NYSE:HTA) last posted its earnings results on Monday, July 31st. The real estate investment trust reported $0.39 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.39. The firm had revenue of $139.90 million for the quarter, compared to analyst estimates of $133.69 million. Healthcare Trust of America had a return on equity of 1.42% and a net margin of 6.07%. The company’s revenue for the quarter was up 23.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.38 earnings per share. Equities analysts predict that Healthcare Trust of America, Inc. will post $0.14 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 6th. Shareholders of record on Monday, October 2nd will be issued a dividend of $0.305 per share. The ex-dividend date of this dividend is Friday, September 29th. This is a positive change from Healthcare Trust of America’s previous quarterly dividend of $0.30. This represents a $1.22 annualized dividend and a yield of 4.14%. Healthcare Trust of America’s payout ratio is currently 571.43%.

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HTA has been the subject of several analyst reports. Jefferies Group LLC raised Healthcare Trust of America to a “buy” rating and set a $36.00 target price for the company in a report on Monday, June 5th. Mitsubishi UFJ Financial Group reaffirmed a “buy” rating on shares of Healthcare Trust of America in a report on Wednesday, May 3rd. Mitsubishi UFJ Financial Group Inc reaffirmed a “buy” rating on shares of Healthcare Trust of America in a report on Thursday, May 4th. Mizuho reaffirmed a “buy” rating on shares of Healthcare Trust of America in a report on Tuesday, June 27th. Finally, BidaskClub downgraded Healthcare Trust of America from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $34.50.

In other Healthcare Trust of America news, CEO Scott D. Peters sold 55,240 shares of Healthcare Trust of America stock in a transaction dated Tuesday, June 27th. The stock was sold at an average price of $32.06, for a total transaction of $1,770,994.40. Following the transaction, the chief executive officer now directly owns 405,092 shares in the company, valued at $12,987,249.52. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.50% of the company’s stock.

Healthcare Trust of America Company Profile

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

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