Spirit of America Management Corp NY trimmed its holdings in shares of Healthcare Trust Of America Inc (NYSE:HTA) by 47.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,000 shares of the real estate investment trust’s stock after selling 4,500 shares during the quarter. Spirit of America Management Corp NY’s holdings in Healthcare Trust Of America were worth $133,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quantbot Technologies LP bought a new stake in Healthcare Trust Of America during the 1st quarter worth approximately $100,000. Legacy Advisors LLC bought a new stake in Healthcare Trust Of America during the 2nd quarter worth approximately $108,000. McKinley Carter Wealth Services Inc. bought a new stake in Healthcare Trust Of America during the 1st quarter worth approximately $120,000. Northwest Wealth Management LLC bought a new stake in Healthcare Trust Of America during the 2nd quarter worth approximately $155,000. Finally, Qube Research & Technologies Ltd bought a new stake in Healthcare Trust Of America during the 2nd quarter worth approximately $191,000.

NYSE:HTA opened at $25.01 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.41 and a current ratio of 1.41. Healthcare Trust Of America Inc has a 52 week low of $24.06 and a 52 week high of $31.69. The firm has a market capitalization of $5.53 billion, a PE ratio of 15.54, a PEG ratio of 4.06 and a beta of 0.22.

Healthcare Trust Of America (NYSE:HTA) last released its earnings results on Thursday, August 2nd. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.34). Healthcare Trust Of America had a net margin of 11.65% and a return on equity of 2.46%. The company had revenue of $173.33 million for the quarter, compared to analyst estimates of $176.30 million. During the same quarter in the previous year, the firm earned $0.39 EPS. The firm’s revenue was up 23.9% on a year-over-year basis. Equities research analysts forecast that Healthcare Trust Of America Inc will post 1.64 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date was Monday, October 1st. This is an increase from Healthcare Trust Of America’s previous quarterly dividend of $0.31. Healthcare Trust Of America’s payout ratio is presently 76.07%.

HTA has been the topic of a number of analyst reports. ValuEngine raised shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research note on Monday, October 8th. Zacks Investment Research raised shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research note on Friday, September 14th. JPMorgan Chase & Co. upped their price objective on shares of Healthcare Trust Of America from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, August 29th. Morgan Stanley lowered shares of Healthcare Trust Of America from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $27.00 to $26.00 in a research note on Thursday, August 16th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $34.00 price objective on shares of Healthcare Trust Of America in a research note on Monday, August 13th. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $30.70.

Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, comprising over 24.2 million square feet of GLA, with over $7.0 billion invested primarily in medical office buildings. 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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