Pensionfund Sabic trimmed its position in shares of Healthcare Trust Of America Inc (NYSE:HTA) by 8.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,000 shares of the real estate investment trust’s stock after selling 3,000 shares during the quarter. Pensionfund Sabic’s holdings in Healthcare Trust Of America were worth $943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Shares of Healthcare Trust Of America stock opened at $28.64 on Tuesday. Healthcare Trust Of America Inc has a one year low of $24.06 and a one year high of $29.22. The firm has a market capitalization of $5.87 billion, a P/E ratio of 17.68, a P/E/G ratio of 4.35 and a beta of 0.51. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.76.

Healthcare Trust Of America (NYSE:HTA) last announced its earnings results on Thursday, February 14th. The real estate investment trust reported $0.07 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.34). Healthcare Trust Of America had a return on equity of 6.51% and a net margin of 30.65%. The company had revenue of $172.30 million during the quarter, compared to the consensus estimate of $172.80 million. During the same period in the prior year, the business posted $0.41 earnings per share. Healthcare Trust Of America’s revenue for the quarter was down .8% compared to the same quarter last year. As a group, analysts forecast that Healthcare Trust Of America Inc will post 1.64 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 10th. Shareholders of record on Wednesday, April 3rd will be paid a $0.31 dividend. The ex-dividend date is Tuesday, April 2nd. This represents a $1.24 dividend on an annualized basis and a yield of 4.33%. Healthcare Trust Of America’s payout ratio is presently 76.54%.

A number of equities analysts recently commented on the company. Jefferies Financial Group raised Healthcare Trust Of America from a “hold” rating to a “buy” rating and raised their target price for the stock from $30.00 to $33.00 in a report on Friday. Morgan Stanley set a $29.00 target price on Healthcare Trust Of America and gave the stock a “hold” rating in a report on Thursday, March 28th. Capital One Financial raised Healthcare Trust Of America from an “equal weight” rating to an “overweight” rating in a report on Friday, February 15th. BMO Capital Markets reaffirmed a “hold” rating and issued a $28.00 target price on shares of Healthcare Trust Of America in a report on Thursday, February 14th. Finally, TheStreet cut Healthcare Trust Of America from a “b” rating to a “c+” rating in a report on Monday, January 14th. One analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $29.86.

COPYRIGHT VIOLATION NOTICE: “Healthcare Trust Of America Inc (HTA) Shares Sold by Pensionfund Sabic” was reported by Daily Political and is owned by of Daily Political. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright laws. The correct version of this piece can be accessed at https://www.dailypolitical.com/2019/04/02/healthcare-trust-of-america-inc-hta-shares-sold-by-pensionfund-sabic.html.

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.

Read More: Price to Earnings Ratio (PE) Basics

Want to see what other hedge funds are holding HTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Healthcare Trust Of America Inc (NYSE:HTA).

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

Receive News & Ratings for Healthcare Trust Of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Healthcare Trust Of America and related companies with MarketBeat.com's FREE daily email newsletter.