Adelante Capital Management LLC Reduces Position in Healthcare Trust Of America Inc (HTA)

Adelante Capital Management LLC lessened its holdings in Healthcare Trust Of America Inc (NYSE:HTA) by 6.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,601,698 shares of the real estate investment trust’s stock after selling 107,377 shares during the period. Healthcare Trust Of America makes up approximately 2.6% of Adelante Capital Management LLC’s portfolio, making the stock its 17th largest position. Adelante Capital Management LLC owned 0.78% of Healthcare Trust Of America worth $47,730,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of HTA. First Allied Advisory Services Inc. lifted its position in shares of Healthcare Trust Of America by 1.8% during the 2nd quarter. First Allied Advisory Services Inc. now owns 7,875 shares of the real estate investment trust’s stock worth $243,000 after purchasing an additional 137 shares during the last quarter. People s United Financial Inc. lifted its position in shares of Healthcare Trust Of America by 2.2% during the 2nd quarter. People s United Financial Inc. now owns 17,397 shares of the real estate investment trust’s stock worth $542,000 after purchasing an additional 370 shares during the last quarter. Global Endowment Management LP lifted its position in shares of Healthcare Trust Of America by 0.6% during the 2nd quarter. Global Endowment Management LP now owns 91,760 shares of the real estate investment trust’s stock worth $2,855,000 after purchasing an additional 570 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of Healthcare Trust Of America by 4.7% during the 2nd quarter. Private Advisor Group LLC now owns 30,007 shares of the real estate investment trust’s stock worth $886,000 after purchasing an additional 1,352 shares during the last quarter. Finally, Weatherstone Capital Management lifted its position in shares of Healthcare Trust Of America by 19.3% during the 2nd quarter. Weatherstone Capital Management now owns 8,426 shares of the real estate investment trust’s stock worth $262,000 after purchasing an additional 1,364 shares during the last quarter. 98.37% of the stock is owned by institutional investors.

Healthcare Trust Of America Inc (HTA) traded down $0.26 during midday trading on Tuesday, reaching $30.49. 1,047,100 shares of the company’s stock were exchanged, compared to its average volume of 1,509,444. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $6,300.25, a price-to-earnings ratio of 18.75, a PEG ratio of 4.67 and a beta of 0.32. Healthcare Trust Of America Inc has a one year low of $27.56 and a one year high of $33.00.

Healthcare Trust Of America (NYSE:HTA) last posted its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.34). The business had revenue of $176.00 million during the quarter, compared to analyst estimates of $163.62 million. Healthcare Trust Of America had a net margin of 6.75% and a return on equity of 1.50%. The company’s revenue for the quarter was up 48.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.40 earnings per share. research analysts anticipate that Healthcare Trust Of America Inc will post 1.65 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 9th. Shareholders of record on Tuesday, January 2nd will be paid a $0.305 dividend. The ex-dividend date is Friday, December 29th. This represents a $1.22 dividend on an annualized basis and a yield of 4.00%. Healthcare Trust Of America’s dividend payout ratio is presently 508.35%.

HTA has been the subject of several recent analyst reports. Zacks Investment Research cut shares of Healthcare Trust Of America from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. BidaskClub upgraded shares of Healthcare Trust Of America from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Capital One Financial reiterated an “equal weight” rating and set a $31.00 price target on shares of Healthcare Trust Of America in a research note on Monday, September 25th. BMO Capital Markets reiterated a “buy” rating and set a $35.00 price target on shares of Healthcare Trust Of America in a research note on Monday, October 2nd. Finally, Jefferies Group reiterated a “buy” rating and set a $34.00 price target on shares of Healthcare Trust Of America in a research note on Tuesday, October 3rd. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. Healthcare Trust Of America currently has an average rating of “Buy” and an average price target of $34.20.

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Healthcare Trust Of America 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.

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

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